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Please direct any comments or queries regarding this post to Editors@bakermckenzie.com.

We are delighted to invite you to the Baker McKenzie Middle East Tax Forum in Dubai on Wednesday, 18 October 2023 – a full day of interactive discussions on tax updates across the Middle East and a special focus on the impact of global tax policy developments such as Pillar 1 and Pillar 2 (Global Minimum Tax).

This report, based on Baker McKenzie’s many years’ experience with nuclear projects around the world, points to the need to implement comprehensive measures in the economic, legal, social and environmental areas, backed by strong and stable state support. This will not only significantly strengthen Poland’s energy security, but also provide a strong impetus to technological progress, new investments, the development of science, and increasing the competitive advantages of Polish companies.

The Association of Southeast Asian Nations Economic Ministers agreed to strengthen competition policy and enforcement cooperation at the 54th ASEAN Economic Ministers’ Meeting held in Siem Reap, Cambodia from 13 to 15 September 2022.
Businesses that operate in the Southeast Asia region are encouraged to undertake a timely review of their operations to ensure that they do not fall foul of competition laws.

On 25 May 2022, the Federal Council passed an amendment to the Price Disclosure Ordinance. The purpose of the amendment is to ensure clarity and comparability of prices and to prevent the use of misleading prices. This latest amendment was precipitated by federal court ruling 4A_235/2020, which caused uncertainty on the question of the timing of price disclosure in online trade.

Baker McKenzie attorneys Paul Melling, Roman Butenko and Oleg Tkachenko contributed two articles to GIR – Europe, Middle East and Africa Investigations Review 2022 Digital Edition. The first article provides an overview of recent corporate anti-bribery enforcement trends and, taking into account those trends, tries to sum up the most important lessons to be learned by companies that strive to build compliant businesses in Russia. The second article is dedicated to key issues on compliance programs and their enforcement in Russia. The article provides an overview of recent anti-bribery and legislative corruption measures and the guidance provided to the Russian business community with regard to those measures and their enforcement.

Baker McKenzie’s Sanctions Blog published the alert titled New Russian legal framework for blocking sanctions prohibiting: (i) Russian persons from entering transactions with designated persons; and (ii) the export of certain Russian items in favour of sanctioned persons on 4 May 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

Baker McKenzie’s Sanctions Blog published the alert titled Russia: New Russian Presidential Decree imposes new restrictions on distribution of profits and introduces certain clarifications to the existing limitations on 5 May 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.