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On 28 January 2021, the Commission amended the Temporary Framework for COVID-19 (“Framework”) again. This 5th Amendment prolongs its application until 31 December 2021. Other changes include increasing aid amounts that the Commission will approve under the Framework and allowing for limited amounts of repayable Framework aid to be converted…

On 21 January 2021, the Electricity and Renewable Energy Authority of Vietnam (EREA) submitted Report No. 20/BC-DL to the Deputy Minister of Industry and Trade in charge. The report requests the Ministry of Industry and Trade (MOIT)’s internal approval of the draft of the Prime Minister’s decision on the selection of investors for grid-connected solar power projects in Vietnam (“Draft Decision”).

This Draft Decision would apply the selection mechanism on a long-term basis. Bidding rounds will be conducted based on a so-called Renewable Energy Development Plan formulated by the MOIT for each five-year period. A more specific plan will be circulated on a biannual basis.

Law 2068, which modifies the general tourism regime in Colombia, was published on 31 December 2020. The law’s main objectives are to promote sustainability; implement mechanisms for the conservation, protection and use of different tourist attractions; increase competitiveness; and promote the recovery of Colombian tourism through the creation of different incentives. 

Countries around the globe are facing unprecedented and rapid change due to the COVID-19 pandemic. The Government Intervention Schemes Guide provides a summary of key government intervention measures across jurisdictions around the globe in relation to: Foreign Investment Restrictions Debt Equity Taxation EU State Aid Approvals (where relevant) READ REPORT We will…

On 28 January 2021, the Commission amended the Temporary Framework for COVID-19 (“Framework”) again. This 5th Amendment prolongs its application until 31 December 2021. Other changes include increasing aid amounts that the Commission will approve under the Framework and allowing for limited amounts of repayable Framework aid to be converted to grants.

The new Bidding Bill of Law provides for integrity programs as well as greater control and transparency in public tenders.

The Brazilian Bidding Law (Law 8,666/93) and other laws related to public procurement (Law 10,520/2002 and articles 1 to 47 of Law 12,462/2011) are about to be replaced by Bill of Law No. 4,253/2020, which was recently approved by the Federal Senate and is pending presidential sanction.

The new legislation, which is 27 years in the making, provides relevant updates from a compliance perspective, such as: (i) the reinforcement of internal and external controls for public procurement; (ii) the strengthening of the relevance of a compliance program for companies willing to do business with the government; and (iii) increased sanctions for irregularities in public procurement.

Effective from 1 January 2021, the Shanghai Anti-Unfair Competition Regulations (“Regulations”) require all business operators in Shanghai to strengthen their internal controls and compliance management. 

Our alert discusses the implications of this significant development, which is the first time that the concept of a compliance program has been introduced into Chinese laws and regulations. 

You can find current episodes (and subscription links) here. A brief description of each episode follows below and we hope you enjoy them: Episode 32: Data Litigation While it is a broad subject matter, Data Litigation is an important one to be considered by the TMT industry. Join us to hear Lothar Determann, Paul Forbes, Paul…