Background The Companies (Amendment) Bill 2019 (“Bill”) was recently passed at the Dewan Rakyat on 10 July 2019 and will soon be tabled before the Dewan Negara for its approval. The five key amendments being introduced to the Companies Act 2016 (“Act”) under the Bill are as follows. 1. Execution…
I. Shareholder notification in the Netherlands On 23 May 2019, the Dutch government submitted a legislative proposal to…
On 2 July 2019 the United Arab Emirates (UAE) Cabinet announced the relaxation of foreign ownership restrictions for…
On 28 June 2019, the Dutch government presented the new climate agreement (Klimaatakkoord). It contains a set of measures drawn up in consultation with various parties across Dutch society in the joint combat against climate change. The climate agreement aims to reduce CO2 emissions in the Netherlands by setting a…
Investors in Africa face an increasingly complex business environment, with numerous geopolitical and economic risks to consider, as…
In a nutshell: Issuance of bearer shares not permissible anymore after 1 January 2020. Automatic conversion of existing…
On 15 February 2019, the Securities and Exchange Commission (SEC) released the Memorandum Circular No. 4, Series of 2019 on the Sustainability Reporting Guidelines for Publicly-Listed Companies (PLCs). The Memorandum Circular took effect on 8 March 2019 and will apply to the 2019 Annual Reports that are to be submitted…
A brief outline of the Conduct of Financial Institutions Bill, its effect on the financial industry and implications…
Ahead of the Baker McKenzie African Transactional Summit taking place in Johannesburg in May 2019, Baker McKenzie lawyers based…
On 10 April 2019, the Monetary Authority of Singapore (MAS) issued a consultation paper on the Proposed Payment Services Regulations (Consultation Paper).1 You may read our previous alerts on the features of the version of the Payment Services Bill released for public consultation, and the subsequent updating notes describing the…