LATEST ARTICLES

Vietnam: New draft regulations on market access applicable to foreign investors

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Under the new Investment Law 2020, which will take effect on 1 January 2021 (“New Investment Law”), the most notable change is the introduction of the “negative list” approach, according to which foreign investors will be entitled to market access conditions applicable to domestic investors for any sectors not included in the list of sectors, which foreign investors are restricted from accessing ("List of Restricted Sectors"). The government recently released a draft regulation that guides market access by foreign investors and provides the List of Restricted Sectors applicable to the foreign investors, which is to be included in the decree guiding the implementation of New Investment Law (“Draft Decree”).

Indonesia: Omnibus Law – Chasing Efficiency in the Telecommunications Sector

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On 5 October 2020, the Parliament approved the job creation law (RUU Cipta Kerja, commonly known as the “Omnibus Law”), which introduces key amendments to several sectors. The Omnibus Law is expected to take effect within 30 days, upon signing by the President.The Omnibus Law intends to amend more than 75 laws, which will require the central government to issue more than 30 government regulations and other implementing regulations within three months.This client alert covers the amendments to Law No. 36 of 1999 on Telecommunications ("Telecommunications Law") and Law No. 32 of 2002 on Broadcasting ("Broadcasting Law") under the Omnibus Law, which would impact telecommunications and broadcasting sectors in Indonesia.

Global: Connected Compliance Dialogues

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In this series of short conversations, our Global Compliance & Investigations team connects with senior ethics and compliance experts to discuss a wide range...

United States: The return of Corporate Inversions?

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Many analysts have credited the enactment of the Tax Cuts and Jobs Act (TCJA) for removing many of the incentives and benefits of a US multinational inverting or redomesticating to a foreign jurisdiction, such as Ireland or the UK, as part of a merger or acquisition of a foreign company. The cross-border merger and acquisition activity of the last two-and-a-half years would suggest that the analysts are correct, as there have been no major corporate inversions involving US multinationals since the enactment of the TCJA in December 2017.

Indonesia Sustainability Series: Obligation to Submit Sustainability Report in 2021

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In 2017, the Financial Services Authority (Otoritas Jasa Keuangan - "OJK") introduced a requirement for certain entities to implement sustainable finance, by issuing Rule No. 51/POJK.03/2017 on Implementation of Financial Sustainability for Financial Services Providers, Issuers and Public Companies ("OJK Rule 51"). 

International: COVID-19 – Liquidity Issues in Private Funds: General Partner Led...

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James Burdett, Jon Unger and Johanna Asplund analyze GP-led liquidity solutions in a feature article for the October 2020 issue of PLC Magazine.

Global Private M&A Guide

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A practical tool covering key aspects of the legal and regulatory M&A framework in nearly 40 countries Conducting cross-border M&A transactions in the current climate...

Global: Bite-size Briefings: Conflicts of interest and spread charges – a...

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A series of briefings that take a 'bite-size' look at international trends in different jurisdictions, drawing on Baker McKenzie's expert financial services practitioners.Global financial...

US 50 State Shelter-in-Place / Reopening Tracker

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Shelter-in-place or stay-at-home orders have been prevalent throughout the United States since March 2020 as state and local governments have sought to protect their...

Global Private Investment in Public Equity (PIPE) Guide

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Our Global PIPE Guide sets out a comparison of the key features and requirements applicable to PIPE deals in a number of jurisdictions around...