REMITREP Services’ Post

📍Are #SMEs expecting more #Resilience and #Fairness in #Business in future? 🇪🇺Pleased that my article examining European Commission’s new proposed #Late #Payment #Regulation expected having major impact on #commercial #transactions has been published by Thomson Reuters. Taylor Wessing Taylor Wessing Österreich Taylor Wessing UK Taylor Wessing CEE European Commission EU FDI Watch

HMRC has now updated its guidance with the current lists of Partner Jurisdictions and Reportable Jurisdictions. You can find the links to the guidance pages here: Partner Jurisdictions: https://lnkd.in/dea4E5xF Reportable Jurisdictions: https://lnkd.in/df2R5DqS HMRC will update these pages as and when further jurisdictions confirm that they are ready to exchange information with the UK. Currently the UK’s partner jurisdictions are: Bulgaria Canada Ireland Latvia New Zealand

In the renowned legal magazine “The Company Lawyer” (Thomson Reuters / Sweet&Maxwell), our Corporate/M&A and capital markets expert and Head of our CEE Turkish Desk, Tuğçe Yalçın, LL.M., Ph.D. (Oxford/London), reviews the European Commission's proposed 'Regulation of the European Parliament and of the Council on combating late payment in commercial transactions' dated 12 September 2023.    The newly proposed EU Late Payment Regulation aims to foster fairness in commercial transactions, increase the resilience of SMEs and supply chains, and encourage the wider use of digitalisation by combating late payment which have a major impact on SMEs and creates a domino effect that leads to more late payment.   Read the full article on our website: https://lnkd.in/dcsp-Wwm   #EU #Commercial #Transaction #Latepayment #FairCompetition #SME 

On 26 July 2024, the Monetary Authority of Singapore published amendments to the Guidelines on Licensing for Payment Service Providers (PS-G01). These amendments will take effect from 26 August 2024, and should be especially noted by current and future Standard Payment Institutions and Major Payment Institutions. In this legal update, by Head of Financial Services Regulation, Grace Chong and Associates Jia Yi Gan and Theodore Tay , we summarise the key changes made to the guidelines. You may read the full update here: https://bit.ly/4bYgu3P

📄 Electronic #receipts are undoubtedly becoming more popular, but the question remains: is it legally permissible to issue them? 🤔 Each country has its own story, as #fiscal regulations vary widely. 🌍 To find out more about the legal status of electronic receipts in #Latvia, check out JB Fiscal Consulting's latest #YouTube video! 🎥🔍 https://lnkd.in/dueuCQ_S If you’re interested in regulations for another country, feel free to reach out at tm@jbfiscalconsulting.com. 📧

✍️ Yesterday, 27.06.2024, the Draft Law on the use and provision of trust services, with implications on the use of electronic signatures, was sent for promulgation to the President of Romania. This draft law establishes the necessary legal framework for the implementation of Regulation (EU) No 910/2014 on electronic identification and trust services for electronic transactions in the internal market. With this new legal framework, Romania is taking a considerable step towards aligning with European and global digitization standards, providing a secure and modern legal environment for the validation and protection of electronic documents. From the recognition of electronic signatures to ensuring data confidentiality through the use of electronic time stamps, this legislation plays a crucial role in facilitating electronic transactions and strengthening the trust of citizens and entities in the digital environment. Read more in the article: https://lnkd.in/d-uN4BNP

🌐 𝗘𝗺𝗽𝗼𝘄𝗲𝗿 𝘆𝗼𝘂𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘄𝗶𝘁𝗵 𝗮 𝗟𝗮𝘁𝘃𝗶𝗮𝗻 𝗘𝗠𝗜 𝗟𝗶𝗰𝗲𝗻𝘀𝗲 𝗶𝗻 𝗟𝗮𝘁𝘃𝗶𝗮 🚀 Exciting news for businesses seeking the most efficient MiFID solution within the EU! 🌍 Our team at Sviridenko & Partners SIA is pleased to offer comprehensive legal support for the obtainment of EMI licenses in Latvia. 🇱🇻 𝗛𝗼𝘄 𝗪𝗲 𝗖𝗮𝗻 𝗛𝗲𝗹𝗽: ✅ EMI License Acquisition: Navigate the regulatory landscape with our expertise to secure your Electronic Money Institution license in Latvia. ✅ Cost-Efficient MiFID Solution: Access the most budget-friendly MiFID solution within the European Union. ✅ Tailored Legal Support: Our team is dedicated to providing personalized legal assistance, ensuring your business complies with all relevant regulations. 𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀: 📧 Email: ma@sviridenko.law 📱 Phone: +371 2662 2113 💡 Don't hesitate to reach out if you have any questions. 💪🌐 #EMILicense #MiFID #LegalCompliance #FinancialServices #legaladvice #latvia #EMI #brexit #lawfirm #lawyers

📢 New amendments have been introduced to the Turkish Commercial Code, impacting capital requirements and board governance effective as of May 29, 2024. 🔍 Please find below our newsflash for an overview of these changes.

🔔 𝗡𝗲𝘄𝘀𝗳𝗹𝗮𝘀𝗵: 𝗥𝗲𝗰𝗲𝗻𝘁 𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁𝘀 𝘁𝗼 𝘁𝗵𝗲 𝗧𝘂𝗿𝗸𝗶𝘀𝗵 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗖𝗼𝗱𝗲 – 𝗪𝗵𝗮𝘁 𝗬𝗼𝘂 𝗡𝗲𝗲𝗱 𝘁𝗼 𝗞𝗻𝗼𝘄🔔 Significant changes have been introduced with the recent enactment of the Law on Amendments to the Turkish Commercial Code and Certain Other Laws, published on May 29, 2024. These updates bring fresh perspectives on minimum capital requirements, and the dynamics and authorities of company boards. Please find below our detailed newsflash prepared by our Corporate M&A practice group, to have a more comprehensive understanding of these important changes. Emre Özşar, Can Tolga Tezel, Asli Gulum, Batuhan Akarsu #GKCPartners #TurkishCommercialCode #CorporateGovernance #LegalUpdates 

📌The Law on Amendments to the Turkish Commercial Code, published on May 29, 2024, brings significant changes to minimum capital requirements and company board dynamics. 📌For more details, please see our comprehensive newsflash.