Library of Congress

Law Library of Congress

The Library of Congress > Law Library > News & Events > Global Legal Monitor

Vietnam: Reduction in State Holdings of Businesses Being Considered

(Mar. 22, 2016) Vietnam’s Ministry of Planning and Investment (MPI) is considering issuing a decision that would change the status of some state-owned enterprises (SOEs) and open some industrial sectors to more non-state investment. The decision would divide SOEs into three categories: those that are wholly state-owned, those with at least 65% state holdings, and […]

Indonesia: Regulation to Encourage Investment in Industry

(Jan. 13, 2016) On December 28, 2015, the Government of Indonesia issued a new regulation that is expected to increase investment in developing industrial zones. The new legislation replaces parts of Government Regulation No. 24/2009, on industrial zones. Speaking on January 5, 2016, Imam Haryono, Director General for Industrial Region Development of the Ministry of […]

Vietnam: Heavier Fines for Illegal E-Commerce Activities

(Dec. 14, 2015) A new decree issued by Vietnam’s government on November 19, 2015, amends several articles of a 2013 decree that imposes penalties for administrative violations in connection with commercial activities, the manufacture of and trading in counterfeit or banned goods, and the protection of consumers’ interests.  The new decree punishes various acts that […]

Indonesia: Limits on Foreign Investment in E-Commerce Proposed

(Nov. 27, 2015) According to a November 23, 2015, report, Indonesia’s Ministry of Trade is developing a new, more restrictive policy for foreign ownership of e-commerce businesses in the country. The new rules, designed to favor domestic online companies, would apply to online shopping and service businesses. (Govt Prepares Foreign Ownership Limits in E-Commerce, JAKARTA […]

Indonesia: Economic Deregulation Planned

(Sept. 14, 2015) On September 9, 2015, Indonesia’s President Joko Widodo announced a major economic deregulation policy. According to the President, there are three areas that will be the focus of this policy: increasing the competitiveness of industry, speeding up infrastructure projects, and raising the amount invested in the property sector of the economy. Widodo […]

Russia: Commercial and Private Drones to Be Outlawed in Moscow

(June 25, 2015) On June 10, 2015, the State Duma (legislature) of the Russian Federation passed at the first reading amendments to the country’s Air Code, which, upon their adoption, will establish regulatory requirements for unmanned aircraft systems and unmanned aerial vehicles (UAVs). (Bill No. 752189-6 on Amending the Air Code of the Russian Federation […]

Japan: Act Against Unjustifiable Premiums and Misleading Representations Amended

(Jan. 6, 2015) The Act Against Unjustifiable Premiums and Misleading Representations (Act No. 134 (May 15, 1962)) was amended twice in 2014, in June and November. This Act regulates premiums and representations in connection with transactions of goods and services in order to ensure fair competition and thereby to protect the interests of general consumers. […]

Bulgaria; European Union: Bank Depositors Denied Access to Their Deposits in Bulgaria

(Oct. 8, 2014) On September 25, 2014, the European Commission instituted infringement proceedings against Bulgaria arising from its failure to pay the claims of depositors at two closed banks. The Commission sent a letter of formal notice to Bulgarian authorities informing them that the country had committed two violations of European Union legislation: (a) incorrect […]

Indonesia: Aceh Province Bans Daytime Food Sales During Ramadan

(July 7, 2014) The Wilayatul Hisbah, or Shariah Police, of Aceh Province, an area of Indonesia that applies Islamic law, have forbidden sales of food during the daytime during the month of Ramadan, in which Muslims fast from sunrise to sunset. They have applied the rule from 5 am to 3 pm, and to everyone, […]

European Union: Draft Directive on Damage Claims by Victims of Antitrust Violations

(June 30, 2014) In April 2014, the European Parliament adopted a proposal for a Directive regulating various aspects of actions for damages suffered by victims of antitrust violations. The European Commission initially proposed the Directive in June 2013. (European Commission, Actions for Damages: Proposal for a Directive on Antitrust Damages Actions, EUROPA (last updated Apr. […]