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United States: Conventions Proposed by U.N. Commission on International Trade Law Submitted to Senate for Ratification

(Feb. 14, 2017) On November 16, 2016, the U.S. State Department’s Advisory Committee on Private International Law held its annual meeting to discuss ongoing work involving the negotiation and drafting of instruments governing private cross-border transactions. The Committee announced that it had sent transmittal letters for each of several treaty documents to the Senate in […]

Armenia: Relocation of Legal Entities Introduced

(Feb. 2, 2017) On December 17, 2016, legislative amendments on re-domiciliation of foreign companies to Armenia came into effect. (Law No. 207-N of Nov. 17, 2016, OFFICIAL GAZETTE, No. 88 (Dec. 7, 2016), Armenian Legal Information System (ARLIS) database (in Armenian).) The amendments affected both the Civil Code and the Law on Registration of Legal […]

Latvia: New Regulations on Drone Operation

(Jan. 26, 2017) The Cabinet of Ministers of Latvia adopted regulations on the operation of unmanned aerial vehicles on November 22, 2016. (Decision No. 737 of Nov. 22, 2016, LATVIJAS VĒSTNESIS [LATVIAN OFFICIAL GAZETTE], No. 231 (Nov. 28, 2016) (in Latvian).)  The new regulations require the drones to have special markings that include the full […]

Japan: Merchants to Be Required to Have IC Chip Readers for Credit Cards

(Jan. 18, 2017) An amendment to Japan’s Installment Sales Act (Act No. 159 of 1961) was promulgated on December 9, 2016. (Act to Amend the Installment Sales Act, Act No. 99 of 2016, KANPO Extra Edition No. 273 (Dec. 9, 2016), at 3, KANPO website (in Japanese).)  The amendment aims to enhance credit card security. […]

Japan: Act on Specified Commercial Transactions Amended

(Aug. 29, 2016) An amendment to Japan’s Act on Specified Commercial Transactions (No. 57 of June 4, 1976, Japanese Law Translation) was promulgated on June 3, 2016.  (Act No. 60 of 2016, KANPO (June 3, 2016) (in Japanese).)  Most of the amended provisions will become effective within 18 months of the promulgation date.  (Id., Supp. […]

Israel: Mandatory Period for Cancellation of Transactions by Certain Persons

(Aug. 17, 2016) On July 26, 2016, the Knesset (Israel’s parliament) passed the Consumer Protection (Amendment No. 47) Law 5776-2016. (Amendment No. 47, SEFER HAHUKIM [BOOK OF LAWS, the official gazette, SH] 5756 No. 2569, p. 1094, as amended, available online at RESHUMOT (the official gazette), Ministry of Justice website (search for Issue No. 2569, […]

China: Cyberspace Administration Requires Paid Search Results to Be Marked

(July 20, 2016) On June 25, 2016, China’s central Internet content regulator, the Cyberspace Administration of China (CAC), issued a set of rules regulating Internet information search services.  The Administrative Provisions on Internet Information Search Services will take effect on August 1, 2016.  (Hulianwang Xinxi Sousuo Fuwu Guanli Guiding, CAC website (June 25, 2016); translation […]

Israel: Law Protecting Price of New Books Mostly Repealed

(June 7, 2016) On May 30, 2016, the Knesset (Israel’s parliament) passed an amendment to the Law for the Protection of Literature and of Authors in Israel (Temporary Provision), 5773-2013. (Law for the Protection of Literature and of Authors in Israel (Temporary Provision) (Amendment), 5776-2016 (Amendment Law), Knesset website (last visited June 6, 2016) (in Hebrew) […]

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 […]