(Oct. 30, 2019) On October 3, 2019, the Parliament of Liechtenstein unanimously adopted the Token and TT-Service Provider Act (TVTG) (“Blockchain Act”), a “comprehensive regulation of the token economy.” The Act has been substantially revised since the conclusion of the consultation process that ran from August to November 2018. The Blockchain Act is subject to […]
Topic: Banks and financial institutions, Civil code, Commodities markets, Consumer protection, Cryptocurrency, Financial services, Internet, Product development and innovation, Securities, Technical innovation
Jurisdiction: Liechtenstein
Author: Jenny Gesley
(Aug. 31, 2018) On July 21, 2018, new rules to make money market funds (MMFs) more resilient against financial market difficulties, reduce the risk of runs, and limit cross-border contagion began applying to newly issued MMFs in the European Union (EU). Existing MMFs must show compliance by January 21, 2019. MMFs are mutual funds that […]
Topic: Banks and financial institutions, Business investment and capital, Commodities markets, Credit markets, Financial services, Investment
Jurisdiction: European Union
Author: Jenny Gesley
(Aug. 21, 2014) It was reported on August 15, 2014, that the Indian government has taken preliminary steps to introduce amendments to India’s information technology law that would specifically treat cybercrimes against women. The move comes in the wake of reports of men recording rapes of women and girls with their smartphones and using the […]
Topic: Commodities markets, Crimes against children, Crimes against women, Cybercrime, Information technology
Jurisdiction: India
Author: Wendy Zeldin