On 28 August 2018, the Financial Supervisory Commission (FSC) issued a ruling to amend that the long-term credit rating of the issuer or guarantor and the issue rating of the offshore structured products purchased by non-professional investors through a trust investment or consigned trading, or offshore structured products which are the subordinate to investment-linked policies, which are adjusted from A+/A1 or above to A/A2.

In the UAE, commercial agents are granted numerous statutory rights under the Commercial Agency Law (Federal Law No. 18 of 1981, as amended).

Education providers are no longer exempt from the requirement to obtain government approval for a whole range of activities, from holding fetes, to pure fundraising.

CGA Monthly Bulletin - Sep 2018

In a world in which persons and assets can easily be moved across borders, the concept of the recognition and enforcement of foreign judgments is necessary to make it stricter for losing defendants to avoid liability.

Most business transactions involve degrees of risk, which can never be eliminated entirely.

All higher education institutions in Bahrain, both private and public, are regulated by the Higher Education Council (“HEC”) which was formed according to Law No. (3) of 2005, to regulate, promote and monitor the higher education sector.

Clinical-stage pharmaceutical company Moleculin Biotech has established a wholly owned Australian subsidiary – Moleculin Australia – in Sydney, where it plans to continue its focus on developing oncology drug candidates.

On 16 August 2018, the Ministry of Labor (MOL) announced that from 1 January 2019, the monthly minimum wage will be adjusted from NTD 22,000 to NTD 23,100, and the hourly minimum wage will be adjusted from NTD 140 to NTD 150 dollars.

According to a decision of the Council of Ministers, Austria should pass a research financing law in the spring of 2019 enabling improved research planning.