CGA Bulletin - Aug 2021

According to an anonymous source, a ‘Centre for Economic Situation Administration’ (“CESA”) meeting chaired by Prime Minister Gen. Prayut Chan-o-cha was held on Friday 4 June that approved (in-principle) a set of proposed stimulus measures aimed at encouraging wealthy expatriates to Thailand.

Recently there have been some articles posted on the web, mostly targeted to South African citizens, publicizing the possibility of obtaining citizenship by investing in Umbria, a region in the centre of the country.

Are you an employee of ADGM or ADGM registered entities? Would you like to protect the well-being of those you care for most?

A landmark project is beginning along the Athens Riviera. The redevelopment of the old Athens airport at Hellenikon promises to transform the 70 kilometer Attica coastline into one of the Mediterranean’s leading destinations for decades to come.

The ADGM has published two new rules supplementing the Data Protection Regulations of 2021 (“DPR 2021”): (i) Data Protection Regulations (“Fees”) Rules 2021 (“Fees Rules”); and (ii) Data Protection Regulations (“Fines”) Rules 2021 (“Fines Rules”) on 25 July 2021.

Private equity and venture capital in Australia is back on a track. The rebound in dealmaking is expected in 2021 following a pause when Covid-19 struck the country last year and the reopening of the IPO market presents a favourable and timely option for exits.

This month’s edition of Law Update addresses an important topic that impacts all of us from a professional and personal perspective. Our authors shine a spotlight and delve into how the legal industry and the region are committing to tackling the impact of climate change and the positive initiatives in place.

On Friday, Beijing released a draft policy that could turn its $100 billion tutoring industry into a nonprofit sector. The decision knee-capped shares of China’s largest education companies: New Oriental Education & Technology Group, for example, lost $38 billion that day.

According to a 2019 report prepared by the EU Commission these schemes exist to date in 20 MEMBER STATES.