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Japan: Work Style Reform Act

On July 6 2018, the 196th ordinary session of the Diet passed the Work Style Reform Act (Act) into law. The Act, which amends the Labour Standards Act (LSA) and other laws and regulations concerning working hours and annual paid leave, is intended to ensure that employees do not work long hours and enjoy a diverse work-life balance that suits their individual circumstances.

December 11 2018
Macau: Tax relief for 2019

On November 15 2018, the Chief Executive of the Macau Special Administrative Region announced the 2019 policy address at the Legislative Council with a headline of 'Seize opportunities for balanced development'. Some highlights of the tax relief measures mentioned are as follows:

December 11 2018
Saudi moving fast on new restructuring law

Saudi Arabia’s new law introduces a framework for the winding down of distressed businesses in the country for the first time

IFLR Correspondent, December 11 2018
Opinion: Quarles will bring deregulatory agenda to FSB

If his work at the Fed is anything to go by, Randal Quarles' appointment as chair of the Financial Stability Board could bring regulatory liberalisation to the many

John Crabb, December 11 2018
INTERVIEW: Blackstone chief legal officer John Finley

Americas reporter John Crabb talks to Blackstone senior managing director and chief legal officer John Finley about his time as general counsel, building a team and the private equity landscape

John Crabb, December 11 2018
Americas

In the US, British Virgin Islands-based O'Neal Webster opened a representative office in New York.

December 11 2018
PRIMER: market risk – a banking regulation perspective

Regulation and risk management expert Bozena Gulija examines how methods and regulatory approaches have evolved when it comes to this category of risk

Bozena Gulija, December 11 2018
Europe, Middle East and Africa

Pierre-Alain Bouhénic Maryna Hritsyshyna In Belgium, Ukrainian firm Asters, which earlier this year hired most of Egorov Puginsky Afanasiev & Partners' Kyiv office, became the first firm from its country to open in Brussels, launching a representative office in the city.

December 11 2018
Fighting back: the role of receivership applications

Receivership is an important weapon in the arsenal of any commercial litigator

IFLR Correspondent, December 11 2018
Brazil: Brazilian upstream oil sector outlook

The discovery of pre-salt reservoirs in Brazil dramatically increased the country's oil reserves. There was hope that oil would fund education, health, and infrastructure, but these hopes proved to be unfounded.

December 11 2018

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