By Scott Farrell, Claire Warren, Roslyn Hinchliffe and Johanan Ottensooser. King & Wood Mallesons’ Sydney Office
“Smart contract” is a buzzword phrase which could mean anything and be used to justify everything, from the realisation of the value of blockchain (another buzzword) to the end of lawyers (that can’t be right). To
By Simon Holmes (EU) , Emma Radcliffe (EU), Sharon Henrick (AU), James Darch (AU), Neil Carabine (HK), James Wilkinson (HK) and Kate Peng (PRC). King & Wood Mallesons
The volume and depth of cross-border cooperation between competition authorities is increasing, according to American Bar Association research. Greater collaboration between regulators has occurred as issues have
By Stephen Mason and Jodi Gray.King & Wood Mallesons
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outh Africa’s financial sector is currently undergoing significant regulatory reform, which will likely result in the establishment of a “twin peaks” model of regulation in the near future through the enactment of the Financial Sector Regulation Bill at some point during 2016.
This article summaries
By Philip Willox.King & Wood Mallesons’Perth Office.
T
he Federal Court decision in Rakic v Johns Lyng Insurance Building Solutions (Victoria) Pty Ltd (Trustee)[2016] FCA 430 is yet another example of a Court treating pre-employment negotiations as conduct “in trade or commerce” for the purpose of a claim under Australian Consumer Law.
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By Susan Ning, Kate Peng and Gong Ting King & Wood Mallesons’ Commercial & Regulatory Group
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n
14 June 2016, China’s State Council published on its website the Opinions on Establishment of the Fair Competition Review Mechanism in the Development of Market System (“Opinions”).[1]The introduction of the fair-competition review mechanism represents a landmark progress in developing market economy in China.[2]According to the Opinions, Chinese government departments at different levels shall conduct a fair-competition review during the formulation of policies and regulations starting from July 2016.
1. Background
Over the past decades, China has made extraordinary economic progress in a relatively short period of time. Notwithstanding this development, China’s transition to a modern market system is still on-going and the legacy of a centrally planned and highly administered and regulated system still remains in some areas of the economy. Such as certain current administrative and economic management system gives central and local government bodies extensive powers to intervene and participate in markets relevant to the industries and geographical areas in their jurisdictions.
Continue Reading Fair Competition Review – key step in competition policy
By King & Wood Mallesons
By an almost four percentage point margin, the British people have voted to leave the European Union, and the Prime Minister has announced that he will stand down in October. Market uncertainty will now make the UK a very challenging environment for investors for some time – although no doubt
By Neil Carabine and James Wilkinson King & Wood Mallesons.
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n the first six months since the Competition Ordinance (Cap. 619) came into full effect, businesses and trade associations have been active in reviewing their contracts and conduct to ensure compliance with the new law. The Competition Commission and Communications Authority, meanwhile, have received
By Kate Jackson-Maynes, Nathan Hodge, Patrick Gunning and Adriana Wild Taylor. King & Wood Mallesons
automated, algorithm-based financial advice given through an online tool, with or without the use of human financial planners. Robo-advice tools are either accessed directly by clients or used by human advisers to assist them in
By Rahul Saha and Cameron Firth. King & Wood Mallesons
OMESA: An overviewThe Common Market of Eastern and Southern Africa (COMESA) is a supra-national organisation with 19 Member States – Burundi, Comoros, Democratic Republic of Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Namibia, Rwanda, Seychelles, Sudan, Swaziland,
By King & Wood Mallesons
King & Wood Mallesons has advised China Digital Video Holdings Limited (Stock Code 8280) on its successful listing and initial public offering on the GEM Board of the Hong Kong Stock Exchange valued at approximately HK$278.5 million. KWM acted as PRC, Hong Kong and US counsel on the deal.
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