Friday, October 24, 2014

APEC Nations Agree to Cut Energy Intensity, Phase Out ‘Inefficient’ Fossil Fuel Subsidies

Twenty-one Asian and Pacific economies agreed to reduce their aggregate energy intensity 45 percent by 2035 as part of a declaration adopted Nov. 13…

Russia Settles All Remaining Issues Blocking Accession to WTO, Signs Pact with Georgia

November 15, 2011 in WTO Reporter

Russia has successfully concluded negotiations with World Trade Organization members on the terms of its accession to the global trade body, bringing down the curtain on 18 years of difficult on-again, off-again talks that strained relations between Moscow and its major trading partners…

Former Chinese Negotiator Says Importance of WTO to China Is Declining

November 15, 2011 in WTO Reporter

The World Trade Organization’s importance to China is decreasing as a consequence of the stalled Doha Round of trade talks and the exponential growth of bilateral and regional free trade agreements, a former senior Chinese trade official said Nov. 10…

ANALYSIS: France’s CNIL Finally Able To Award Labels To Mark Compliance With Data Protection Act

A new stage has been reached in relation to the creation and future use of “CNIL labels” as safety guarantees…

ANALYSIS: The European Securities And Markets Authority’s Technical Advice On The Amended E.U. Prospectus Directive Could Lead To Significant Changes For Summaries And Final Terms

The European Securities and Markets Authority’s (ESMA’s) technical advice to the European Commission dated October 4, 2011, on, among other things, final terms and summaries could lead to significant changes to capital markets documentation…

U.S. Court Imposes Record $92.8 Million Fine for Insider Trading on Rajaratnam

Billionaire hedge fund manager Raj Rajaratnam, recently handed a record 11-year prison term for masterminding a massive insider trading scheme, was ordered Nov. 8 by the U.S. District Court for the Southern District of New York to pay a record monetary penalty in the SEC’s related enforcement action…

EU Approves New Law to Close Loopholes for Financial Conglomerates

November 15, 2011 in Banking Report

Seeking to eliminate supervisory gaps over financial conglomerates with extensive cross-border banking and insurance interests, the European Union finalized changes Nov. 8 to the EU Financial Conglomerate Directive in order to reduce the incidence of contagion and risk-concentration…

European Commission Publishes Draft Advice For Dealing With Nanomaterials Under REACH

The European Commission has published the findings of a technical project that studied how nanosubstances should be dealt with in guidance on the implementation of the European Union’s REACH chemicals legislation…

Taiwan to Revise Customer Privacy, Security Trustmark Program for E-Commerce Sites

Business feedback on the first phase of Taiwan’s new customer privacy and data security trustmark program for e-commerce enterprises will be used to revise the program, the final version of which will be released in the first half of 2011, the Taiwanese government said in a Nov. 3 statement…

ANALYSIS: Italian Privacy Law Changes Revise Rules On Application Of Privacy Code To Legal Entities, Rules On Processing Of Employment Candidates’ Personal, Sensitive Data

Recent legal developments in Italy have significantly revised the applicable data protection legal framework in terms of both the introduction of new rules and different interpretations of existing provisions. Law Decree May 13, 2011, n. 70, enacted into law with amendments by Law July 12, 2011, n. 106, amends, among other things, the application of privacy rules to legal entities and the rules governing the processing of employment candidates’ personal and sensitive information.

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