Breakthrough in EU Data Protection Law: German Court Holds Presence of Irish Subsidiary Precludes Application of German Data Protection Law to Facebook

“Which jurisdiction applies to my activities in the European Union/European Economic Area?”. Determining which laws are applicable in the multi-jurisdictional European Union/European Economic Area has been the subject of long-running disputes…

Canada’s Supreme Court Finds Against Proposed National Securities Law, Regulator

The Supreme Court of Canada December 22, 2011, rendered a unanimous decision that the proposed Securities Act (the Proposed Act) is not constitutional. In doing so, the Court defeated the federal government’s initiative to establish a single national securities regulator….

ANALYSIS: Practical Suggestions For Compliance With The U.S. Foreign Corrupt Practices Act And The U.K. Bribery Act

Increased enforcement of the U.S. Foreign Corrupt Practices Act (FCPA) is old news. And now, as if the FCPA had not been enough, beginning this summer, companies and individuals alike have the U.K. Bribery Act to worry about…

Hong Kong Securities And Futures Appeal Tribunal’s Role Broadened In Landmark Decision

In a landmark decision, the Court of Appeal June 14, 2011, unanimously overturned the practice that the Securities and Futures Appeal Tribunal (the SFAT) has adopted since 2003 in proceeding only on the basis that it has a limited role in reviewing Securities and Futures Commission (SFC) decisions which are appealed to the SFAT…

Proposed Canadian National Securities Law Unconstitutional, Alberta Court Rules

In the battle over the future of securities regulation in Canada, the first round has been decided in favour of the provincial opponents of a national regulator…