Tag Archives: EU zone

Hague Convention on Choice of Courts comes into operation in Singapore

The Hague Convention on Choice of Court Agreements (Hague Convention) officially came into force on 1 October 2016 and there are currently 30 signatory states, including all members of the European Union and Mexico.  As we have previously reported, Singapore … Continue reading

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Filed under Announcements, Enforcement, Jurisdiction, South East Asia

Impact of CJEU decision in Schrems v DPC on the implementation of cross-border data transfer provisions in Hong Kong

Organisations in the European Union with operations in the United States have, for over a decade now, taken comfort that the transfer of personal data to the United States would be lawful if the recipient had subscribed to the US … Continue reading

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Filed under Data protection, Employment, Hong Kong

Singapore signs the Hague Convention on Choice of Court Agreements: a step in the right direction for the Singapore International Commercial Court

In our previous article The New Frontier, we discussed the launch of the Singapore International Commercial Court (“SICC“) and in particular we questioned whether issues of cross border enforceability might impact the effectiveness of the new SICC.  Last week, Singapore … Continue reading

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Filed under Enforcement, Jurisdiction, South East Asia

New EU jurisdiction rules apply from 10 January: what does it mean for non-EU domiciled parties?

New EU rules on jurisdiction and the enforcement of judgments will apply to proceedings commenced from 10 January 2015, in the form of the recast Brussels Regulation (Regulation (EU) 1215/2012). Herbert Smith Freehills has published a client guide to the … Continue reading

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Filed under Jurisdiction

EU bankers’ bonus cap – CRD IV

The European Parliament has voted in favour of a proposal to introduce new rules (known as CRD IV) to put a cap on bankers’ (who work for European banks anywhere in the world) bonuses. The new rules have attracted a … Continue reading

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Filed under China, Employment, Hong Kong, Japan, South East Asia

Warning to companies of the Importance of compliance with EU merger control filing requirements: EU General Court upholds €20 Million fine imposed on Electrabel

On 12 December 2012 the EU General Court dismissed Electrabel’s appeal against the €20 million fine the European Commission had imposed on it for failing to notify a transaction – the acquisition of a minority shareholding – to the Commission … Continue reading

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Filed under Competition law, Japan

Potential Eurozone Break-Up: Questions and Answers

There has been speculation of the possibility of a withdrawal by a Member State from the Euro. What are the issues for creditors that would arise if a Member State were to decide to leave the Eurozone? What are the … Continue reading

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Filed under Contract, Hong Kong, Japan, Public international law, South East Asia