Recent News Found 123 Matches

Article authored by Olayinka Alao, Managing Partner of Renaissance Practice Introduction On 13 January 2020, President Muhammadu Buhari signed the Finance Bill, 2019 (now Finance Act) into law. The Finance Act was specially designed to support the implementation of the 2020 National Budget and to create an enabling environment for businesses. Notable Provisions of the Finance Act 2020 The ...

Germany’s Bundeskartellamt has fined three steel producers and three people in positions of responsibility to the tune of some 646 million euros for illegal price rigging. Price rigging hampers competition and is contrary to antitrust law, which is why the Bundeskartellamt has imposed fines totaling around 646 million euros on three steel producers and people in positions of responsibility. It a...

Obtaining a MSO license in Hong Kong Hong Kong is one of the major global financial hubs. Anyone planning to register a company and provide financial services in Hong Kong should definitely learn about all the nuances of the financial sector in this jurisdiction. A Money Service Operator (MSO) license is required to offer money-related services in Hong Kong. This article provides an overview ...

FinTech in Ukraine: 10 Reasons to be Proud Lately, Ukraine has seen an increasing number of new projects and companies which help simplify and streamline financial processes and improve customer service. Fintech startups identify sore business spots and then issue their own products to address those challenges. This article aims to analyze the Ukrainian fintech market, review its peculiaritie...

Inadequate data protection measures can prove costly. Following a recent case involving a real estate business, a telecom provider is the latest business facing a heavy fine. The GDPR came into force in May 2018. While fears of a wave of warning notices were never realized, the authorities are cracking down on violations of the GDPR. We at MTR Rechtsanwälte can report that fines running int...

To provide customer services legally, any online gaming website must obtain a special license issued by the competent licensing body. There are certain areas where the legislation allows the licensing and regulation of companies operating in the online gambling sector. This article offers a review of the gambling license in the Isle of Man and gaming license in Curaçao. Those are very popul...

The United Arab Emirates is considered one of the most appealing jurisdictions for doing business and incorporating companies. The country attracts millions of businessmen, not only from the Middle East but from all over the world. The United Arab Emirates (UAE) leads the global finances, and there is a good reason for that. This article will tell you about the company registration process in th...

Introduction When it comes to the gambling and gaming industry, Africa should be the next big area to focus on. This is due to its huge population (over 1.2 billion people), the high rate of internet and smartphone penetration. Kenya, alongside South Africa, Nigeria and Ghana are some of the countries where the gambling industry has really expanded in the last couple of years. In particular, t...