Firm News
Navigating the Delicate Balance: Addressing Sensitivity and Scrutiny in Defense-Related IPOs in Turkey

The Turkish defense industry has witnessed a remarkable surge in recent years. This has spurred interest in defense-related initial public offerings (IPOs), as companies seek to tap into the capital markets to fund their expansion and innovation initiatives.
Transfer pricing in Asia, with a focus on China, Hong Kong, Vietnam and Singapore
Approval Of The Bill On Reconciliation Of Personal, Family And Work Life
On December 20, Congress approved, and sent for promulgation and publication, the bill that modifies the Labor Code on matters of reconciliation of personal, family and work life.
How Initial Public Offerings (IPOs) In The Defense Sector Can Propel National Economies

The defense industry, often perceived as a bastion of secrecy and exclusivity, is undergoing a paradigm shift, embracing the open embrace of initial public offerings (IPOs). This newfound transparency is poised to not only revolutionize the defense sector but also foster a surge in national economies.
SEC Brings Enforcement Actions to Remedy Improper Contractual Limitations on Whistleblower Activities
The SEC in recent months has settled a number of actions targeting employment agreements used by companies which include language implicating Rule 21F-17 of the Securities Exchange Act of 1934. This Rule, affords broad “whistleblower” protections to individuals who report potential securities law violations.
Italian Trade Agency Triumphs at Singapore Fintech Festival
We are delighted to share the success of the Italian Trade Agency at the Singapore Fintech Festival 2023, which took place from November 15 to 17 at the Singapore Expo. Italian startups delivered presentations on their innovative products and services.
China Aims To Acclerate Cross-border Data Flows
Since 2022, CAC has issued documents such as the Security Assessment Measures for Data Provision Abroad and the Measures for Standard Contracts for Personal Information Outbound, which set out specific regulations on outbound requirements involving information collected within China.
FDA Issues Guidance on Enforcement Policy for Non-Invasive Remote Monitoring Devices Used to Support Patient Monitoring

The Food and Drug Administration (FDA) has recently released new guidance on the enforcement policy for non-invasive remote monitoring devices used to support patient monitoring.
Dismissed the Appeal of Unconstitutionality Against the Temporary Solidarity Tax on Large Fortunes
The Plenary Session of the Constitutional Court has rejected the unconstitutionality appeal presented by the Government Council of the Community of Madrid against the temporary solidarity tax on large fortunes, created by Law 38/2022, of December 27 (art. 3).
When Are Staking Rewards Taxable?

Traditional blockchain networks employ “proof-of-work” (PoW) consensus mechanisms to ensure reliability across their distributed ledgers. These PoW networks, such as Bitcoin, rely on energy-intensive mining activities. However, a more sustainable alternative has emerged: “proof of stake” (PoS) or staking.
Superannuation CEO Roundtable; Downsizer Conributions and NALI/NALE Reforms

This week, APRA released notes from a recent superannuation CEO roundtable and the ATO updated a ruling and a guidance note in relation to downsizer contributions. The Bill containing the NALI/NALE reforms has been referred to a Senate committee for report.
Analysis of Global Legal Trends under Challenges in Artificial Intelligence and Cryptocurrencies

Integrating artificial intelligence (AI) and cryptocurrencies into the global economy and societal structures necessitates reevaluating and adapting existing legal frameworks.
How European Companies Can Sit in the Middle of China and the US

European companies are facing a growing challenge as the US and China continue to decouple. Many companies are worried about how to sit in the middle of these two superpowers and continue to do business in both markets.