Publication
Ireland
On 31 October 2023, the Screening of Third Country Transactions Act 2023 (the “Act”), which establishes a new foreign direct investment ("FDI") screening regime in Ireland, was enacted.
Middle East | Update | April 2020
The UAE Federal Law No. 14 of 2014 on communicable diseases (the 2014 Law), as amended and expanded by Cabinet Resolution 33 of 2016 (the 2016 Resolution) (collectively the Laws) now applies to COVID-19. This follows the addition of COVID-19 to a schedule attached to the 2014 Law, which lists the diseases that are communicable and which trigger reporting obligations.
In this short article, we set out the specific obligations upon certain categories of individuals and the potential sanctions that can be imposed for violations.
Once a notification has been made to a health authority, that health authority has the power to investigate the infection trail and start measures such as isolation, collection of samples, mandatory hospitalisation of that individual and disinfection of transport or property with which the infected person or persons have been in contact.
Article 18 of the 2014 Law refers specifically to epidemics and provides that certain actions can be taken by the health authorities to limit the spread of the virus. This includes taking action to regulate the entrance and exit out of a location that is infected, prohibiting gatherings of people and regulating markets, roads and other public places. These are all measures that we have seen the UAE authorities implementing in order to contain the outbreak of COVID-19. However, these measures are not restrictive and Laws permit the authorities to take any and all appropriate measures it deems fit to prevent widespread of the disease and protect public health.
The 2016 Resolution expanded the 2014 Law on the disease control procedures that the health authorities can implement, and contains provisions on how to deal with appropriate burial arrangements.
Should you have any queries about your organisation’s obligations or procedures relating to the Laws, do contact our healthcare compliance, disputes and employment lawyers below.
Publication
On 31 October 2023, the Screening of Third Country Transactions Act 2023 (the “Act”), which establishes a new foreign direct investment ("FDI") screening regime in Ireland, was enacted.
Publication
The EU Foreign Subsidies Regulation, or FSR, is intended to prevent or remedy distortions of the EU internal market caused by “foreign” – meaning non-EU – subsidies benefitting companies active in the EU.
Publication
The conventional wisdom is that ‘securitisation caused the great financial crisis’ (GFC). A further piece of conventional wisdom is that this was due to the misalignment of incentives between securitisation originators and securitisation investors . This conventional wisdom in turn drove much of the regulation of securitisation we now have.
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