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Insurance regulation in Asia Pacific
Ten things to know about insurance regulation in 19 countries.
Canada | Update | March 17, 2020 4 PM ET
Immigration, Refugees and Citizenship Canada (IRCC) published an updated set of special measures to help temporary and permanent residents conserve and/or obtain their rights to remain or work in Canada during the outbreak. These measures include:
• Temporary residence applicants from outside Canada
• Permanent residence applicants
• Citizenship applicants
As expected, we have noted an increase in processing times in applications being processed in China, Iran and South Korea.
A dedicated channel has also been created by IRCC for applicants in China, Iran and South Korea needing a visitor visa, study permit or work permit urgently to travel to Canada.
Beyond these measures, IRCC’s position is that of business as usual. This means that foreign nationals remain responsible for ensuring they have the correct legal authorizations to remain and work in Canada even if they are obliged to stay in Canada longer than expected due to the outbreak.
Notably, IRCC has also indicated that the physical presence requirement will not be lessened for permanent residents. This is important for permanent residents who might not be able to travel back to Canada for an extended period.
Employers should remember:
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Ten things to know about insurance regulation in 19 countries.
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In King Crude Carriers SA & Ors v Ridgebury November LLC & Ors [2024] EWCA Civ 719 the Court of Appeal held that the claimant sellers (the Sellers) were entitled to claim the deposits promised under sale contracts as a debt despite the defendant buyers’ (the Buyers) breach of contract, which had resulted in the non-fulfilment of a condition precedent to the payment of the deposits.
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As previously observed, conflicts occasionally arise between mortgagees and charterers where a mortgagee wishes to take prompt action to enforce its rights, but the charterer wishes such enforcement action to be deferred until the end of the charter.
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