Search result for REGULATIONS
In light of new trade regulations, Democrats warn that large technology companies might circumvent competition policies.
In a letter to Biden administration officials, a group of Democratic legislators warned that if the tech industry prevails in trade negotiations over an Indo-Pacific framework, U.S. regulators may be restricted in their ability to regulate some of the nation's largest companies.
Tec...
Japan is reconsidering deadly weapon exports by modifying tight regulations
According to a government source, Japan is considering exporting lethal weapons by altering its tight limits on the transfer of defense equipment under its postwar pacifist Constitution.
According to the source, one of the proposals being discussed is that the government will allow such...
EU Requires Speed-Limiters
The European Commission has only just just approved certain brand new legislation that mandate that incorporation of intelligent speed good works into all cars that really are freshly constructed. The laws are effective immediately. The European Parliament approved these measures and ratified the...
UAE Announces New Regulations to Support Non-Oil Economy
The first Cabinet meeting of the year in UAE focused on strengthening the country’s economy by easing foreign investment and promoting businesses.
The UAE is well aware of the fact that as the world moves towards cleaner and renewable energy sources, its oil and gas sector that on...
Austria reimposes lockdown as cases soar
Austria has again imposed a lockdown for all and made vaccinations mandatory, as per the announcement made by Chancellor Alexander Schallenberg. Austria is the first country in the EU to take such stringent measures as coronavirus cases increase.
Highlights
China to reconstruct online registration rules for the younger generation
Underage users in China to submit personal details of their guardians for registering into online accounts, under real names. China is now asking its young users to fill in details of their guardians, as the country is looking into mending the rules of registration in online accounts.
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China announces Cryptocurrency trading as illegal: Tokens worth millions liquidated within 24 hours
Highlights
- Recently, China announced all cryptocurrency transactions as illegal
- Crypto coins worth $400 million liquidated within a day
People's Bank of China made crypto trading illegal on Friday, also made it a punish...
JAPAN EXPLORING OPTIONS REGARDING REGULATIONS ON CRYPTOCURRENCY
HIGHLIGHTS
- To oversee ‘decentralized finance’, Japan has set up a new section within the Finance Services Agency (FSA).
- In order to keep vigilance on digital currencies, the Ministry of Financial Affairs is planning to increase its headcou...
S. KOREAN GOVT. TO REVISE AND IMPLEMENT RULES ON ANIMAL ABUSE
Highlights –
- S. Korean Govt. to revise and implement rules on animal abuse.
- Slaughtering of animals cruelly will face imprisonment of up to three years or a fine of 3 million won.
- Pets need to wear name tags that include information a...
GOOGLE LAUNCHES 60-DAY STRATEGY AGAINST EUROPEAN UNION’S PUSH FOR STRICT TECH RULES
Highlights:
- The company Google has launched a strategy of 60 days for countering the push for new tech rules of the European Union
- The European Commission will be publishing the rules known as the Digital Services Act or DSA on 2nd December 2020 ...
CHINA CONTENTIOUS HURDLE IN ARM HOLDINGS SALE TO US FIRM NVIDIA
- China is originating as a contentious hurdle to the controversial $40bn (£31bn) sale of the UK’s largest technology firm, Arm Holdings, as the British government mulls upon whether to intervene in the deal.
- Unions and Arm’s co-founder have prodded ...
UAE PROVIDES GUIDELINES FOR WORKERS ON COVID-19 PREVENTION MEASURES
HIGHLIGHTS
- The Federal Authority for Human Resources (FAHR) repeated its call to all services and government authorities to raise their attention to their workers and urge them to stick to the fliers and guidelines identified with the prudent steps pointed towar...
ILLEGAL PARTIES IN LONDON; POLICE OFFICERS DISPERSED TO ARREST AND SEIZE FIREARMS
Highlights –
- A series of illegal parties are organized in the city of London; the third time in a row.
- London Metropolitan police are being dispersed to contain the situation.
- Police personnel has arrested seven, seized firearm, and k...
NEW BORDER CHECK REGULATIONS INTRODUCED BY BRITAIN FOR EU
Highlights –
- From January 1, 2021, Britain will introduce new border checks with the European Union.
- The British government will introduce these new regulations in stages.
- Britain is preparing itself to leave the EU’s customs un...
JAPAN TIGHTENS RESTRICTIONS ON FOREIGN INVESTMENT IN HEALTHCARE
HIGHLIGHTS
- To prevent predatory acquisitions (in the name of investment) in healthcare sector, Japan is strict laws now.
- The Foreign Exchange and Foreign Trade Act (FEFTA) has been revised.
- Potential investors need to consult FDI experts to...
CREDIT LOANS EXTENDED BY SOUTH KOREAN COMMERCIAL BANKS
Highlights –
- South Korean commercial banks give out credit loans
- Tight mortgage regulations by the government leading Korean citizens to take loans
- Personal credit debt in Korea in a rare jump in February
Due to the...
Sarb plans to introduce regulations on the use of digital currencies
Specifically, the South African Reserve Bank (Sarb) plans to introduce regulations on the use of digital currencies, or bitcoins, in an attempt to prevent them from being used to circumvent currency controls.
Sarb Deputy Governor Kuben Naidoo announced last week that the rules would be ...
Innovations are being regulated and not in the right way
Innovations as well are familiar with this world now; this word is the one that has been running the business and creating new business opportunities as well as ending some of the companies that are failing to innovate. Innovations have become a new trend in the industry, without which it is impo...