Insight type: Legal Alert

The United Arab Emirates’ (UAE) two financial free zones, the Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM), have data protection laws in place (largely inspired by the European Union’s General Data Protection Regulation (GDPR), however until recently there was no comprehensive data protection law at the UAE federal level and persons impacted by data breaches or misuse of personal data had to rely on certain restricted provisions set out in the UAE’s Constitution, Penal Code and Cyber Crime Law.

The Finance (Miscellaneous Provisions) Act 2021 was gazetted on 5 August 2021, and it brings into force a number of amendments to the legislation in Mauritius.

 

The Finance (Miscellaneous Provisions) Act 2021 was gazetted on 05 August 2021 and it brings into force a number of amendments to the legislations in Mauritius.

 

ALN Kenya | Anjarwalla & Khanna routinely acts on large multi-jurisdictional infrastructure, finance and M&A transactions involving multiple parties and large amounts of documentation that require significant operational and organisational processes to share and manage, track critical issues and the status of outstanding requests, correspondences, and progress reports. This is a complex and high-risk undertaking.

The Finance (Miscellaneous Provisions) Act 2021 was gazetted on 05 August 2021 and it brings into force a number of amendments to the legislations in Mauritius.

Kenya’s President Uhuru Kenyatta has issued a statement on the presidential taskforce (the Taskforce) report with recommendations to review power purchase agreements (PPAs). The Taskforce was appointed in March this year to review the terms of PPAs entered into between various independent power producers and the Kenya Power and Lighting Company Limited (KPLC).

 

The Court of Appeal has issued directions on the hearing of an appeal by the Kenya Revenue Authority (KRA) against the decision of the High Court of 20 September 2021, declaring minimum tax unconstitutional (the Judgment).

 

Driven by the enactment of the Insolvency Act 2015, Kenya’s corporate insolvency and restructuring infrastructure has grown in leaps and bounds. The insolvency landscape in Kenya now includes a progressive approach to corporate financial distress with the introduction of administration as the primary business rescue process for companies undergoing financial hardship.

The Finance (Miscellaneous Provisions) Act 2021 was gazetted on 05 August 2021 and brings into force several amendments to the legislation in Mauritius.

The High Court has declared minimum tax provisions unconstitutional and the minimum tax guidelines void.