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Economic
Regulation Issues
January 2010 |
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NCC to Implement Tariff Cuts Regime
International Law Office, January 27, 2010
On January 06, 2010 the National Communications
Commission (NCC) announced a rate reduction plan
to cut nationwide mobile telephone service rates
by 5.87 percent from April 01, 2010, while
fixed-network communication service fees will drop
by 5.69 percent. <<More>>
Environmental Risks to be taken into
Consideration
International Law Office, January 22, 2010
The commissioner of banks, Israel recently issued
a directive which demands that commercial banks
take into consideration their exposure to
environmental risks, particularly when granting
credit to clients. <<More>>
French bill to Implement G20 Decisions
International Law Office, January 15, 2010
Following the G20 meeting in Pittsburgh on
September 24 and 25, 2009, the French government
finalised a bill on December 16, 2009 to implement
a number of the G20 decisions on strengthening the
international financial regulatory system. <<More>>
NCC to Implement Tariff Cuts Regime
International Law Office, January 27, 2010
On January 06, 2010 the National Communications
Commission (NCC), Taiwan announced a rate
reduction plan to cut nationwide mobile telephone
service rates. <<More>>
Corporate Governance for Insurers
International Law Office, January 26, 2010
At the end of 2009 the Indian insurance market
regulator, the Insurance Regulatory and
Development Authority (IRDA), issued its Corporate
Governance Guidelines for Insurers. <<More>>
Air Carriage by Implication
International Law Office, January 20, 2010
On October 21, 2009 the Stuttgart Court of Appeal
ruled on a case involving the conclusion of a
contract of carriage by air, the concept of gross
negligence in the Montreal Convention and the
notification process pursuant to Article 31 of the
convention. <<More>>
Implementing G20 Decisions on Finance
Regulation
International Law Office, January 15, 2010
Following the G20 meeting in Pittsburgh on
September 24 – 25, 2009, the French government
finalised a bill on December 16, 2009 to implement
a number of the G20 decisions on strengthening the
international financial regulatory system. <<More>>
Misleading Advertising
International Law Office, January 14, 2010
A recent decision of the British Columbia Supreme
Court illustrates the powerful recourses available
under the sections of the Canadian Competition Act
that prohibit false and misleading advertising. <<More>>
No Individual Breakdown of Banks' Loans
International Law Office, December 11, 2009
New regulations have been made to remove the
requirement for banking companies and the holding
companies of credit institutions in the UK to
disclose details of individual loans to directors
in their accounts. <<More>>
Legislative Decree Establishes Framework
International Law Office, December 04, 2009
Based on the legislative authorisation, the
Council of Ministers approved a legislative decree
to implement a legal framework for operation of
payment institutions and supply of payment
services, transposing the EU Payment Services
Directive into Portuguese law. <<More>>
National Broadband Plan
International Law Office, December 02, 2009
Among the items on the Brazilian government's
agenda is the adoption of the national broadband
plan. The plan aims to expand Brazil's internet
access via broadband connections. Broadband
penetration in Brazil is still very weak,
particularly in those places that are situated far
away from the main centres. <<More>>
Higher Regulatory Burden
Google News Alert, January 18, 2010
London's status as a world financial centre is at
risk due to a combination of rising regulation and
global economic shifts, according to senior
executives polled by Britain's biggest business
lobby. <<More>>
Aid to Strengthening Governance
Google News Alert, January 18, 2010
Tanzania is to benefit from the funds pledged by
the African Regional Technical Assistance Centres
(AFRITACs) initiative development partners for
strengthening financial governance and building of
effective institutions in countries where AFRITACs
operates. <<More>>
Parameters of Regulating
Google News Alert, January 16, 2010
Ghana is no exception if environmental and health
regulations are said to be weaker and
unenforceable in developing countries considering
the bleak experiences in the mining industry. <<More>>
Higher Education Reforms
Google News Alert, January 16, 2010
The proposed reforms are the most significant to
New York State's system of public higher education
in a generation and will help State University of
New York achieve a model of excellence that will
better prepare students for new economy jobs that
will drive New York's future prosperity.
Tax Regime is Burdensome
The East African, January 03, 2010
Tax experts want Kenya to adopt “smart regulation”
techniques that will simplify tax administration
and encourage compliance. Kenya is on the right
path to reforming the sector but it still needs to
improve. <<More>>
Rationing Electricity
Google News, January 03, 2010
Oil-rich Venezuela ushered in 2010 with new
measures rationing electricity use in malls,
businesses and billboards, as Hugo Chavez's
government aimed to save power amid a crippling
drought. <<More>>
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