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02 April 2020

COVID-19: People: Handling COVID-19 related health information (Australia)

The COVID-19 pandemic has led to information gathering and sharing that has, up until now, not been contemplated by many Australian organisations. Businesses are dedicating resources to implement essential measures aimed at responding to COVID-19 and protecting the health of their personnel and...
02 April 2020

COVID-19: Governance: SFC extends deadline for data storage compliance (Hong Kong)

The Hong Kong Securities and Futures Commission ( SFC ) has extended its deadline for licensed corporations to confirm compliance with its new data storage regulations, due to the COVID-19 outbreak.
02 April 2020

COVID-19: People: ADGM issues new COVID-19 circular regarding employees - 5 key points (Abu Dhabi)

The Abu Dhabi Global Market (“ ADGM ”) is an economic freezone located in Abu Dhabi, with its own set of civil laws based on the law of England & Wales. The ADGM’s Registration Authority (“ RA ”) issued Registration Authority Circular No. 14 of 2020 on 29 March 2020 (“ Circular ”), its most...
02 April 2020

COVID-19: PRESSURE POINTS: Right vs obligation to file for insolvency (Spain)

In Spain individuals and entities have an obligation to file for insolvency if they are unable to regularly meet their obligations within two months of the position of insolvency coming to light. Breach of that obligation could lead to civil (and even criminal) liability.
02 April 2020

COVID-19: Governance: OJK introduces credit stimulus to mitigate pandemic impact (Indonesia)

Indonesia’s Financial Services Authority ( OJK ) has issued credit stimulus policies for Indonesian banks, relaxing credit scoring requirements and providing special treatment for loan restructuring.
02 April 2020

COVID-19: Pressure Points: US Securities Disclosure Implications for Foreign Private Issuers (United States)

Many companies are facing operational and other challenges as a result of COVID-19 and satisfying securities disclosure and financial reporting obligations is certainly one of them. In this memo we describe how US securities law disclosures are likely to evolve in the coming weeks and months in...
02 April 2020

Alumni End of Summer Soirée, Sydney

Herbert Smith Freehills invites our Alumni back home this year, for a reunion to experience an End of Summer Soir ée. Join us for a colourful affair where guests can relax, and catch up with old friends. You'll enjoy a feast of summer delights with a Gelato Messina pop-up, sample Prosecco and...
02 April 2020

3rd Annual GAR Live Construction Disputes

Herbert Smith Freehills is delighted to be a conference supporter.
02 April 2020

COVID-19: The Government's response (Germany)

02 April 2020

COVID-19: People: JobKeeper Payments to subsidise wages (Australia)

Eligible employers will be entitled to a wage subsidy of $1,500 per fortnight for employees covered by the JobKeeper Payment scheme.
02 April 2020

Covid-19: Pressure Points: Listed Closed-Ended Investment Funds (UK) - updated 2 April 2020

The spread of COVID-19 has unsettled financial markets over the last few weeks. Against this backdrop, it is also important to recognise the differing impact of the pandemic on different sectors and market players.
01 April 2020

COVID-19: Pressure Points: State of health emergency: what are the impacts on credit agreements? (France)

A review of the questions raised by Ordinance No. 2020-306 of 25 March 2020, relating to the prorogation of elapsed period during the health emergency period and the adaptation of procedures during the same period, published in the Journal Officiel of 26 March 2020 (hereinafter the “Ordinance”)
01 April 2020

Navigating COVID-19 Podcast Series

The COVID-19 pandemic is creating significant health, social and economic challenges world-wide, forcing governments and businesses to critically assess the impact to their people, operations and governance. We understand that navigating the pace of change, whilst also dealing with immediate issues...
01 April 2020

COVID-19: People: Data comes to the fore as outbreak continues (UK)

The COVID-19 outbreak is proving an interesting time to be a data protection practitioner. There seems to be a new article each day about the next exciting app which promises to use data to help manage the crisis. This post focuses on two particular propositions that pose interesting data...
01 April 2020

COVID-19: PRESSURE POINTS: Additional modifications to the rules governing foreign investments in Spain as a result of the crisis caused by the COVID-19 outbreak (Spain)

In a previous newsletter (see here ) we analysed the new rules for screening foreign direct investments in Spain established by Royal Decree-law 8/2020, of 17 March, on extraordinary measures to tackle the economic and social impact of COVID-19 (“ RDL 8/2020 ”). The new framework has, in turn, been...