Banks and other financial and payment institutions do not need to meet a specific list of European Banking Authority’s (EBA’s) regulatory guidelines relating to the termination of outsourcing agreements unless they are outsourcing “critical and important functions”, the EBA has confirmed.
Brexit and disputes – what you need to do now
UK businesses should consider what action they can take now to avoid being potentially disadvantaged in cross-border commercial disputes following the end of the Brexit transition period.
Employers should ‘focus on the impact of bullying, not perpetrators’ motives’
April Horsman tells HRNews that it is the effect of workplace bullying or harassment that is the central issue when managing allegations.
‘Let’s build a digital Silk Road’: President Xi promises ways for China and Asean neighbours to get closer
Chinese President Xi Jinping has pledged to further deepen cooperation and promote a “digital Silk Road” with Southeast Asia as Beijing moves to cement its influence in Asia Pacific just as the new US administration says it wants to pivot towards the region and resume a leadership role.In a recorded message on Friday, Xi also reassured the Asian leaders that China gives top priority to its relationship with the Association of Southeast Asian Nations (Asean), a 10-member regional bloc, and that…
Indonesia’s Covid-19 vaccination roll-out challenge could hurt path to immunity
In Indonesia, pressure is building for authorities to get coronavirus vaccines to 270 million people living on 17,000 islands in its vast archipelago.The government has orders with at least four vaccine suppliers, including Sinovac Biotech and AstraZeneca. That access ranks Indonesia second in Asia after China, and on par with Japan and India, for securing much-anticipated immunisations, according to data compiled by Bloomberg.Few countries are relying more fervently on Covid-19 vaccines to…
Building Safety Bill fails to resolve challenges for industry and leaseholders
The House of Commons Housing, Communities and Local Government Committee has “warmly welcomed” the policy intent behind England’s draft Building Safety Bill, but has made some serious criticisms of its content.
South Korean sex ring leader gets 40 years in prison for blackmailing 74 women
A South Korean court on Thursday sentenced the leader of an online sexual blackmail ring to 40 years in prison, the Yonhap news agency reported.Cho Ju-bin, 24, was found guilty of running an online network that blackmailed at least 74 women, including 16 teenagers, into what authorities called “virtual enslavement” by forcing them to send increasingly degrading and sometimes violent sexual imagery of themselves between May 2019 and February 2020.The Seoul Central District Court sentenced Cho…
Anger in Indonesia after trans woman Instagram influencer placed in male jail cell
Activists and the trans community in Indonesia have denounced a decision by law enforcement officials to place a transgender woman in a men’s detention facility, saying their lack of sensitivity highlights the general views about LGBT people in the world’s most populous Muslim-majority nation.The 21-year-old Instagram influencer and model, known as Millen Cyrus, was arrested along with a male friend for alleged drug abuse during a raid on a hotel in Tanjung Priok Port in North Jakarta on Sunday…
France’s foreign investment regime
The original French regulation relating to foreign investment controls (FIC) was implemented by law no 66-1008 dated 28 December 1966.
India’s lavish weddings, sidelined by the coronavirus, are back at the altar
The US$50 billion Indian wedding industry, knocked on its lavish backside during the coronavirus lockdown that started in March, is set to return with a flourish.Known for their opulence, with guest lists running into the thousands for elaborate banquets and ostentatious displays of wealth, most Indian weddings were either postponed or whittled down to small, intimate affairs during the coronavirus lockdown, sometimes turned into online proceedings held over Zoom or otherwise streamed online…