NAMESIT

1. Regulatory Updates 1.1. India 1.1.1. RBI Transition to electronic insurance, IRDAI mandates digital policies from April 01, 2024 Starting April 01, 2024, it’s mandatory for insurance policies to be held in electronic form, similar to how shares are held in a demat account. The Insurance Regulatory and Development Authority of India (“IRDAI”) issued regulations…

To print this article, all you need is to be registered or login on Mondaq.com. The Court of Civil Appeal (CCA) delivered an interesting judgment on the adequacy of affidavit evidence when making a bankruptcy order. The CCA, acting solely on the basis of affidavit evidence, upheld an order of the Bankruptcy…

To print this article, all you need is to be registered or login on Mondaq.com. On 29 February 2024, the Central Bank of Ireland (the “Central Bank“) published a new Regulatory & Supervisory Outlook Report outlining the key trends and risks which the Central Bank has identified as moulding the financial sector…

Last week, the Arizona Supreme Court upheld an 1864 law that bans abortions and criminally punishes doctors who provide them. The decision is currently on hold but will likely take effect soon. This will have devastating consequences for women in Arizona, who will be barred from accessing abortion from the moment of conception, including in…

To print this article, all you need is to be registered or login on Mondaq.com. By way of background, the employment pass is generally for foreign professionals, managers and executives who meet the minimum employment pass qualifying salary and pass the points-based Complementarity Assessment Framework (“COMPASS”) (unless exempted). Please note that in addition…

Given the high-stress nature of the legal profession the connection between stress and problematic substance use cannot be underscored enough. The stress levels of lawyers do not show any signs of abating, with technology and our expectation of constant availability only accelerating the pace of an already demanding profession. — Patrick Krill, attorney, addiction counselor,…

16 April 2024 Thompson Burton To print this article, all you need is to be registered or login on Mondaq.com. On March 11, 2024, the Department of Labor’s (“DOL”) final rule (“Final Rule”) took effect, which rescinded the 2021 Independent Contractor Rule (the “Prior Rule”) under the Fair Labor Standards Act (“FLSA”). The…

Hey, do you plan on protesting some general injustice and happen to live in Texas, Louisiana or Mississippi? Unless you have some serious insurance, I’d heavily encourage you to give it a second thought — the shield that is the First Amendment just got a major dent in it. Reuters has coverage: The U.S. Supreme…

On 24 May 2023, the European Commission (Commission) published its Retail Investment Strategy (RIS), a legislative package intended to empower retail investors to take more informed investment decisions that would better correspond to their investment needs and objectives. The RIS was published in response to concerns that, in the EU, the level of retail participation…