Archive for the Newsletters Category

Cuba: First international offshore bidding round 2019

Cuba: First international offshore bidding round 2019

Amid the turbulences over the full enforcement of the Helms-Burton Act triggered by the US Government, Cuba is going ahead with its first Licensing Round for Offshore Blocks in the Cuban Economic Exclusive Zone of Gulf of Mexico as planned and adjusted to schedule. Up to now, many companies

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Foreign investment law of the United Arab Emirates

Foreign investment law of the United Arab Emirates

100% Foreign Ownership For 13 Sectors in the UAE Following the enactment of the UAE Federal Law No. 19 of 2018 on Foreign Direct Investment (“FDI LAW”), the UAE Cabinet has announced the positive list of activities covered by and benefiting from Article 7-3 of the FDI

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Sanctions: list of sanctioned countries 2019

Sanctions: list of sanctioned countries 2019
Doing business outside Spain is always complicated for a company, but the difficulty increases when it comes to countries with international sanctions. The exportation of goods restricted by the European Union to one of these territories may amount to a crime of smuggling, entailing prison sentences ofRead more

Mining in Iran and sanctions

Mining in Iran and sanctions

MINING SECTOR IN IRAN AFTER MAY 8TH 2019 In terms of geology, Iran is a land of promise. Well known for its oil and gas resources, the country is also among the largest reserve holders of many metal and industrial minerals, possesses diverse and abundant mines and

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Title III of the Helms Burton Act: How to protect yourself

Title III of the Helms Burton Act: How to protect yourself

What does Title III establish? Title III of the Helms-Burton Act allows former US persons who were affected by the nationalizations of the Cuban Revolutionary Government, to claim compensation for damages against those who “traffic” with property and assets confiscated as of January 1, 1959. The concept

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Countries at risk of money laundering

Countries at risk of money laundering

New List of Risk Countries Identified by The European Commission On 13th February, 2019, the European Commission, complying with the obligations established in the fourth and fifth anti-money laundering directives, published a new update of the countries that in this matter should be considered high risk. As

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Guide to new labour measures

Legislative novelties in social-labor matters In the last few days of March, new regulations on social and labor issues have been published. We will summarize in a brief practical explanation the main novelties that have arisen, both the publication of Royal Decree-Law 6/2019, of March 1, of

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