The Ministry of Finance (MOF) recently issued its 3 notifications effective from 27th November 2020 to expand the definitions of the digital asset business, the digital asset business operators, and the criteria for the approval of the digital asset business license. 1. MOF Notification on Prescribing Other Businesses Related to Digital Assets as Additional Digital… Read More
The Ministry of Public Health issued its Notification Re: Specification of Type 5 Narcotics B.E. 2563 (2020) (“Notification”) on 8th December 2020 to exclude certain parts of cannabis and hemp from the Type 5 Narcotics under the Narcotics Act B.E. 2522 (1979) as amended (“NA”). The Notification was published in the Government Gazette on 14th… Read More
On 20th October 2020, the Directorate of Investment and Company Administration (“DICA”) issued its Notification No. 92/2020 to rule that the stay period of resident directors of companies registered under the Myanmar Companies Law (“MCL”) will not include the Covid-19 lockdown period. Pursuant to Section 4 Sub-section (a) (v) of the MCL, a company must… Read More
On 14th October 2020, the Directorate of Investment and Company Administration (“DICA”) issued its Notification No. 90/2020 to specify the qualifications of independent directors (“ID”) of listed and non-listed public limited companies (“PLC”) registered under the Myanmar Companies Law for good corporate governance. According to this Notification, the major qualifications of the ID are: • … Read More
1. Trademark System Prior to Effective Date of TML2019 A trademark can be registered with the Office for Registration of Deeds by registering a Declaration of Trademark Ownership (“DTO”) under the Registration of Deeds Law 2018. One DTO can cover one trademark for one or several classes of goods or services. There is neither examination… Read More
1. Overview In response to the COVID-19 pandemic, Thailand has imposed lockdown and social distancing measures nationwide. Staying home and working from home have been encouraged and supported by the Government and governors of provinces. In terms of legislative measures, the Thai Government has passed and implemented several laws and regulations to impose preventive sanctions… Read More