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Japan: Act on Specified Commercial Transactions Amended

(Aug. 29, 2016) An amendment to Japan’s Act on Specified Commercial Transactions (No. 57 of June 4, 1976, Japanese Law Translation) was promulgated on June 3, 2016.  (Act No. 60 of 2016, KANPO (June 3, 2016) (in Japanese).)  Most of the amended provisions will become effective within 18 months of the promulgation date.  (Id., Supp. […]

Israel: Mandatory Period for Cancellation of Transactions by Certain Persons

(Aug. 17, 2016) On July 26, 2016, the Knesset (Israel’s parliament) passed the Consumer Protection (Amendment No. 47) Law 5776-2016. (Amendment No. 47, SEFER HAHUKIM [BOOK OF LAWS, the official gazette, SH] 5756 No. 2569, p. 1094, as amended, available online at RESHUMOT (the official gazette), Ministry of Justice website (search for Issue No. 2569, […]

China: Cyberspace Administration Requires Paid Search Results to Be Marked

(July 20, 2016) On June 25, 2016, China’s central Internet content regulator, the Cyberspace Administration of China (CAC), issued a set of rules regulating Internet information search services.  The Administrative Provisions on Internet Information Search Services will take effect on August 1, 2016.  (Hulianwang Xinxi Sousuo Fuwu Guanli Guiding, CAC website (June 25, 2016); translation […]

Israel: Law Protecting Price of New Books Mostly Repealed

(June 7, 2016) On May 30, 2016, the Knesset (Israel’s parliament) passed an amendment to the Law for the Protection of Literature and of Authors in Israel (Temporary Provision), 5773-2013. (Law for the Protection of Literature and of Authors in Israel (Temporary Provision) (Amendment), 5776-2016 (Amendment Law), Knesset website (last visited June 6, 2016) (in Hebrew) […]

Vietnam: Reduction in State Holdings of Businesses Being Considered

(Mar. 22, 2016) Vietnam’s Ministry of Planning and Investment (MPI) is considering issuing a decision that would change the status of some state-owned enterprises (SOEs) and open some industrial sectors to more non-state investment. The decision would divide SOEs into three categories: those that are wholly state-owned, those with at least 65% state holdings, and […]

Indonesia: Regulation to Encourage Investment in Industry

(Jan. 13, 2016) On December 28, 2015, the Government of Indonesia issued a new regulation that is expected to increase investment in developing industrial zones. The new legislation replaces parts of Government Regulation No. 24/2009, on industrial zones. Speaking on January 5, 2016, Imam Haryono, Director General for Industrial Region Development of the Ministry of […]

Vietnam: Heavier Fines for Illegal E-Commerce Activities

(Dec. 14, 2015) A new decree issued by Vietnam’s government on November 19, 2015, amends several articles of a 2013 decree that imposes penalties for administrative violations in connection with commercial activities, the manufacture of and trading in counterfeit or banned goods, and the protection of consumers’ interests.  The new decree punishes various acts that […]

Indonesia: Limits on Foreign Investment in E-Commerce Proposed

(Nov. 27, 2015) According to a November 23, 2015, report, Indonesia’s Ministry of Trade is developing a new, more restrictive policy for foreign ownership of e-commerce businesses in the country. The new rules, designed to favor domestic online companies, would apply to online shopping and service businesses. (Govt Prepares Foreign Ownership Limits in E-Commerce, JAKARTA […]

Indonesia: Economic Deregulation Planned

(Sept. 14, 2015) On September 9, 2015, Indonesia’s President Joko Widodo announced a major economic deregulation policy. According to the President, there are three areas that will be the focus of this policy: increasing the competitiveness of industry, speeding up infrastructure projects, and raising the amount invested in the property sector of the economy. Widodo […]

Russia: Commercial and Private Drones to Be Outlawed in Moscow

(June 25, 2015) On June 10, 2015, the State Duma (legislature) of the Russian Federation passed at the first reading amendments to the country’s Air Code, which, upon their adoption, will establish regulatory requirements for unmanned aircraft systems and unmanned aerial vehicles (UAVs). (Bill No. 752189-6 on Amending the Air Code of the Russian Federation […]