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European Union: New Rules for Money Market Funds

(Aug. 31, 2018) On July 21, 2018, new rules to make money market funds (MMFs) more resilient against financial market difficulties, reduce the risk of runs, and limit cross-border contagion began applying to newly issued MMFs in the European Union (EU). Existing MMFs must show compliance by January 21, 2019. MMFs are mutual funds that […]

India: Possible Amendment of IT Law to Address Cybercrimes Against Women

(Aug. 21, 2014) It was reported on August 15, 2014, that the Indian government has taken preliminary steps to introduce amendments to India’s information technology law that would specifically treat cybercrimes against women. The move comes in the wake of reports of men recording rapes of women and girls with their smartphones and using the […]