Japan Puts Forth Bold Legislation to Attract More Foreign Asset Managers to Upgrade Global Financial Center Status in Post-COVID-19 World | K&L Gates LLP
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Japan s Legislation to Upgrade Global Financial Center Status
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El Peruano - Decreto de Urgencia que establece medidas extraordinarias en materia economica y financiera para la atención de acciones en el marco de la emergencia sanitaria y para minimizar los efectos económicos derivados de la pandemia ocasionada por la COVID-19 - DECRETO DE URGENCIA - N° 035-2021 - PODER EJECUTIVO
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In November last year, China’s Supreme People’s Court and the Hong Kong Government signed the Supplemental Arrangement Concerning the Mutual Enforcement of Arbitral Awards between the Mainland and Hong Kong SAR. The agreement is widely expected to enhance the enforcement process and serve as an expansion of the 2000 Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and the HKSAR.
For law firms in the region, the Supplemental Arrangement has been welcomed as a compelling development, and one that the market has been waiting for. The Supplemental Arrangement serves as a refinement of the existing Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and the HKSAR, while functioning with fewer grey areas, say lawyers.