Vietnam Legal Update: Proposed Solar Feed-In-Tariffs

Reading Time: 3 minutesOn 3 May 2019 the Ministry of Industry and Trade of Vietnam (the “MOIT”) submitted to the Prime Minister a draft decision intended to replace Decision No. 11/2017/QD-TTg of the Prime Minister on mechanisms for the encouragement of development of solar power, dated 11 April 2017 (“Decision 11”). In response to this submission, the Prime […]

HONG KONG: The SFC’s most severe disciplinary actions taken against sponsors

Reading Time: 7 minutesIntroduction On 14 March 2019, the Securities and Futures Commission (“SFC”) reprimanded and fined UBS AG and UBS Securities Hong Kong Limited (collectively, “UBS”), Merrill Lynch Far East Limited (“Merrill Lynch”), Standard Chartered Securities (Hong Kong) Limited (“Standard Chartered Securities”) and Morgan Stanley Asia Limited (“Morgan Stanley”) a sum of HK$375 million, HK$128 million, HK$59.7 […]

Vietnam: “Battle” against plastic carrier bags: Experience from England

Reading Time: 5 minutesIncreasing the environmental protection tax rate in regards to production from VND40,000 up to VND200,000/kilogram of produced plastic carrier bags as drafted by the Ministry of Finance appears to only make an impression on figures. Since the end of the period of 2014-2016, during a training course at a UK university, I have witnessed an […]