By Adv. Meir Fuchs, Partner in Gideon Koren & Co. Law Firm (Aliant+ Member in Israel). In 1999 Israel passed the current Companies Law, which is in large part based on the Corporation Law of the State of Delaware. Both the mechanics of setting up a corporation as well the governance of same, in […]
Attention all tech companies using ChatGPT ! The recent case involving ChatGPT, a platform developed and managed by US company OpenAI, is a lesson to be learned.Ensure you are compliant with GDPR requirements, especially when collecting and processing personal data of users, including minors. Garante has accused ChatGPT of illegal collection of personal data and […]
Update on ChatGPT in Italy Other countries have followed the Italian example. Investigations and inquiries into the privacy of ChatGPT, the artificial intelligence developed by OpenAI, are spreading rapidly. Following the Italian Data Protection Authority’s findings that led to the blockage of Chat GPT in Italy, other countries have begun to investigate this software. […]
Following the failure of the Valley Bank and rumors relating to a few other banks, many clients have contacted us for advice on keeping their bank balances safe. While we believe that the U.S. banking system is safe and sound, our clients’ peace of mind is important, and the following is our advice. In one […]
Explore key insights from the recent webinar on HMRC Due Diligence and Supply Chain with expert legal analysis. Hosted by experienced lawyers, this webinar delves into crucial topics such as HMRC investigations, due diligence practices, and considerations for umbrella companies. Topics Covered: HMRC due diligence Supply chain considerations Umbrella companies acquisition accounting Mini umbrellas Why […]
Navigating the Complexities of Account freezes Under Tightened Anti-Money Laundering Laws In recent times, heightened scrutiny of anti-money laundering legislation and internal bank compliance measures has led to an increased incidence of legal disputes between bank customers and their financial institutions, particularly concerning account freezes. The Causes and Legal Grounds for Account Freezes […]