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America
Biden safety review board will review major cyber-incidents
Move spurred by cyber-attacks targeting federal agencies and contractors, and the recent assault on a major U.S. pipeline company
Europe
EU Commission considers new rules for the financial sector
Operational resilience rules intended to keep up with growth of blockchain technologies in the fintech industry
Middle East
Abu Dhabi releases ‘green list’ of 100% foreign ownership activities
New Companies Law allows 100% foreign ownership of certain UAE companies, with exceptions for ‘strategic impact’
Asia
Ruling dampens indemnity recoveries on lost arbitral challenges
Singapore Court of Appeal says indemnity method is not a given; ruling at odds with Hong Kong practice on indemnity costs
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