Archive: August 2025

The global money laundering and terrorist financing watchdog and intergovernmental body FATF published new requirements for cross-border payments and virtual asset transfers.

Grand Civil Chamber of the Court of Appeal decides that in cases in which the Turkish courts lack international jurisdiction, the objecting party is not required to identify a competent foreign court.

The Swiss Federal Supreme Court has held that a criminal conviction arising from the same factual circumstances as those underlying an arbitral proceeding does not, in and of itself, justify the setting aside an arbitral award as a result of its review.

The Board assessed that no-poaching arrangements are clearly incompatible with competition law in terms of their restrictive effects and objectives.

Civil Chamber of the Court of Appeal decides it is advisable that parties exercise caution and due diligence in incorporating clear arbitration agreements into their contractual arrangements, rather than making a reference to either side’s general terms and conditions.