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No oral modification or variation clauses
The Supreme Court in England recently reversed our understanding of the effectiveness of “no oral modification or variation” clauses (“NOM clauses”). Until the case of Rock Advertising Limited v MWB Business Exchange Centres Limited [2018] UKSC 24, it had always been assumed that NOM clauses were of limited effect, but that is no longer the case.
Blockchains and the free trade agreement
The combination of cryptocurrencies and the freedom of trade offered by the African Continental Free Trade Area Agreement (AfCFTA) offers enormous potential for growth in the logistics industry in Africa, but will require strong political will and competent assistance with technology and regulatory support.
UK Infrastructure Finance Review
Earlier this year, the UK government announced an Infrastructure Finance Review consultation process designed to seek input from the private sector on the sources and structure of infrastructure finance and how best to future proof the sector.
Embedded Networks: Significant regulatory changes occurring
The Australian Energy Market Commission released its Final Report into Updating the Regulatory Frameworks for Embedded Networks.
China issues new draft law on cryptography for public comment
On July 5, 2019, the People’s Republic of China Cryptography Law (Draft) (the Cryptography Law) was issued by the Standing Committee of the National People’s Congress, along with an invitation for submissions to be made as part of a public consultation.
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