The measures also clarify the responsibilities of trust companies, including during a change in equity, on equity-related affairs and also in managing shareholders’ behaviour.
These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals.
The goal is to ensure that households and businesses are able to keep their heads above water until the health crisis can be contained, so that the economy is ready to rebound once the worst of the pandemic has passed.
Under the DEA, both Singapore and Australia commit to prohibiting requirements for data localisation, which they say are an unnecessary barrier to trade and can drive up the cost of storing data for all businesses.
Sunak introduce a 2 percent tax on incomes from tech giants operating in Britain, especially those in search, social networks as well as shopping
One remarkable finding in the report is that, despite a spate of new data privacy laws, they resulted in almost no fines.