Portugal abolishes bearer shares
As of 4 May 2017 it will no longer be possible to issue bearer shares in Portugal. Accordingly, the Government shall issue new regulations addressing the conversion of current bearer…
Angola – New limitations for bank accounts held by non-residents
New regulations published by the National Bank of Angola have updated the rules on bank accounts (in foreign or domestic currency) held in Angola by non-residents for foreign exchange purposes….
New 35-hours regime established for civil servants
The Assembly of the Republic has approved a new law (available here) under which the new 35-hours per week regime is approved. Under this regime civil servants are subject to a…