Authored by our members, this blog features updates about legal and business trends, the impact of changes in law and other topics of interest affecting multi-jurisdictional businesses.
On 7 December 2021, the Council of the European Union reached a political agreement supporting the adoption of a directive designed to modernize and harmonize rules for the application of reduced value-added tax (VAT) rates.
In a recently released arbitration award, an arbitrator in Ontario, Canada, held that a mandatory- vaccination policy that included the right of an employer to automatically terminate noncompliant employees was unreasonable and violated specific provisions of the relevant collective bargaining agreement.
Effective January 1, 2022, and with the addition of sectors in which foreign investments are subject to prior authorization by the Minister of the Economy, France has taken another step in its ongoing expansion of foreign investment control.
The NLRB is hoping that the fourth time is the charm when it comes to designing an enduring standard for determining an appropriate bargaining unit.
In less than a month, on 1 January 2022, the London Interbank Offered Rate (LIBOR) will be replaced by risk-free reference rates (RFRs).
The Corporate Transparency Act (CTA) was enacted by the US Congress on January 1, 2021, as part of the National Defense Authorization Act.
On November 22, 2021, the Wage and Hour Division of the US Department of Labor (DOL) published its final rule implementing Executive Order 14026, “Increasing the Minimum Wage for Federal Contractors.” The final rule adopts the terms of both the executive order and the proposed rule, and increases the hourly minimum wage for certain federal contractors performing work on or in connection with covered federal contracts to $15 per hour, beginning January 30, 2022.
The lockdowns and restrictions due to the emergence of the COVID-19 pandemic in early 2020 highlighted the rigidness of Australia’s Corporations Act 2001 (Cth) (the Act) in relation to carrying on a company.
Effective 1 November 2021, officers, directors and alternate directors of Australian companies, registered Australian bodies, registered foreign companies under the Corporations Act 2001, and Aboriginal and Torres Strait Islander corporations registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act) must verify their identity on the new Director Identification Number (DIN) platform.
With the global market for non-fungible tokens (NFTs) now generating billions of US dollars, these new forms of digital asset have gone mainstream and, particularly, mark a fresh development in the way artists can promote and sell their works.
Polish Development Fund Ventures (PFR Ventures) is a development finance institution dedicated to fund investments in Poland.