Search for:
Category

Covid-19

Category

As a result of the extraordinary situation resulting from the spread of COVID-19 in Switzerland, the Executive Board of the Federal Procurement Conference (FPC) has issued recommendations for the public procurement of goods and services and contractual matters during the current COVID-19 crisis. The main goal is to mitigate the impact of the COVID-19 crisis on the Swiss economy from a public procurement perspective.

The recommendations are valid during the exceptional situation as defined in the COVID-19-Ordinance 2 on measures to combat the coronavirus (SR 818.101.24) and for six months after the end of the exceptional situation.

However, owing to federalism, procurement law is not uniform. The recommendations of the FPC are not legally binding and, thus, the cantons may deviate from them.

The government has expanded the tax incentives given to taxpayers that are affected by COVID-19. Some taxpayers that were not entitled to tax incentives under Minister of Finance Regulation No. 23/PMK.03/2020 (“MOF Regulation 23”) may now enjoy those tax incentives under Minister of Finance Regulation No. 44/PMK.03/2020 (“MOF Regulation 44”). The government has also expanded the types of tax for which tax incentives are given. 

MOF Regulation 44, which revokes MOF Regulation 23, came into force on 27 April. 

The Directorate General of Taxation has also issued Circular Letter No. SE29/PJ/2020 on 30 April 2020 as an implementing regulation of MOF Regulation 44.

Whistle-blowers have been a prominent feature of the ongoing COVID-19 crisis. From the medics across the globe who have blown the whistle on supply shortages, misleading information regarding effective treatments and risk measures, whistle-blowers have been a vital source of information during the pandemic. 

Companies have also been challenged with increasing numbers of whistle-blowing reports during this period in areas including fraud, corruption and harassment.  Although there is no comprehensive law in Hong Kong requiring companies to implement a whistleblowing policy and procedure, it is a best practice component to any compliance program and an essential tool to combat internal misconduct and to ensure compliance with laws and regulations.