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During the current pandemic crisis many companies within the Financial Services Industry (FSI) are struggling to balance the various countries’ COVID-19 relief measures with the very strict EU regulatory requirements that govern remuneration within the sector. An important question in this respect is whether application for COVID-19 relief implies that…

To face the extraordinary emergency situation caused by the COVID-19 pandemic, the head of the Civil Protection Department issued Ordinances No. 630 of 3 February 2020 and No. 639 of 25 February 2020, introducing a discipline that overall derogates from the ordinary procurement discipline pursuant to the Italian Public Procurement Code (Leg. Decree No. 50/2016).

Subsequently, Law Decree No. 18/2020 of 23 March 2020 (“Cura Italia Decree”), converted into Law No. 27/2020 of 24 April 2020, setting out measures to strengthen the National Health Service and provide economic support for households, workers and firms in connection with the COVID-19 emergency, has introduced further extraordinary measures in the area of public procurement.

In brief Employers in South Africa resuming business operations under Level four of the government mandated lock-down should take heed of the Department of Health Guidelines for symptom monitoring and management of essential workers for COVID-19 related infections. These Guidelines are echoed in the COVID-19 Occupational Health and Safety Measures in…

In addition to the human tragedy, COVID-19 challenges the financial sector’s operating and business models and engages a wide range of law and regulation. As organizations strive to maintain business continuity and protect their workforce, they will face competing legal and regulatory pressures, particularly those operating on a cross-border basis,…

On 28 April 2020, the Prime Minister gave an outline of the plan to gradually relax the lockdown from 11 May onwards. On 3 May 2020, the Ministry of Labour published a National Deconfinement Plan for companies to ensure the health and safety of employees, link here. Companies which have not already done so must take steps to adapt working conditions to these new recommendations.

Across the globe, governments are taking steps to gradually reduce lockdown measures and re-open their economies, while keeping a close eye on the spread of the virus. A careful balance needs to be struck between protecting lives and breathing life back into the economy. Mandatory community quarantine, curfews, shelter-in-place orders,…