Shelter-in-place or stay-at-home orders have been prevalent throughout the United States since March 2020 as state and local governments have sought to protect their citizens from the spread of the COVID-19 virus while at the same time reopen their economies in accordance with phased reopening plans. Keeping abreast of the evolving nature of these orders and plans as the spread of the virus continues to evolve is critical to the functioning of all businesses throughout the country.
With Decree no. 27/2021 (“Decree”), the Executive Power regulates Law no. 27,555 regarding the remote-work regime.
Under Law No. 11 of 2020 on Job Creation (Omnibus Law), which came into force on 2 November 2020, the government is mandated to promptly issue implementing regulations of the Omnibus Law. To have Indonesia’s sovereign wealth fund (Lembaga Pengelola Investasi or LPI) up and running, the government has issued two government regulations on LPI. The first one1 is on state participation in LPI’s capital, and the other one regulates governance and operational matters of LPI.2
With the required government regulations already in place, LPI, which may also use the name “Indonesia Investment Authority” or INA, is expected to commence its activities within Q1 2021.
To see our previous client alert on LPI, please click here.
As businesses and governments around the world prepare for a new US presidency, Baker McKenzie practitioners are taking a close look at the shifting legal and policy landscape. There are still many unknowns, and following the January 6 attack on the United States Capitol and the second impeachment of Donald…
In brief On January 1, 2021, the Budget Law for the year 2021 and the period 2021-2023 came…
In brief Due to amendments to the Maternity Protection Act and the COVID-19 Measures Act passed at the…
In brief There is no question that the pandemic has changed the future of work. From an increased focus on health and safety to transitioning to permanent (or indefinite) remote work, or preparing for business transformation, companies are facing critical business challenges in regard to their most important asset —…
Digital transformation is not only about technology, it is about bringing together the power of technology with a…
The EU-UK Trade and Cooperation Agreement (“Agreement”) contains a framework agreement for the future treatment of workers through a Protocol on Social Security (“Protocol”). The Protocol puts in place measures to ensure that social security benefits are coordinated and to protect individuals (and their employers) against double social security contributions.
The Agreement for the United Kingdom to Withdraw from the European Union established a transitional period from the time the agreement entered into force until 31 December 2020, during which time European Union (EU) law continued to be applicable. Upon the termination of the transitional period, the United Kingdom is no longer treated as an EU member state and it is therefore considered a third-party country.
In this regard, by passing Royal Decree-Law 38/2020 (RDL 38/2020) of 29 December, Spain’s government has established measures to adapt the Spanish legal system to some of the consequences of the United Kingdom’s withdrawal from the EU and to provide clarity. This alert addresses the measures that are related to labor and immigration matters.