We are pleased to present you with the latest update of Product Risk Radar (linked to https://www.globalcompliancenews.com/product-risk-radar/), our online content hub that covers the latest important legal developments in product regulatory and liability risk. The diverse range of articles helps you navigate the increasingly challenging landscape of the newest legal…
The Government of Malaysia has on 15 April 2024 announced that it will establish an Energy Exchange Malaysia (“ENEGEM”) to facilitate cross-border sales of green electricity to neighboring countries, namely Singapore and Thailand. The ENEGEM platform will implement cross-border energy sales based on the latest Guide for Cross-Border Electricity Sales issued by the Energy Commission of Malaysia.
Across jurisdictions, we see a rising trend towards more active ESG enforcement and litigation. In our The Year Ahead: Global Disputes Forecast 2024, nearly three-quarters (73%) of the respondents said that environmental, social and governance disputes presented as the top risks to their organizations in the coming year.
In this client alert, we provide a high-level overview of the key trends and developments in ESG enforcement and litigation in Singapore in three areas: greenwashing, employment law and anti-money laundering (AML).
Thanks to its proximity to the United States, Mexico has become an attractive investment hub. Mexico’s manufacturing capabilities align well with this trend, positioning the country favorably to seize the opportunity. We hope that this guide will give you an initial perspective into the fundamentals of ramping up operations in Mexico.
On 15 March 2024, Ministerial Resolution No. 000069-2024-PRODUCE was published, approving the Annual Plan for Environmental Assessment and Control (PLANEFA) for the fisheries subsector and the aquaculture subsector of the Ministry of Production for the year 2025. The PLANEFA is a planning instrument through which each Environmental Audit Entity (EFA) schedules the environmental audit actions to be carried out during the corresponding calendar year. This plan is essential to strengthen coordination between the Peruvian Environmental Assessment and Enforcement Authority (OEFA) and the EFAs in the formulation, execution and evaluation of their respective environmental auditing plans.
The Brazilian Institute of the Environment and Renewable Natural Resources (IBAMA) established a new way of calculating the Environmental Control and Inspection Fee (TCFA) and, as of the first quarter of 2024, the economic size to be declared by subsidiaries will be the economic size of the parent company and the subsidiary jointly, considering the annual gross income of the legal entity as a whole for the basis for calculating this fee.
On 13 March 2024, Ministerial Resolution No. 104-2024-MINEM/DM (“Resolution”) was published. It approves the administrative measures that are subject to the prior consultation process in the electricity subsector. This Resolution annuls the regulations contained in Ministerial Resolution No. 209-2015-MEM/DM, only with respect to the electricity subsector.
Contingent workforce and flexible working continue to be a dominant issue in the current employment landscape. The laws in this area are still evolving, as governments adapt to modern workforce models, which companies are increasingly engaging with in order to help “futureproof” their businesses.
Recognizing this issue, our multipractice team of industry specialists have come together to provide resources that guide organizations through essential considerations and risks that come with these flexible working models and less traditional forms of worker engagement.
The rise of conscious consumerism has led to consumers actively seeking out sustainable, environmentally friendly and ethically produced goods. In response to this growing demand, many consumer goods and retail (CG&R) companies have embraced sustainability and green credentials as a marketing tool, but is this greenwashing? Baker McKenzie produced this guide to outline the legal landscape, regulations and key actions CG&R companies can take to mitigate the risks associated with greenwashing claims in Latin America.
On 11 March 2024, the Head of Government published Circular n° 03/2024 concerning the implementation of the Moroccan Offer for the development of the green hydrogen sector (“Circular”). The Circular applies to all investors wishing to develop projects integrating the entire value chain of green hydrogen production, including the components of renewable energy, electrolysis production, storage, transport and logistics, whether these projects are intended for import or export.