The European Council has designated 40 individuals under its Belarus sanctions regime, amending Council Regulation (EC) 765/2006. In the UK, the Office of Financial Sanctions Implementation (OFSI) has accordingly updated the consolidated list. 5 of these individuals were already sanctioned under the UK’s Global Human Rights regime and are now subject to an…
An employment tribunal has held that the protected characteristic of “gender reassignment” under the Equality Act 2010 extends to employees who are gender fluid/non-binary employees. However, whilst this is a novel point of law, as a tribunal-level decision, it is not binding on other tribunals.
This series of ESG-focused thought leadership webinars will share insights and practical guidance for businesses considering what ESG…
As companies increase their environmental, social, governance (ESG) reporting and statements in response to market and shareholder demands, plaintiffs have pursued with growing success legal challenges to company claims and disclosures related to ESG performance. Similarly, inventive theories are being put forward to directly attack companies for alleged ESG-related performance…
On September 30, 2020, US Customs and Border Protection (CBP) issued a press release announcing that effective September…
On 29 September 2020, the Office of Financial Sanctions Implementation announced that 8 Belarusian officials, including Alexander Lukashenko,…
In 2017, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) introduced a requirement for certain entities to implement sustainable finance, by issuing Rule No. 51/POJK.03/2017 on Implementation of Financial Sustainability for Financial Services Providers, Issuers and Public Companies (“OJK Rule 51”).
In brief The Supreme Court of Victoria has found liquidators can be made personally liable for clean-up costs…
In 2017, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) introduced a requirement for certain entities to implement sustainable finance, by issuing Rule No. 51/POJK.03/2017 on Implementation of Financial Sustainability for Financial Services Providers, Issuers and Public Companies (“OJK Rule 51”).
Many companies conduct audits of suppliers for compliance with applicable laws, including laws regulating forced labor, trafficking, underage labor, worker safety, and related human rights matters. But what are the key legal considerations in conducting supplier compliance audits, and what is the best practice for doing so?