Despite geopolitical shifts, uncertainty and various factors that seem to affect numerous sectors, the global luxury and fashion industry has tripled in the last 20 years to approximately $300 billion and continues to grow rapidly. But with that broadening and diversification comes a whole new set of business challenges to…
The Justice for Victims of Corrupt Foreign Officials Act has entered into force. The Act gives Canada the ability to impose unilateral sanctions against “foreign nationals” who are involved in corruption or gross violations of human rights.
The key changes concern increased penalties for employers who fail to comply with requirements regarding employment and treatment of minors.
The Trade Facilitation and Trade Enforcement Act of 2015 effectively eliminating a longstanding loophole in the United States’ general prohibition against the importation of goods made with forced labor. As a result, U.S. companies have witnessed a resurgence of U.S. Customs and Border Protection detentions/seizures.
On 29 October 2015, the UK Government published its guidance on the transparency in supply chains provision in section 54 of the Modern Slavery Act 2015: “Transparency in Supply Chains etc. A practical guide for organisations”.
With the 23 December 2014 passing of the Federal Law “On Changes to the Federal Law ‘On Wastes…
A number of changes have been implemented recently, giving environmental regulators and courts more enforcement options and increasing the amounts of penalties for certain environmental offences. The penalties payable in NSW under penalty notices for more serious environmental offences have been significantly increased, making them the highest penalty notice fines in…
Disclosure of environmental, human rights and social risks is moving from its home between the glossy pages of voluntary reports into the hard-nosed realm of mandatory legal requirements, as evidenced by recent developments in the European Union and India.
The European Parliament propelled legislative steps in order to change Council Directives 78/660/EEC and 83/349/EEC as regards disclosure…