In brief To address the challenges arising from an aging population, the Middle-aged and Senior-aged Employment Promotion Act (the Act) was promulgated in December 2019 but only came into force on 04 December 2020 due to the impact of the COVID-19 pandemic. The purpose of the Act is to increase…
In brief Indonesia’s state-owned power utility, PT PLN (Persero) (PLN), recently issued two invitations for renewable developers who…
Last week the US Department of Labor (“DOL”) published a notice requesting information and comments on the following…
In brief On 14 December 2020, the government published a new set of guidance for employers on their gender pay gap reporting requirements. The 2019/2020 reporting period was suspended last year due to the COVID-19 outbreak. However, the 2020/2021 reporting period (which is based on data at the snapshot date…
In brief On 24 November, Glass Lewis published its 2021 Proxy Voting Guidelines for the United Kingdom (UK).…
In brief #MeToo, Black Lives Matter and other issues have raised inclusion to the top of the corporate…
In brief A tech-entwined world necessarily puts focus on technology companies and the opportunities that arise with them. TMT Talk, the Global TMT industry podcast, will help you navigate and prioritize via insights from top legal advisers in strategic technology markets. We’ll go into the issues, how they affect businesses,…
Over the past two weeks, the Office of Foreign Assets Control (“OFAC”) published a series of FAQs related to Executive…
Baker McKenzie’s Energy and Environmental Groups held a webinar to examine what is in store for the energy…
On 29 November 2020, Swiss voters opted for the introduction of EU-style ESG reporting and due diligence requirements and against the so-called Responsible Business Initiative. While the initiative would have added teeth to the civil liability regime for the violation of international human rights and environmental standards across the supply chain, the substantive requirements regarding ESG reporting and due diligence across the extended enterprise are not any lighter under the chosen approach. We expect that affected companies will have to apply the new requirements in financial year 2023.