In this episode Richard Cook and Amy Ling discuss how the inclusion of holiday pay in the government’s proposed single enforcement body remit is expected to put employers under increased scrutiny as they handle arrangements in this sensitive, and often tricky, area to navigate.
US Senate Democrats, with support from the White House, have introduced the Defending Ukraine Sovereignty Act of 2022. This bill seeks to deter a Russian “escalation” of hostilities in or against Ukraine through the threat of imposing sanctions against Russian officials and companies, as well as individuals and entities involved in the Nord Stream 2 pipeline.
On 28 January 2022, the Russian Ministry of Foreign Affairs notified the representative office of the European Union about the expansion of the list of representatives of EU member states and institutions prohibited from entering the territory of the Russian Federation. The names of the banned persons did not become public. No economic sanctions have been imposed against them.
The Australian government has been consulting on potential additional sanctions measures to target Russian individuals and entities if considered by the government as being implicated in aggression towards Ukraine. At this point it is unclear what regulatory path the government would take in imposing any new measures. The government could impose measures using the new US Magnitsky-style thematic sanctions that took effect in December 2021. Alternatively, the government may decide to take the path already well-trodden and add to the existing list of designated parties for Russia, Crimea and Sevastopol.
Following developments on the Russia-Ukraine border, Baker McKenzie invite you to join us for a webinar to help prepare your business for the possible impact of instability in the region. While the international business community very much hopes for a de-escalation of the situation, we are well-positioned in all relevant jurisdictions to help you anticipate and deal with various measures that may potentially be imposed should matters escalate further.
The Office of Financial Sanctions Implementation published an update to the monetary penalties for breaches of financial sanctions guidance on 28 January 2022. The guidance sets out how OFSI will decide when to use its civil enforcement powers to impose monetary penalties for breaches of financial sanctions, and how such penalties will be calculated.
The UK Government announced, on 31 January 2022, a planned expansion of the UK’s sanctions regime against Russia in relation to developments concerning Ukraine. Limited detail has been published, so far, on the scope of the proposed changes. The new sanctions will be introduced as part of new legislation due to be implemented by 10 February 2022.
This post in the Baker McKenzie Import and Trade Remedies Blog outlines recent customs developments in Turkey. The developments include: the amendment to the Customs Regulations on 30 December 2021, the ratification of the Decision of the EU-Common Transit Countries (CTC) Joint Committee amending the Convention on the Common Transit Procedure, the amendment of the Turkish Import Regime Decision and the Decision Regarding the Application of Additional Customs Duty on Imports, amendment to the Decision Regarding the Application of Additional Customs Duty on Imports, and new communiqués published for 2022.
This 30-minute webinar hosted by Baker McKenzie cyber experts Paul Glass in London and Cyrus Vance in New York, on Tuesday 22 February 2022, will discuss the cyber-related risks to businesses from this ever evolving situation related to Russia-Ukraine, and how they can prepare today to mitigate risks.
In Germany, the digitalization of the healthcare market is a hot topic. “Digital health” is prominently featured in the coalition agreement of the newly elected German federal government. At the same time, there is still skepticism within the medical community on whether quality standards might fall victim to these rapid developments. Now, the German Federal Civil Court has addressed some of those concerns. In its December 2021 ruling (I ZR 146/20), the court has ruled that advertisement for comprehensive tele-treatment of patients (Fernbehandlung) violates applicable law.