Preventive and repressive measures against money laundering and terrorist funding entered in force last September, 17 by means of Law no. 83/2017, of August 18. Some of the measures within a pack of prevention and repression were forecast for regulation.
While no piece of legislation will ever provide absolute protection and no-one can earnestly guarantee whistle-blowers that their lives will not be affected in some way once they point out wrongdoing, workplace whistle-blowers can rely on the protection afforded by the South African Protected Disclosures Act provided that they made a protected disclosure.
As companies consider their strategies for life in a post-Brexit world, our study reveals the projected impact of hard Brexit in four sectors that are key to UK manufacturing and our clients: the automotive, consumer, healthcare and technology industries.
The FCA has announced that there has been a 75% increase in the number of enforcement cases over the last year. At the same time, in an effort to disarm concerns about the enforcement of the new Senior Mangers Regime, the FCA has said that it wants to move away from a fear based culture of regulation.
The EU has proposed a new EU framework for screening foreign investment that raises security or public order concerns for the EU or its Member States.
In addition to the establishment of the Beneficial Ownership Central Register, the Law requires legal entities to maintain an updated record of the shareholders and persons controlling the company.
Although firms will not be expected to have completed all aspects of implementation by 30 September, firms must move quickly to complete initial steps including risk assessments and implementation plans.
After seven years the Portuguese Data Protection Authority has now revised a decision on the maximum period of retention of the personal data resulting from call recordings.
On August 23, 2017, a new law regulating the use of cash as mean of payment came into force in Portugal and significantly lowered the amount of cash payments.
The German Federal Court of Justice ruled that a compliance management system can reduce a fine. What are the prerequisites?