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Our annual report, The Year Ahead: Global Disputes Forecast 2022, addresses key trends in the disputes landscape around the globe, and we invite you to join us for a webinar series focused on key issues identified in the report including litigation preparedness, ESG, digital transformation and healthcare and life sciences.

On 11 January 2022, the UK government published a consultation on the implementation of the Pillar Two regime into UK domestic law. This follows the publication of the GloBE Model Rules by the OECD on 20 December 2021. The consultation is open until 4 April 2022, with the expectation that draft legislation will be published during the summer. The consultation indicates that an Income Inclusion Rule (IIR) would take effect in UK law from 1 April 2023, with the Undertaxed Profit Rule (UTPR) following on 1 April 2024.

As we step into another year and review the landscape ahead, we have rounded up our most recent updates and resources from across the globe to help employers prepare for 2022. The pandemic continues to shape workplace policies and practices, with an increasing move towards Mandatory Vaccination for workers, continued hybrid and remote working arrangements, ongoing changes to travel restrictions and more. Meanwhile, legal frameworks are evolving as governments step up their inclusion and diversity agendas, with Pay Transparency gaining traction in the US, a proposed Pay Transparency Directive on the horizon in Europe and the Work-Life Balance Directive due to be implemented this year.

A flaw in a widely used software threatens system security and makes companies vulnerable to cyber threats. The Apache Software Foundation released an advisory that Apache Log4j versions up to and including 2.14.1 have a defect that may allow threat actors to execute arbitrary code and deploy viruses including ransomware on that IT infrastructure. Entities that directly or indirectly leverage this software should act with haste to mitigate the risk of a data incident. These events present companies an opportunity to examine internal incident response preparedness and review the allocation of responsibilities in vendor agreements.

Join us for our 19th Annual Global Trade and Supply Chain Webinar Series entitled, “International Trade Developments in a Challenging New World,” which includes the latest international trade developments. This year, in a variety of sessions, our panels of experts will cover the key developments and latest trends on sanctions, export controls and Foreign Investment Review regimes. On the inbound side, there will be sessions on opportunities and compliance challenges arising out of FTAs, hot topics on Customs valuation, trends in customs audits and supply chain compliance challenges and logistics.