ASIC has released a new immunity policy setting out the process and conditions for whistleblowers to obtain immunity from certain civil penalty or criminal proceedings (Immunity Policy). The Immunity Policy extends the types of protection available to a whistleblower beyond those which became available under the Treasury Laws Amendment (Enhancing Whistleblower Protections) Act 2019 (Cth) (Whistleblowing Legislation) which came into force in 2019. As a result there is an increased risk that employees may elect to go direct to ASIC rather than raising an issue internally.
In this publication, our lawyers from different practice groups discuss the trends in compliance and investigations of 2020 in Germany. We take a look at the most important developments and court decisions of2020. Discussing these trends will help companies doing business in Germany to grasp the developments in the area of compliance and investigations in the future. After providing a general overview and presenting the highlights of the developments in the last year, each practice group will outline the developments in their respective practice areas in greater depth.
The Black Lives Matter movement, accelerated by the murder of George Floyd, sparked a global awakening to racial disparities in society. Impassioned protests were promptly followed by donations to non-governmental organisations and corporate statements of allyship. Over nine months on from George Floyd’s death in May 2020, we explore what long-term impact this epiphany could have for employers, the workforce, and employment law.
You can find current episodes (and subscription links) here. A brief description of each episode follows below and we hope you enjoy them: Episode 33: European Electronic Communications Code and the TMT Sector The European Commission opened infringement procedures against 24 member states on 4 February 2020, for failure to transpose the European…
On 12 January 2021, UK Foreign Secretary Dominic Raab announced new measures to ensure that UK companies are…
You can find current episodes (and subscription links) here. A brief description of each episode follows below and we hope you…
Off the Shelf, the Global Consumer Goods & Retail Industry Podcast, provides short practical legal insights into the key issues affecting consumer goods and retail (CG&R) businesses. Episode 16: New Brand on the Block(chain): Consortium Considerations In the final episode of our blockchain for brands series, Alyssa Auberger, Baker McKenzie’s Chief…
In a recent article for Compliance & Risk Journal, we give practical guidance to employers carrying out internal employee investigations.
On 14 October 2020, Luxembourg announced new provisions with respect to incentive for highly skilled and qualified workers (“Impatriate Regime”) as part of the 2021 budget bill (“Law”).1
The Impatriate Regime was introduced back in 20112 and was further amended by several circulars, including the most recent Circular LIR No. 95/2 dated 27 January 2014 (“Circular”) which have been repealed in the meantime. The government has now decided to codify the Impatriate Regime under Article 115(13) b. of the Luxembourg income tax law (LITL) and to introduce some limited changes.
The aim of Article 115(13) b. of the LITL remains close to the original objective of the Circular, which was to further enhance the competitiveness of Luxembourg by enabling Luxembourg employers to hire new talent from abroad. The changes introduced by the Law should further simplify the procedure, strengthening the clear intention of Luxembourg to remain attractive from an economic perspective.
Below we describe the regime that will be applicable as from 1 January 2021 while highlighting the main changes compared to the former rules.
In this recording of our introductory workshop, Baker McKenzie FinTech Legal Accelerator: Cracking the Legal Code, held as part of the Hong Kong FinTech Week 2020, our lawyers across Asia Pacific give an overview of key fintech issues that start-ups or scale-ups need to know as they grow and expand…