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Executive Order no. 1,045 was issued today, implementing the New Emergency Program for Maintenance of Jobs and Income in Brazil. The order contains additional employment-related measures in response to the COVID-19 pandemic and reinstates some of the provisions previously contained in Executive Order no. 936, which was converted into Law no. 14,020/20.

On 17 March 2021, the European Commission published a proposal to create a Digital Green Certificate (DGC) to facilitate free movement inside the EU during the COVID-19 pandemic. The DGC is meant to provide proof that a person has been vaccinated, received a negative test result or recovered from the virus. The Netherlands intends to implement the DGC in the CoronaCheck App. This means that citizens only have to use the CoronaCheck App to generate a test, recovery or vaccination certificate.

Government Regulation No. 40 of 2021 on the Organization of Special Economic Zones was issued as one of the implementing regulations of Law No. 11 of 2020 on Job Creation. GR-40 is consistent with the changes set out by Article 150 of the Omnibus Law on the amendment of the SEZ Law. The only differences concern the added scope of business lines provided under GR-40. In particular, GR 40 sets out more comprehensive provisions than the general provisions stipulated in the Omnibus Law and offers more facilities in SEZ.

Government Regulation No. 28 of 2021 on Organization of Industry Sector is consistent with the changes set out by Article 44 of Law No. 11 of 2020 on Job Creation. The implementing regulation mainly establishes a new regime of licensing and a new legal framework for future incentives related to the procurement of raw and supporting materials.

Under Decree of the Government of the Russian Federation No. 622 dated 19 April 2021 “On restrictions on the provision of information and documentation to an audit organization, an individual auditor“, starting from April 29, 2021, a wide list of audited Russian entities will cease to disclose information, that is normally subject to mandatory disclosure requirements, to foreign auditors.

Episode 11: Fintech – Trends, Investments, and M&A In this episode, We share observations on recent innovations and take a closer look at various strategies behind the increase in investment and M&A activity. Fintech players, once seen as market disruptors, are becoming essential and critical in the future of financial institutions.