The European Blockchain Sandbox (the ‘Sandbox’) is a pan-European dialogue between innovators who come up with particularly interesting, original and useful applications for blockchain technology, and the relevant regulatory authorities that would be involved in such a project. The Sandbox is running from 2023 to 2026 and each year is supporting 20 use cases on the European Blockchain Services Infrastructure (EBSI) ...
Stay up-to-date with the ****latest developments in labour law related to employee remuneration****. These updates are essential for ensuring accurate payroll calculations, particularly in cases of employment termination, and for aligning local regulations with current legal requirements. New Minimum Wage Effective January 1, 2025, a revised minimum wage for a standard monthly work schedule will come into force ...
Siri comes to us from her role as a private practice lawyer at Legal in Stavanger. With more than two decades of experience as a corporate lawyer, she has worked with major international entities in the oil and gas sector, including Aker Solutions, Subsea 7, Aibel, and Archer. Additionally, Siri led the contracts and legal department for Acergy’s Asia and Middle East region in Singapore for a period ...
Family offices which choose to manage their global investments from Malta have been given a new legal exemption through a recent amendment in the applicable investment services rulebook of the Malta Financial Services Authority (“MFSA”). On the 27th of November 2024, the MFSA issued a circular titled “Establishment of Single Family Offices in Malta” ...
On November 26, 2024, the Supreme Court of Ohio issued its long-awaited decision in AutoZone Stores, Inc. v Indus. Comm., reversing the Tenth District’s interpretation of R.C. 4123.56(F) and indirectly restoring the employer-friendly doctrine of voluntary abandonment. See Slip Opinion 2024-Ohio-5519 here. In 2020, the Ohio legislature enacted the divisive R.C. 4123.56(F), which superseded any previous precedent on the issue of “voluntary abandonment ...
Crypto currencies (also known as crypto assets) have seen rapid development since Bitcoin's emergence during the financial crisis in 2008. Due to their anonymity and privacy, crypto currencies are widely used for illegal and criminal activities and serve as a tool to evade judicial accountability. In response to the increasingly frequent criminal cases involving crypto currency, Chinese governments grapple with the complexities of judicial disposal at both policy and practice levels ...
Carey Olsen lawyers recognised in IFLR1000 2024 Caribbean rankings Among those featured, Carey Olsen has seven individuals considered to be 'Highly Regarded', one 'Rising Star Partner', three 'Notable Practitioners' and three 'Rising Stars' ...
An exploration of key aspects of the Employment Rights Bill which will impact living sector employers; day 1 right to claim unfair dismissal, changes to the use of zero hour contracts and the extension of the duty to protect employees from harassment. Employment Rights Bill – A Shake Up for the Living Sector The Employment Rights Bill (“ERB”) is poised to introduce significant change to the UK’s workforce ...
SyCipLaw has shared its insights in Conventus Law's Special Report on "Navigating Business Ventures in the Philippines: Your Questions Answered." The special report, authored by Senior Partner and Corporate Services Department Head Imelda A. Manguiat and Associate Leo Francis F ...
A federal judge in Texas has struck down the recently implemented United States Department of Labor (“DOL”) federal overtime salary threshold rule. This 2024 rule raised the minimum salary level for certain employees to be exempt from overtime pay requirements under the Fair Labor Standards Act (“FLSA”). Generally, the FLSA requires employers to pay non-exempt employees 1.5x their regular rate for hours worked in excess of 40 in a work week ...
There are more than 35 compliance companies duly registered and regulated by the Panamanian Superintendence of Non-Financial Regulated Subjects. To help eradicate from our country the crimes of corruption, tax evasion and money laundering, to improve our international image as a financial center and to get out of the grey listings of the EU and OECD, among other reasons, a new industry has been formed, generating qualified and highly specialized jobs: the regulated compliance companies ...
Our final article in this series discussing different protected characteristics and the discrimination claims they give rise to, focuses on age, how employers can fall foul of the law and the steps they need to take to avoid age discrimination claims. What is age discrimination? The Equality Act 2010 prohibits both direct and indirect age discrimination, as well as age related harassment and victimisation ...
HSE involvement The Bill (if granted Royal Assent) will require the Health and Safety Executive (HSE) to publish a Health and Safety Framework on violence and harassment in the workplace, including violence against women and girls and gender-based violence. Employer duties Emphasis is placed on preventative measures which should be taken by employers ...
November 15, 2024 By: Artin Betpera, Christina Morgan and David Liu I. Introduction Any business operating a website needs to be aware of the proliferation of lawsuits targeting websites which use any type of customer tracking technology. While advantageous to the business in its marketing efforts, the data collection subjects the business to potential liability ...
Essential facts: state of mind and accessory liability for company directors At first instance and before the Court of Appeal, the Claimant, Lifestyle, successfully argued that the defendant company and two of its directors were jointly liable for trade mark infringement, and the directors had been ordered to account for profits made by them in connection with the company's infringements ...
Since 2009, Christian Bohne has assisted companies and banks with corporate legal advice. He has specialised expertise in insolvency and restructuring and is regularly appointed as an estate administrator and restructuring agent by Agder District Court. Christian advises companies facing financial difficulties, banks handling defaulted engagements, as well as creditors, shareholders, and boards on liability issues. Christian has 11 years of experience as a lawyer at Kvale Law Firm in Oslo ...
What are single-use vapes and why are they being banned? Single-use vapes are vapes which are not designed or intended to be re-used and are not refillable and/or not rechargeable. They are being banned for both health reasons and environmental reasons. As regards the environmental reasons, they pose a major waste problem in the UK, as they are often thrown away in general waste or littered, instead of being recycled ...
In October of 2024, the Office of Federal Contract Compliance Programs (“OFCCP”) announced it had received two Freedom of Information Act (“FOIA”) requests to disclose EEO-1 Type 2 Consolidated Report data, which is filed annually by prime federal government contractors and first tier sub-contractors. The Type 2 report is one of the annual filings required for multiple-establishment covered contractors. The report includes demographic data for all U.S ...
Employers in California, and others with California employees and worksites, should take note of new laws set to take effect on January 1, 2025, as well as laws that have recently gone into effect that may impact their operations. Understanding the changes is essential for compliance, and Dinsmore’s labor and employment attorneys are available to assist with navigating these regulatory changes to ensure your organization remains compliant ...
The published findings of the FCA's recent survey on culture and non-financial misconduct demonstrates how financial services firms have been responding to Employment issues and what might be on the horizon ...
Celebrating Nigel Carey's 50 years in law Nigel attended Elizabeth College in Guernsey and then Southampton University from 1967 to 1970, becoming a solicitor of the Supreme Court of England and Wales in 1974 and an Advocate of the Royal Court of Guernsey in 1975 ...
By: Natalie Benayoun, Esq. The Federal Trade Commission (FTC) has announced its final “Click-to-Cancel” rule in response to the overwhelming number of consumer complaints about negative option and recurring subscription practices. The Click-to-Cancel mechanism ensures that sellers make it as easy to cancel a subscription as it is to sign up. “Too often, businesses make people jump through endless hoops just to cancel a subscription,” said Commission Chair Lina M ...
Carey Olsen lawyers achieve 31 individual rankings in The Legal 500 Caribbean 2025 Carey Olsen lawyers have secured 31 individual rankings in the 2025 edition of The Legal 500 Caribbean, including 18 'Leading Partner' rankings, 10 'Next Generation Partner' rankings and three 'Leading Associate' rankings ...
Proposed amendments to the BVI Business Companies Act Register of members At the moment, a Company must maintain a private register of members (“Private ROM”), which includes the following information (the “Shareholder Information”): the date each shareholder held/ceased to hold shares in the Company; the number (and class) of shares held by each shareholder; each shareholder’s name and residential address, if they are a natural person; each s
Carey Olsen Bermuda celebrates standout results in The Legal 500 Caribbean Carey Olsen Bermuda has been promoted to Tier 1, the top ranking for practice area categories, in Corporate and Commercial and Insurance/Reinsurance, while also maintaining its Tier 1 rankings in Dispute Resolution; Regulatory and Compliance; and Trusts/Private Client ...
