Financial services firms regulated in the UK by both the Financial Conduct Authority and Prudential Regulation Authority have long caused confusion with their complex regulatory pay structures and infamous bonus cap.
In the wake of the Retained EU Law (Revocation and Reform) Act 2023 (REUL Act) the UK Government has published draft regulations, with which employers will need to get to grips quickly as many of the new rules come into force on January 1, 2024.
The UK Government has introduced draft regulations to preserve in domestic law certain discrimination rights and principles derived from EU law which might otherwise fall away or be departed from following the Retained EU Law (Revocation and Reform) Act.
The Supreme Court of the United Kingdom has recently decided the case of Chief Constable of the Police Service of Northern Ireland and another v Agnew and others, a Northern Irish case that has been working its way through the courts since 2015.
While the DOJ has initiated at least two new Foreign Corrupt Practices Act enforcement actions against U.S. companies, it has also announced several decisions not to prosecute—most recently involving a U.S. biotech firm and its subsidiaries.
It’s time again for a look at scheduled state- and local-level wage increases that will take effect on January 1, 2024, along with some rate changes that occurred in late 2023 before publication.
For several years, the French Supreme Court has been uncertain regarding the inclusion of stock options and restricted stock units (RSUs) in the termination indemnities (severance and notice period payment) calculation base.
