Switzerland: Gender Quotas for Boards of Large Companies to Take Effect...
(Sept. 29, 2020) In its session of September 11, 2020, the Swiss Federal Council, the country’s government, decided that a provision requiring large companies to introduce a gender quota of 30% for...
View ArticleTurkey: Presidential Decree Extends COVID-19-Related Dividend Payment Limit...
(Oct. 7, 2020) A presidential decree published in Turkey’s Official Gazette on September 18, 2020, extended by three months the term of a rule that temporarily limits the amount of profits that...
View ArticleSwitzerland: Popular Initiative to Hold Businesses Accountable for Human...
(Feb. 10, 2021) On November 29, 2020, the popular initiative “For Responsible Businesses – Protecting Human Rights and the Environment” (Responsible Business Initiative) failed to reach the necessary...
View ArticleAustralia: New Legislation Establishes Code of Conduct for Negotiations...
(Feb. 26, 2021) On February 25, 2021, the Australian Parliament passed the Treasury Laws Amendment (News Media and Digital Platforms Mandatory Bargaining Code) Bill 2021 (Cth). The bill, which has been...
View ArticleBrazil: New Law Allows Soccer Clubs to Become Limited Companies
On August 6, 2021, Brazilian President Jair Bolsonaro promulgated Law No. 14,193 (Lei No. 14,193, de 6 de Agosto de 2021), which creates the Soccer Limited Company (Sociedade Anônima do Futebol,...
View ArticleDenmark: Supreme Court Orders Dissolution of Association for Violating...
On September 1, 2021, the Danish Supreme Court ruled that a violent street gang association, Loyal to Familia, was unconstitutional because it lacked a legal purpose, and ordered it dissolved. (Danish...
View ArticleUnited Arab Emirates: Federal Government Announces New Working Hours
On December 7, 2021, the federal government of the United Arab Emirates (UAE) announced that federal government departments are to change their weekly working hours effective January 1, 2022. Under the...
View ArticleUkraine: New Law Enables Expropriation of Property of Russian Federation and...
On March 3, 2022, the Verkhovna Rada (parliament) of Ukraine adopted the Law on the Basic Principles of the Forcible Seizure of Objects to Which the Russian Federation and Its Residents Have Property...
View ArticleSwitzerland: Government Starts Consultation on Climate-Related Financial...
On March 30, 2022, the Swiss Federal Council (government) started a consultation on an ordinance on climate-related financial disclosures for large Swiss companies. The ordinance specifies and...
View ArticleJapan: Justice Ministry and Ministry of Internal Affairs and Communications...
In an effort to tighten its oversight of global tech giants, Japan’s Ministry of Justice and Ministry of Internal Affairs and Communications reportedly asked local units of Google, Meta, Twitter, and...
View ArticleTurkmenistan: Government Imposes Restrictions on Women's Appearance and...
In May 2022, media sources* both within and outside the Republic of Turkmenistan reported that the Turkmenistan government had introduced restrictions on women’s appearance and beauty culture, as well...
View ArticleIsrael: Supreme Court Rules Israeli Courts May Void or Change Choice of Law...
In a precedent-setting decision rendered on July 26, 2022, Israel’s Supreme Court held that a stipulation in a “standard contract” between Israeli consumers and small businesses requiring adjudication...
View ArticleSwitzerland: Government Proposes Creation of Register of Beneficial Owners to...
In its session on October 12, 2022, the Swiss Federal Council (government) instructed the Federal Department of Finance (FDF) to draft a bill on creating a register of beneficial owners of certain...
View Article