Last month, the European Commission presented a package of measures, known as “the Winter Package”, to strengthen the EU’s competitiveness in adopting and leading the clean energy transition.
The wait is over!
No doubts that Brexit will have a tremendous impact on tax policies and legislation and although it is still soon to foresee the consequences, we would like to highlight the three broad areas of concern affecting businesses and trading.
The Working Time Regulations 1998 (the Regulations), which implement the requirements of the 1993 EC Working Time Directive, introduced restrictions on the number of hours worked by employees and workers together with a right to rest breaks, rest periods and holidays.
At this stage we are still waiting for the final regulations on the new mandatory gender pay gap reporting obligations.
A new pensions directive was passed by the European Parliament on 24 November securing 512 votes (only 77 votes against and 40 abstentions), requiring EU workplace pension funds to consider environmental, social and governance (ESG) issues.
Over the next few weeks into the New Year we are going to publish a series of short blog posts on gender pay gap reporting in the UK, based on the questions we have been asked by clients and contacts in recent months.
The UK Ministry of Defence (“MoD”) lost a high-profile case after failing, first, to comply with a trial judge’s disclosure order and failing to meet a deadline for compliance with the court’s “Unless Order” which warned that non-compliance would result in MoD having its defences struck out and judgment entered for the claimant.
The demand for corporates and wealthy individuals to adopt greater tax transparency continues to build momentum – the significance of the global reaction to it makes the recent Autumn Statement seem like chicken feed.