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EU: New time limits for contractually agreed payment terms

On July 29, 2014 the law on combating late payment in commercial transactions came into force. It serves to implement the Directive 2011/7/EU of...

New German anti-bribery regulation on bribing members of parliament entering into force

On September 1, 2014 the anti-bribery regulation governing bribery of members of parliament was tightened by the new Sec. 108e StGB (German Criminal Code) entering into...

Mandated Corporate Social Responsibility Reporting: Coming Soon to a Country Regulating You

Disclosure of environmental, human rights and social risks is moving from its home between the glossy pages of voluntary reports into the hard-nosed realm of mandatory legal requirements, as evidenced by recent developments in the European Union and India.

IRS Modifies the Offshore Voluntary Disclosure Program and the Streamlined Filing Compliance Procedures

On June 18, 2014, the U.S. Internal Revenue Service (“IRS”) announced changes to the 2012 Offshore Voluntary Disclosure Program (“OVDP”) and the Non-Resident U.S....

What’s new in commercial transactions between public authorities and businesses in Greece and the...

Introduction In order to protect European businesses, and in particular small – medium enterprises (SMEs), against late payment, the EU adopted a...

UK: Member of a LLP is a worker and therefore entitled to whistleblowing protection

The Supreme Court has held that a former equity partner of a law firm was a worker for the purposes of the Employment Rights...

Swiss Federal Council expands anti-circumvention measures

The Swiss State Secretariat for Economic Affairs suspended export licences and licence exemptions for controlled dual-use goods to Ukraine, thereby making such goods subject...

German Federal Office for Economics and Export Control publishes new guidance on exports to...

On August 12, 2014, the German export control authority, the Federal Office for Economics and Export Control (Bundesamt für Wirtschaft und Ausfuhrkontrolle – “BAFA”)...

French Cour de cassation reaffirms the right to external legal assistance during dawn raids

18 July 2014 - On 25 June, 2014, the French Cour de cassation strengthened external legal counsel's rights during dawn raids in the course...

Slovakia tightens consumer protection rules

17 July 2014 - The recent amendment to the Civil Code, No. 106/2014 Coll., which entered into force on June 1, 2014, aims...

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