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Europe: COVID-19 – Recovery & Renewal — EMEA Tax Issues – Wealth Management

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Baker McKenzie's EMEA Tax Practice Group presented an overview on "Wealth Management" on 7 July 2020, the fourth in a series of short webinars to keep tax professionals abreast of recent developments in these less than certain times.

International: COVID-19 Global guide on public contracting

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In light of the global pandemic, governments across the globe are faced with urgent needs whose immediate coverage is a matter of life and death. Hence, these unusual and uncertain times call for rare and exceptional measures, and without much ado, governments around the globe have provided them. Common to all approaches is the will to enable public contractors to procure the urgently needed supplies to save lives and contain the pandemic without major bureaucratic hurdles.

Switzerland: Webinar Series: The Baker McKenzie Investigations Series – Your Online Meeting Point

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Investigation work is peppered with legal and practical issues for which often there is not one right answer. The circle of professionals in charge...

Switzerland: Legal guide to public contracting in light of the COVID-19 pandemic

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As a result of the extraordinary situation resulting from the spread of COVID-19 in Switzerland, the Executive Board of the Federal Procurement Conference (FPC) has issued recommendations for the public procurement of goods and services and contractual matters during the current COVID-19 crisis. The main goal is to mitigate the impact of the COVID-19 crisis on the Swiss economy from a public procurement perspective.The recommendations are valid during the exceptional situation as defined in the COVID-19-Ordinance 2 on measures to combat the coronavirus (SR 818.101.24) and for six months after the end of the exceptional situation.However, owing to federalism, procurement law is not uniform. The recommendations of the FPC are not legally binding and, thus, the cantons may deviate from them.

EU: Possible six-month deferral to DAC6 reporting

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Following a recent announcement of the European Commission’s proposal for a three-month deferral of reporting deadlines under the new DAC6 mandatory disclosure regime in the EU and UK, the Committee of the Permanent Representatives of the Governments of the Member States to the European Union (COREPER) has now reached an agreement on a revised proposal which could possibly defer the reporting deadline for six months. On the basis that the draft Directive, once approved, may be adopted at the discretion of each member state, it is imperative that businesses do not delay in preparing to meet their existing compliance obligations should reporting dates not be deferred (or not be deferred in all Member States where they operate).

Switzerland imposes prior licensing requirement for exports of medical protective equipment

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On 25 March 2020, the Swiss Government, as part of its COVID-19 regulatory framework, adopted a Regulation, which took effect on 26 March, 12:00 AM, requiring a prior license for any exports of medical protective equipment to third countries, except for exports to EU and EFTA Member States.

Global: COVID-19 Checklist for Financial Institutions

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In addition to the human tragedy, COVID-19 challenges the financial sector's operating and business models and engages a wide range of law and regulation....

Europe: COVID-19 Government Intervention Schemes

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Countries around the globe are facing unprecedented and rapid change due to the COVID-19 pandemic. The Government Intervention Schemes Guide provides a summary of...

Switzerland Declares State of Emergency due to COVID-19

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On 16 March 2020, the Swiss Federal Council declared an "extraordinary situation" under the Federal Law of Epidemics. This is the most severe status...

Coronavirus Outbreak: Global Guide to Force Majeure and International Commercial Contracts — the Swiss...

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Since the Coronavirus ("COVID-19") was first reported in Wuhan, China in December last year, countries around the world have sought to impose travel bans,...
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