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Modern slavery and human trafficking reporting: Maritime supply chain risks
According to the International Labour Organisation (ILO), an estimated 50 million people globally were living in modern slavery on any given day in 2021.
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United States | Publication | May 3, 2021
Governor Newsom signed into law SB 93, requiring hospitality and building service employers to offer vacant positions to laid-off employees who previously held those positions. The key takeaways are:
The law provides for a $100 civil penalty for each employee whose rights are violated under the new law, and an additional $500 penalty per employee per day as liquidated damages until the violation is cured. It also prohibits employers from retaliating against any laid-off employee seeking relief under the law.
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According to the International Labour Organisation (ILO), an estimated 50 million people globally were living in modern slavery on any given day in 2021.
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Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Publication
On February 2, 2024, the Belgian Presidency of the Council of the European Union confirmed that the Committee of Permanent Representatives had signed the Artificial Intelligence (AI) Regulation, referred to as the AI Act. Approval by the EU Parliament followed on 13 March 2024, and the AI Act is likely to appear in the EU’s Official Journal around May 2024. The AI Act aims to establish a stringent legal framework governing the development, marketing, and utilisation of artificial intelligence within the region, thereby marking a significant advancement in the regulation of this burgeoning domain.
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