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Real Estate Focus - December 2024
December has been a very busy month, with a flurry of new government policies and consultations.
Canada | Publication | June 28, 2024
Summer is underway in Quebec. Like every year, this season will be short and the cooler temperatures will be fast upon us. This year, fall means amendments to the Act respecting labour standards (the Act) come into force.
As of September 27, 2024, Quebec employers must ensure that their harassment prevention policies comply with the minimum content defined by the Act.
First of all, this policy will now be called the "policy to prevent and manage situations of psychological harassment." More than just a new title, it also includes new obligations for employers, including designating a duly trained person to handle complaints and reports, developing an inquiry process and implementing measures to ensure confidentiality.
Your policy must set out, in particular:
Note that these changes apply only to companies under provincial jurisdiction.
It is therefore in the interest of provincial jurisdiction companies to review their policies now, and update them as necessary to comply with the changes to the Act before they come into force on September 27. Moreover, the law provides for fines in the event of failure to adopt a compliant policy.
This summer, take some time to review your psychological harassment prevention policy!
Publication
December has been a very busy month, with a flurry of new government policies and consultations.
Publication
On 13 December 2024 the Financial Conduct Authority (FCA) published Primary Market Bulletin 53 (PMB 53) which includes confirmation of the final form of two new, and one amended, sponsor-related technical notes previously consulted on in PMB 50, and a consultation on various proposed changes to the technical and procedural notes in the FCA’s knowledge base.
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The Regulator has provided a link to its dashboard webinar held on November 26, 2024, which it urges scheme trustees to watch. The Money and Pensions Service also collaborated with the Pensions Dashboard Programme to host a “town hall” dashboard event on December 2, 2024.
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