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Global Asset Management Review: Issue 4
Welcome to the third issue of Global Asset Management Review.
Canada | Update | March 17, 2020 4 PM ET
Immigration, Refugees and Citizenship Canada (IRCC) published an updated set of special measures to help temporary and permanent residents conserve and/or obtain their rights to remain or work in Canada during the outbreak. These measures include:
• Temporary residence applicants from outside Canada
• Permanent residence applicants
• Citizenship applicants
As expected, we have noted an increase in processing times in applications being processed in China, Iran and South Korea.
A dedicated channel has also been created by IRCC for applicants in China, Iran and South Korea needing a visitor visa, study permit or work permit urgently to travel to Canada.
Beyond these measures, IRCC’s position is that of business as usual. This means that foreign nationals remain responsible for ensuring they have the correct legal authorizations to remain and work in Canada even if they are obliged to stay in Canada longer than expected due to the outbreak.
Notably, IRCC has also indicated that the physical presence requirement will not be lessened for permanent residents. This is important for permanent residents who might not be able to travel back to Canada for an extended period.
Employers should remember:
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Welcome to the third issue of Global Asset Management Review.
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On 13 November 2025, the European Parliament adopted (subject to certain amendments) the substantive Omnibus Directive which was proposed by the European Commission on 26 February 2025 (see our previous briefing here). On 16 December 2025, the European Parliament adopted further proposed amendments.
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In today’s fast-evolving legal landscape, litigation is becoming more complex, more international, and more strategic than ever before. Understanding the challenges, trends and lessons learned is critical for businesses and their litigation strategy and risk management.
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