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Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
United States | Publication | March 2021
To encourage California employers to self-assess and correct pay disparities along racial and gender lines, the California legislature enacted Senate Bill 973 (SB 973) on September 30, 2020. SB 973 mandates that private employers of 100 or more employees, at least one of whom being in California, must report pay and hours-worked data by establishment, job category, sex, race and ethnicity to the Department of Fair Employment and Housing (DFEH) by March 31, 2021, and annually thereafter. In addition to providing for new pay data reporting, SB 973 authorized the DFEH to enforce the Equal Pay Act (Labor Code section 1197.5), which prohibits unjustified pay disparities.
This past month, the DFEH issued answers to FAQs and a template form for employers to submit their reports. The guidance clarified that an employee who regularly teleworks from a residence in California but who is assigned to an establishment outside of California must be included in the pay data report. More guidance from the DFEH is expected before the March 31 reporting deadline.
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Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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Artificial intelligence (AI) raises many intellectual property (IP) issues.
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On 21 November 2023 and following extensive consultation periods, the amendment to the Climate Delegated Act (Delegated Regulation (EU) 2021/2139 of 4 June 2021) (the Climate Delegated Act) was formally adopted by the European Commission and published in the EU Official Journal (Delegated Regulation (EU) 2023/2485 of 27 June 2023) (the Climate Delegated Act Amendment).
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