Publication
Cet été, soyez proactifs : révisez votre politique de prévention du harcèlement psychologique!
Cette année, qui dit automne, dit entrée en vigueur de modifications à la Loi sur les normes du travail (Loi).
Australie | Publication | mai 2021
On Tuesday 11 May 2021, Treasurer Josh Frydenberg delivered the Australian Federal Budget 2021-2022, which contained an announcement as to future changes to the licensing and relief regime for foreign financial service providers (FFSPs).
In particular, the Budget papers noted:
“The Government will consult on options to restore previously well-established regulatory relief for Foreign Financial Services Providers (FFSPs) who are licensed and regulated in jurisdictions with comparable financial service rules and obligations, or have limited connection to Australia, from holding an Australian Financial Service License, in order to reduce duplicate regulatory requirements. The relief is limited to FFSPs that deal with wholesale clients and professional investors.
The Government will also consult on options to create a fast-track licensing process for FFSPs who wish to establish more permanent operations in Australia. Fast-tracking is intended to shorten application timeframes and reduce barriers to entering the Australian market.”
While the prospect of a restoration of previous relief will be welcomed by many FFSPs, it also has the potential to significantly impact the new regulatory framework for FFSPs, in particular the new foreign Australian Financial Services (AFS) licence.
It remains to be seen what any new regime would mean for those FFSPs who have already been granted a foreign AFS licence, not to mention the many firms who are in the process of making their applications. The current timeline for expiry of the existing transitional sufficient equivalence relief and the limited connection relief is (at least for the time being) still the end of March 2022. That said, any consultation process on a new regime would potentially put pressure on that timetable given the need to develop and settle a new framework. Accordingly, firms either in the process of making foreign AFS licence applications or contemplating doing so would be well advised to keep a watching brief over future developments in this space.
A link to the Budget can be found here.
Publication
Cette année, qui dit automne, dit entrée en vigueur de modifications à la Loi sur les normes du travail (Loi).
Publication
Une action visant à réclamer des dommages liés à de fausses dénonciations à la police est-elle soumise à la prescription d’un an de l’article 2929 du Code civil du Québec (C.c.Q.) applicable aux actions fondées sur une atteinte à la réputation?
Publication
Depuis le 1ᵉʳ janvier 2024, en vertu de la législation fédérale du Canada, les entreprises d’une certaine taille qui produisent, vendent, distribuent ou importent des marchandises au Canada ont l’obligation de présenter, au plus tard le 31 mai de chaque année, un rapport sur les risques de recours au travail forcé et au travail des enfants dans leurs leurs chaînes commerciales et chaînes d’approvisionnement et les efforts déployés pour les limiter.
Abonnez-vous et restez à l’affût des nouvelles juridiques, informations et événements les plus récents...
© Norton Rose Fulbright LLP 2023