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In the PipelineHighlighting Changes
  • Jones Day
  • Australia
  • June 14 2018

On 1 June 2018, the Fair Work Commission increased the minimum wage by 3.5 percent (or $24.30 per week). The new weekly minimum wage will be $719.20

SEC Chair Clayton Remarks
  • Mayer Brown LLP
  • USA
  • June 12 2018

At the Wall Street Journal’s CFO Network annual meeting held in Washington DC on June 11, 2018, Securities and Exchange Commission Chair Jay Clayton

Busy lenders round-up - June 2018
  • USA, United Kingdom, European Union
  • June 12 2018

The Pre-Action Protocol for Professional Negligence (the Protocol) has been amended to include a requirement for claimants to consider adjudication at

SEC Proposed Regulation Best Interest Regarding Duties of Broker-Dealers
  • Cozen O'Connor
  • USA
  • June 11 2018

In a series of three proposed regulations with requests for comments, the U.S. Securities and Exchange Commission (SEC) seeks to enhance and clarify

Drop in the prescribed rate of interest
  • Cliffe Dekker Hofmeyr
  • South Africa
  • June 4 2018

According to the PRIA, the prescribed rate of interest is calculated by adding 3.5 to the repurchase rate. Therefore, in order to calculate the

Bergen County Law Division Limits Scope of Non-Compete Clause
  • Riker Danzig Scherer Hyland & Perretti LLP
  • USA
  • May 30 2018

The Bergen County Law Division recently determined that a restrictive covenant preventing an employee from accepting any employment with a competing

OCC Decision on Whether to Issue Special Purpose National Bank (SPNB) Charters to Fintech Companies Expected in July 2018
  • Kilpatrick Townsend & Stockton LLP
  • USA
  • May 30 2018

Press reports indicate that, in a press call last week regarding the Office of the Comptroller of the Currency’s (OCC) new risk report, “Semiannual

DOL Halts Enforcement of Expanded Fiduciary Rule and SEC Proposes Regulation Best Interest
  • Baker McKenzie
  • USA
  • May 30 2018

The Fifth Circuit recently vacated the US Department of Labor’s (“DOL”) 2016 fiduciary rule that had expanded ERISA’s fiduciary definition to those

Termination with Change of Terms of Employment on Grounds of Conduct
  • DLA Piper
  • Canada, Germany
  • May 28 2018

On 14 November 2017 the State Labour Court of Mecklenburg-Vorpommern (docket number 5 Sa 8717) decided that a termination with change of terms of

North America Tax News and Developments - May 2018
  • Baker McKenzie
  • USA, OECD, Canada
  • May 23 2018

In what was perhaps the most anticipated event to occur in the field of state and local taxation over the past 26 years, on April 17, 2018, the U.S