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FCA Releases Discussion Paper Under MiFID II

The revised Markets in Financial Instruments Directive (“MiFID II”) came into force on 2 July 2014. It will have effect on 3 January 2017, reflecting the period required for European Union member states to transpose its...more

EIOPA Consults on Second Set of Solvency II Implementing Technical Standards and Guidelines

The European Insurance and Occupational Pensions Authority (EIOPA) has, on December 2, published 16 consultations in respect of the second set of draft implementing technical standards (ITS) and guidelines required under the...more

Health Alert (Australia) - 2 December 2013

In This Issue: Judgments; Legislation; and Reports. Excerpt from Judgments: Commonwealth - 22 November 2013 - Australian Nursing and Midwifery Federation v Eastern Health [2013] FCAFC 137...more

Benefit Issues in Puerto Rico: Impact of the ACA, ERISA and the PBGC

This article highlights some recent developments that employers with Puerto Rico employee benefits arrangements should consider concerning compliance with U.S. federal laws on health care reform and the Patient Protection and...more

Favorable Temporary ACA Exemption for Expatriate Health Plans

Recently issued guidance addresses the unique compliance issues surrounding expatriate health plans under the Patient Protection and Affordable Care Act of 2010, as amended by the Health Care and Education Reconciliation Act...more

Fully-Insured Expatriate Health Plans Get Extra Time to Comply with PPACA

Recognizing that expatriate group health plans may find it impossible, or nearly impossible, to comply with all of the relevant provisions of the Patient Protection and Affordable Care Act of 2010 (PPACA), the U.S. Labor...more

Labour Law Consequences of Workplace Transfer under the Turkish Commercial Code

This article discusses labour law consequences of workplace transfers resulting from merger, scission, spin-off and change in type operations brought by the Turkish Commercial Code No 6102....more

Global HR Hot Topics: Expatriates, US Tax Withholding, US Social Security Contributions—And COBRA

Employer income tax withholding, social security contributions and employee benefits mandates usually amount to a straightforward issue of the local law at the place of employment. An employee working in Italy is subject to...more

The Law on Foreigners’ Participation in Social Insurance in China Will Become Effective on Oct. 15, 2011

The Interim Measures for the Participation in Social Insurance of Expatriates Employed in China (“Interim Measures”) was released by the Ministry of Human Resources and Social Security on Sept. 6, 2011. The Interim Measures...more

China Releases Draft Interim Social Insurance Measures Covering Foreign Employees

Earlier this week, the Chinese Ministry of Human Resources and Social Security released for public comment its draft Interim Measures for the Participation in Social Insurance of Foreigners Employed in China. The public...more

Relief Efforts in Japan -- Understand the Insurance Limitations

We are getting questions from our clients about needed relief efforts in Japan and want to address a matter of critical importance: employee insurance coverage. Companies planning group relief efforts or permitting...more

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