UPDATE: The EU Directive on pay transparency was adopted by the EU Parliament on March 30, 2023, and the EU Council April 24, 2023. On May 17, 2023, it was published on the EU’s Official Journal and will come into force 20...more
In an effort to increase pay equity and close the gender pay gap across all levels within a company, there is a growing trend among lawmakers across Europe to require employers to disclose compensation data. These efforts go...more
On March 18, 2022, the Russian Central Bank clarified that the restrictions imposed under Decree No. 81 (see our earlier alert below) do not apply if a Russian resident acquires shares from a company of an “unfriendly”...more
The Russian President has issued Decree No. 81 — “due to the unfriendly actions of the US and other countries in violation of international law” — establishing special procedures for any transactions leading to the transfer...more