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United Arab Emirates: Proposed reform to retirement and pension law
The Federal National Council (FNC) has called for widespread reform to retirement and pension laws in an effort to encourage more Emiratis to work in the …
Singapore: Changes to the Employment Act
Further to our report last year on the proposed amendments to Singapore’s Employment Act (EA) (see our Bulletin), the Singapore Parliament passed a bill …
Australia: Billabong’s executive retention arrangements
Executives are sometimes offered retention arrangements if a change of control is on the cards. Sometimes this leads to criticism, as in …
UK: New publications
New Government guidance for employers and interns about their right to fair pay
UK: Deduction from wages - unlawful if pursuant to repayment clause amounting to a penalty
It is unlawful for an employer to make deductions from wages pursuant to a clause providing for the repayment of recruitment and training expenses …
UK: Directors’ remuneration – revisions to GC100 and Investor Group guidance
The GC100 and Investor Group has revised its guidance for listed companies on preparing the new style remuneration reports to be included in their annual …
UK: Directors' remuneration – revised remuneration principles published by ABI
The Association of British Insurers (ABI) has published an updated version of its Principles of Remuneration. The Principles were updated last year to …
UK: Remuneration - Directors' remuneration reports
Jemima Coleman and Ruth Liddicoat explain how the new regime for disclosure and shareholder approval of directors' remuneration will affect employment …
Japan: Yet more potential labour law reform
Following the recent election the government is again examining ways of introducing more flexibility in employment contracts. The government proposes to …
UK: Bonus cap - PRA and FCA announce details of UK implementation
The proposed approach to the UK implementation of the cap on variable remuneration, being introduced by the amended capital requirements directive (CRD …
UK: New legislation in force 1st October 2013
The third party harassment provisions in the Equality Act 2010 have been repealed. Under those provisions an employer could be vicariously liable for …
UK: Directors' Remuneration Reports – comprehensive overview of the new regime
Paul Ellerman, Mark Ife and Jemima Coleman explain the new regime for disclosure and shareholder approval of directors' remuneration for listed companies …
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