FRA publishes train securement rule

FRA publishes train securement rule

The Federal Railroad Administration (FRA) published a proposed rule today covering the securement of unattended train equipment, largely codifying its Emergency Order 28 issued in 2013. Emergency Order 28 was issued in response to the Lac Megantic train disaster in Quebec, where an unsecured train carrying crude oil rolled down ... Read More »

New emergency support from Brussels for vegetables and fruit

New emergency support from Brussels for vegetables and fruit

On 29 September 2014 the European Commission made new emergency support available for certain vegetables and fruit to cushion the effects of the Russian boycott. Background This Russian boycott had already prompted the European Commission to adopt temporary special support measures on 18 August 2014 in Regulation 932/2014. These measures, ... Read More »

Sanction to the Kingdom of Spain for unequal treatment between Spanish residents and non-residents on the Inheritance and Gift Tax

Sanction to the Kingdom of Spain for unequal treatment between Spanish residents and non-residents on the Inheritance and Gift Tax

On the 3rd of September, the European Union Court of Justice delivered judgment on the infringement proceedings commenced by the European Union against the Kingdom of Spain. It stated that Spain had failed to comply with its obligations regarding the free movement of capital within the European Union and the ... Read More »

Is your company prepared for the U.S. Department of Labor’s amendments to the white collar exemptions?

Is your company prepared for the U.S. Department of Labor’s amendments to the white collar exemptions?

On March 13, 2014, we reported that President Barack Obama signed a Presidential Memorandum directing his Secretary of Labor to update the regulations to expand the number of employees eligible for overtime under the Fair Labor Standards Act (FLSA).  In May 2014, the Obama Administration released its Regulatory Agenda indicating that ... Read More »

FRC guidance on strategic report

FRC guidance on strategic report

On 9th June 2014, the UK Financial Reporting Counsel (FRC) published their ‘Guidance on the Strategic Report’ (Guidance). The Guidance replaces the ‘Reporting Statement: Operating and Financial Review’ published by Accounting Standards Board. The Guidance is persuasive rather than mandatory and its objectives are to: ensure that relevant information that ... Read More »

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