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URL: http://globalcompliancenews.com

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TEXT

Global Compliance News

Global Compliance News

The latest update of the Product Risk Radar ? now including Germany

April 25 , 2024 by , , , , , and 1 Min Read<span itemscope itemtype="http://schema.org/Person">
        <span itemprop="name">Min Read</span>
</span>

In ESG

Malaysia: Energy exchange update

April 25 , 2024 by , and 5 Mins Read

The Government of Malaysia<span itemscope itemtype="http://schema.org/Organization">
        <span itemprop="name">Government of Malaysia</span>
</span> has on 15 April 2024 announced that it will establish an Energy Exchange Malaysia (?ENEGEM?) to facilitate cross-border sales of green electricity to neighboring countries, namely Singapore and Thailand. The ENEGEM platform will implement cross-border energy sales based on the latest Guide for Cross-Border Electricity Sales issued by the Energy Commission of Malaysia.

In Tax

United States: Proposed regulations under the stock repurchase excise tax ? Key Considerations for inbound companies

April 25 , 2024 by and 1 Min Read<span itemscope itemtype="http://schema.org/Person">
        <span itemprop="name">Min Read</span>
</span>

On 9 April 2024, Treasury released two sets of proposed regulations regarding the excise tax on repurchases of corporate stock under section 4501. The proposed regulations were published in the Federal Register on 12 April 2024. Comments are due on the procedural matters by 13 May 2024, but taxpayers have until 11 June 2024 to submit comments on the substantive guidance.

In Corporate Compliance

Sweden: Proposal to abolish requirement to keep accounting materials in hard copy

April 25 , 2024 by , and 2 Mins Read

On 22 May 2024, the Swedish Parliament<span itemscope itemtype="http://schema.org/Organization">
        <span itemprop="name">Swedish Parliament</span>
</span> is expected to vote on a proposal to remove the requirement to retain original hard copy accounting materials. The bill, published on 29 February 2024, proposes that hard copy accounting materials, which have been duly saved digitally, no longer have to be kept in hard copy. The amendments are proposed to enter into effect on 1 July 2024.

In Employment

Singapore: Ministry of Manpower adopts mandatory Tripartite Guidelines on Flexible Work Arrangement Requests

April 25 , 2024 by , and 2 Mins Read

The Tripartite Alliance for Fair and Progressive Employment Practices has issued the mandatory Tripartite Guidelines on Flexible Work Arrangement Requests, which will come into effect on 1 December 2024, as announced by the Ministry of Manpower<span itemscope itemtype="http://schema.org/Organization">
        <span itemprop="name">Ministry of Manpower</span>
</span> on 16 April 2024.

Related Websites

Copyright 2024 ? Global Compliance News


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