WLN tag: #legalnews
UAE: How does the UAE enforce minimum Emirati employment targets in the private sector?
The UAE has through the Federal Decree Law No. 9/2024, recently amended the Federal Law Regarding the Regulation of Employment Relationship 2021 to discourage Fictitious Employment that has been taking place in the UAE to fulfil the Emirati Employment Targets. The law aims to effectively implement the Emiratization Policy that the UAE government has introduced […]
Spain: The Head of the Internal Information System under Spain’s Whistleblowing Act and Compliance
The Head of the Internal Information System (hereinafter, ‘HIIS’) plays a crucial role in the context of compliance and the implementation of whistleblowing channels to comply with the Whistleblowing Directive (Directive (EU) 2019/1937), transposed in Spain through the Spanish Whistleblowing Act (Law 2/2023, regulating the protection of persons who report regulatory infringements and the fight […]
UAE: Federal Decree-Law No. (11) of 2024 on the Reduction of Climate Change Effects
Introduction The UAE government in October 2024 passed a climate change law focus on reducing the effects of Climate Change. The objective of the law centres around managing emissions, increasing the adaptability of the economy to the impacts of climate change, supporting innovation in the area and improving regional and international cooperation by aligning local […]
France: Guilty silence and curiosity at half-mast: cancellation of a transfer of shares for fraudulent concealment.
In one of the first judgments handed down in matters of fraud since the reform of contract law, the Court of Cassation reaffirmed that the seller’s silence on information essential to the assignment excuses the buyer’s error, regardless of his experience or curiosity (Court of Cassation, com., September 18, 2024, No. 23-10.183). Background: An acquirer […]