In February and March 2024, the Luxembourg Accounting Standards Board (CNC) published two Q&As_ (No. 24/031 and No. 24/032) that provide useful guidance on how the law of 22 December 2023_ implementing Council Directive (EU) 2022/2523_ of 14 December 2022 on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union (Pillar 2 Law) will impact financial disclosures and the disclosure of deferred tax expenses in the notes to the financial statements of in-scope Luxembourg entities and...

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Deputy Attorney General Lisa Monaco announced on March 7 that the U.S. Department of Justice (DOJ) will launch a pilot whistleblower program that will offer financial incentives for individuals to report allegations of criminal wrongdoing to the DOJ. The program will be launched later this year following a 90-day process to develop and implement the pilot. The new initiative will expand upon the DOJ’s recent efforts to incentivize voluntary self-disclosure and will create a counterpart program to those already...

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Every year, “Best Lawyers,” a peer reviewed legal publication, selects who they deem to be the best lawyers and the best law firms in the United States on the basis of carefully selected criteria. Of course, we know that all of our lawyers are the “best lawyers,” and we are fortunate to be working with and continually learning from each other. We take this opportunity to recognize our excellent and committed support staff, without whom the firm could not...

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EACCNY Member Gide Loyrette Nouel is pleased to present an analysis of "Artificial Intelligence, European legislation and legal issues", which aims to introduce the European legislation currently being adopted (AI ACT in the version approved on 2 February 2024), but also to examine the legal issues of AI across 10 sectors of activity. Author: Thierry Bonneau - Senior Counsel, Gide Loyrette Nouel  The genesis of the notion of artificial intelligence ("AI") is a subject of debate. Some trace it back to...

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In today’s complex business environment, establishing trustful and transparent relationships between buyers and suppliers has become crucial for strategic success. Kate Vitasek, a renowned authority in collaborative business relationships, and Bryan Jacobs, for this episode of The Team Around the Table, explored the power of “vested outsourcing” – a methodology that fosters win-win scenarios in contractual agreements, enabling buyers and suppliers to achieve strategic outcomes together through shared values and goals. Vested Relationships: Five Lessons Learned Shift from Transactional to Relational Outsourcing: Getting...

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