It was just one of many points European Council President Charles Michel made in his monthly newsletter on Tuesday afternoon, but his accusation of the “United Kingdom having imposed an outright ban on the export of vaccines or vaccine components produced on their territory” caused an outright diplomatic spat between London and the EU institutions this week. Although the accusation have been making the rounds in Brussels for weeks already, not least because European Commission President Ursula von der Leyen...

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Last week, the Securities and Exchange Commission’s newly renamed Division of Examinations (formerly known as the Office of Compliance Inspections and Examinations) published its 2021 Examination Priorities (“Exam Priorities”).  This annual guidance reports on the Division’s accomplishments and rates of examinations for the prior year, and seeks to promote compliance, prevent fraud, identify and monitor risk, and inform policy. It provides industry participants with a road map to plugging any gaps in their compliance. Many of the Exam Priorities are perennials—for example,...

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Nonprofit tax-exempt organizations have unique considerations with respect to navigating U.S. immigration processes and entity formation. Organizations hiring new talent or bringing employees across borders need to be aware of how their nonprofit corporate and tax-exempt statuses may impact and be impacted by immigration processes and rules. This article provides an overview of several employment and immigration compliance topics affecting nonprofit tax-exempt organizations operating in the U.S. Hiring From a nonprofit director’s perspective, hiring the most talented and dedicated employees is critical...

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Discussions on climate change policy are accelerating this year as countries prepare for COP26 which will be taking place in the United Kingdom in November 2021. The next few months will see a whole series of concerted actions around the globe in the run up to the conference at which over 30,000 delegates are expected. This will be the most significant conference on climate change since COP21 in Paris in 2015, which led to the Paris Agreement – and which...

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Key insights Evaluate employee retention credit eligibility prior to filing your PPP forgiveness application. IRS issues guidance on surplus wages used for PPP forgiveness. IRS issues guidance to help clarify whether a government order constituted a partial shutdown. Claiming the employee retention credit could have an impact on your PPP loan. We’re breaking down what you need to know about the latest IRS guidance. Background on new guidance around PPP loans and the employee retention credit On March 1, the IRS released Notice 2021-20, which...

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As the pandemic continues to keep millions of workers across the globe out of their traditional work environments, brands and mills strive to maintain production quality while adapting to the unique constraints of working remotely. Textile supply chains traverse continents in ordinary times. Today, those with a comprehensive color management strategy, anchored by advanced digital tools, are well-positioned to meet the extraordinary challenges of the moment. To keep production running without delays, remote retail and apparel workers need the equipment, software...

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