The New Insolvency Code introduced several innovations to the traditional system of management and detection of company business crisis. In this respect, the experience of the 231 compliance programs may be considered a key benchmark.
Starting September 1, 2020, a new European vehicle type-approval framework will be in place, as European Regulation (EU) 2018/858 (the “Regulation”) has entered into force.
German legislative bodies are moving forward with introducing a new and more efficient law to address white-collar crime, in spite of the COVID-19 pandemic.
On May 19, 2020, the Italian government adopted decree law no. 34, setting out urgent measures with immediate effect to support health, work, and the economy, as well as social policies related to the epidemiological emergency (the “Decree”).
In response to the COVID-19 emergency, the Commission took measures to protect the availability of supplies of personal protective equipment, namely by adopting two Implementing Regulations, which required exports of such equipment outside of the European Union to be subject to an export authorization from Member States.
Due to the COVID-19 emergency, Member States have the possibility to extend the transition period for the application of the registered exporter (REX) system until December 31, 2020.
The coronavirus emergency has forced companies to face an array of unprecedented challenges, among them the requirements that ensure compliance with Legislative Decree No. 231/2001, which introduced corporate criminal liability in Italian legislation.
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