Publication
What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
A new vacation regulation in Mexico has been enacted through the publication in the Federal Register of a decree amending articles 76 and 78 of the Federal Labor Law (the reform).
The reform will become effective on January 1, 2023 and is set to increase the minimum statutory vacation periods that employees subject to Mexico’s Federal Labor Law are entitled to.
For reference:
Current vacation regulation |
|
|
Starting on January 1, 2023 |
|
Years of employment |
Vacation days |
Years of employment |
Vacation days | |
1 |
6 |
1 | 12 | |
2 |
8 |
2 | 14 | |
3 |
10 |
3 | 16 | |
4 |
12 |
4 | 18 | |
5-9 |
14 |
5 | 20 | |
10-14 |
16 |
6-10 | 22 | |
15-19 |
18 |
11-15 | 24 |
The reform does not affect other rights or benefits that employees may be entitled to under their current employment terms:
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
Publication
On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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