Publication
UK failure to prevent fraud offence: What do you need to do now?
A new “failure to prevent fraud” offence has been introduced as part of the Economic Crime and Corporate Transparency Act (the Act).
Publication | September 15, 2015
More than 75 designated employers in KwaZulu-Natal are facing fines of at least 1.5 million rand or 2% of their turnover for non-compliance with the Employment Equity Act No. 55 of 1998.
This harsh reality is being felt by non-compliant designated employers in KwaZulu-Natal. In terms of the Act, a designated employer is “a person who employs 50 or more employees” or a person who employs fewer than 50 employees but has a total annual turnover between 6 million and up to 75 million, depending on the employer’s industrial sector.
The Department of Labour is adopting a rigid stance in wielding the enforcement provisions against designated employers who do not comply. Labour inspectors are conducting inspections at various companies, in some instances arriving unannounced, to assess compliance.
Most of the fines being imposed relate to employers who do not have employment equity plans in place. The minimum fine is 1.5 million rand and the Department of Labour is not negotiable on this amount. Other consequences for non-compliance include a review by the director-general of a designated employer’s employment equity affairs and the issuing of written undertakings and compliance orders.
Publication
A new “failure to prevent fraud” offence has been introduced as part of the Economic Crime and Corporate Transparency Act (the Act).
Publication
On April 11 - 12, Luxatia International held the 4th World Legal Operations Summit in Berlin. Tom Evans, senior consultant in our Legal Operations Consulting Team, shared his tips for driving effective change management and leading successful transformation projects.
Publication
On May 14, 2024, Lena Haffner, Innovation Lead Germany at Norton Rose Fulbright, shared her insights on “How do you make a law firm AI ready?" at Legal Revolution 2024, one of Europe’s leading conferences in legal innovation and technology. Her lecture focused on developing a comprehensive roadmap for integrating AI into law firms, emphasizing the importance of developing a robust AI strategy and fostering an innovation-ready culture. Key topics covered in the lecture included strategic planning, skills development, multidisciplinary teamwork, and strong AI governance.
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