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Europe steps up its fight against fraud
European watchdogs have long been focusing on enforcement against corporate crime with a great focus on anti-corruption, economic sanctions and money laundering.
Global | Publication | August 2018
On 11th August, 2018, the Conversion Law of the “Dignity Decree” was published in the Official Gazette in Italy. Set out below is a summary of the main changes introduced by the Decree, with additions provided by the Conversion Law (effective as of August 12, 2018):
One area covered by the Dignity Decree is the use of fixed term employment contracts
Companies who employ workers under 35 years of age in 2019 and 2020 are exempt from paying 50 per cent of social security contributions due in relation to these employees, up to a maximum of €3,000 euros per year and for a maximum of 36 months, per employee. In order for the company to qualify for this exemption, the employee must not have been employed indefinitely with the same or another employer, except for periods of apprenticeship not converted into an open-ended contract. Further instructions on the application of this exemption are expected to be provided by Ministerial Decree.
Finally, the law has modified the level of indemnity to be paid in cases of unlawful dismissal:
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European watchdogs have long been focusing on enforcement against corporate crime with a great focus on anti-corruption, economic sanctions and money laundering.
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The Digital Markets, Competition and Consumers Act (DMCC Act) received Royal Assent on 24 May 2024 and is generally expected to come into force in autumn this year.
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Head of Legal Operations, Stephanie Hamon, will be joining the panel discussion on "Simplifying Legal Tech Adoption and Implementation" at the Legal Tech Talk conference on June 13th (3:30 - 4:15 PM).
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