Japan: Revise legislation on bribery of foreigners
in short Japan has revised its regulations on the crime of bribing foreign public officials ("Criminal offense of bribing foreign officials") Pursuant to the Unfair Competition Act (UCPA) that takes effect on April 1, 2024 and updates the Guidelines on Preventing Bribery of Foreign Public Officials ("Overseas Bribery Guide") in February 2024. Key changes to the UCPA include increased fines and longer jail terms for individuals or companies that bribe foreign public officials, expanded corporate liability, and extended statutes of limitations. In response to this amendment, the Ministry of Economy, Trade and Industry (METI) updated the Overseas Bribery Guidelines to clarify corporate responsibilities, emphasize a risk-based approach to assessing bribery risks, and recommend that companies take practical measures such as internal rules, training and Review. The UCPA also applies to international companies, and they are encouraged to be aware of these updates and recent enforcement cases. The criminal offense of bribing foreign officials can apply to foreigners other than Japanese…
Australia: Long-awaited privacy and other legislation
in short Government proposes first phase of long-awaited reformsPrivacy Act 1988(No.)(“privacy laws") to be submitted to Parliament on September 12, 2024. thisPrivacy and other legislation amendments 2024("bill") was released two years after the Attorney General's report ("review》) put forward 116 suggestions for reforming the Privacy Act. Government response to review in September 2023 ("reply”), “agreed” to the 38 proposals that were implemented first, 23 of which are addressed in this bill. Please see our summary table for more details on how the new bill addresses the various proposals in the responses. Click here to access the full alert. The post Australia: The long-awaited Privacy and Other Legislation Amendment Bill 2024 has been implemented appeared first on Global Compliance News.
Switzerland: Revision of tobacco product legislation
Overview of the most important changes on October 1, 2024 in short The new Tobacco Products Law (TPL) and the revised Tobacco Products Ordinance (TPO) will come into force today, October 1, 2024. The new legislation makes important revisions to existing law. In particular, these relate to the regulation of electronic cigarettes (e-cigarettes), heated tobacco products and oral tobacco products (snuff). In addition, further measures have been taken to protect children and young people. content Background and purpose of revision Scope of application of new legislation Product ingredients and packaging protection of minors Tobacco product advertising Current tobacco product legislation in Switzerland is complex and dispersed across multiple acts and decrees. Furthermore, current Swiss tobacco legislation only applies to tobacco products. Tobacco-free products (e.g. e-cigarettes, snus, etc.) are considered articles for human contact under food and utility articles legislation. Additionally, there are no minimum age and advertising restrictions at the federal level, but regulation varies from state to state. With…
Ports support new legislation to promote offshore wind and
The American Association of Port Authorities (AAPA) has formally endorsed the Shoreline Economic and Ecosystem Reinvestment Act (RISEE), a major piece of legislation spearheaded by Senators Bill Cassidy (R-LA) and Sheldon Whitehouse (D-RI). The proposed law seeks to distribute a portion of federal revenues generated from offshore leasing activities to state governments. These funds are critical to improving port infrastructure, accelerating projects, and strengthening the domestic supply chain. Also read: Severe ship shortage causes delays in offshore wind farm construction “The RISEE Act provides a critical opportunity for the port industry to contribute to U.S. manufacturing by building a new wave of energy infrastructure,” said AAPA President and CEO Cary S. Davis. “We applaud Senators Cassidy and Whitehouse for their bipartisan leadership on this forward-looking proposal. AAPA strongly urges Congress to pass this legislation before the year is out.” Additionally, the RISEE Act proposes to remove the cap on federal-state revenue sharing through the Gulf of Mexico Energy Security Act…
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