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Compliance challenges in emerging markets- Interesting read

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Compliance challenges in emerging markets Newsletters May 23 2016 | Contributed by Arnold & Porter (UK) LLP Introduction Multinational companies have increasingly looked to emerging markets for new business opportunities and continued growth. In many instances, these markets present opportunities for companies to increase revenues and enhance their competitive positions. However, conducting business in many of these markets presents significant challenges that may include: inadequate infrastructure; political uncertainty; underdeveloped rule of law; currency fluctuation; and the need for short-term capital in the hope of realising long-term return on investment. Compounding these challenges is the reality that many emerging markets present serious corruption risks. Endemic corruption in many of these markets increases potential legal liability, creates an unlevel playing field, diverts resources and often perpetuates deeply entrenched economic inefficie

Cybersecurity and Data Breaches: How In-House Counsel Can Engage the Board - Interesting read

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Cybersecurity and Data Breaches: How In-House Counsel Can Engage the Board By Olga Mack and Carly Alameda  |  2016-Jan-19     A company's board of directors has a duty to oversee all aspects of the company's risk management efforts. This includes a duty to recognize and minimize the company's exposure to cyber attacks. In today's increasingly digital age, a company faces a variety of threats to its data — including confidential company information and sensitive customer information — from various sources, ranging from sloppy or malicious current or former employees to third party hackers. And those executing the purposeful and targeted attacks are increasingly more sophisticated, highly organized, financially-motivated criminals, rather than amateur hackers or college pranksters. Such attacks not only put valuable information at risk, but can also adversely affect a company's competitive positioning, stock price, good will, and shareholder

PRINCIPAL EMPLOYER NOT LIABLE FOR PF DUES OF CONTRACTOR

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Express your Like on Facebook Share this on Facebook Tell this to your Friends Say this on Twitter Share this on LinkedIn in Share Pin this on Pinterest Share this on Google Plus Post your comments Enter your comments here... 0 /250 Post View on the website » Engaging contract labour has become a necessity for every employer in order to survive in the competitive scenario.  The provident fund authorities insist that principal employer will be liable for EPF contributions for the employees of the contractor.  The following articles highlights with judicial interpretations that the principal employer cannot be held liable for the dues payable by the contractor.  PRINCIPAL EMPLOYER NOT LIABLE FOR PF DUES OF CONTRACTOR