News

On June 17, 2021, the California Occupational Safety and Health Standards Board voted to approve certain revisions to the Division of Occupational Safety and Health’s (Cal/OSHA’s) COVID-19 Emergency Temporary Standards (Revised ETS).

Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of occupational pensions....
By: Allen & Overy LLP

Many people think that estate planning is just about what happens when someone dies. However, an equally-important part of estate planning is ensuring that you are cared for while you are still alive.

Special Session Begins, Peacetime Emergency Continues The legislature began a special session on Monday, June 14, at noon. Special session was necessary for Governor Tim Walz to extend the state’s peacetime emergency due to COVID-19.

Yesterday, the Cal/OSHA Standards Board approved several significant changes to the Emergency Temporary Standards (“ETS”) that relax protocols for vaccinated employees, revise face covering requirements, and remove physical distancing standards.

Profound changes to the Valuation for Duty Regulations are on the horizon. We previously alerted readers that the federal government of Canada had included a number of provisions in its 2021 budget that would impact international trade and customs regulation in Canada.

Earlier this week, Treasury Secretary Janet Yellen testified before the Senate Finance Committee and the House Ways and Means Committee on President Biden’s Fiscal Year (FY) 2022 budget request. Click here for a full summary of the hearings. This alert includes summaries of both hearings.

The Uniform Commercial Code was established to provide predictability and conformity in commercial transactions. Certain states have adopted nonstandard UCC provisions, which create an unreliable and unpredictable market for secured creditors.

Board members are expected to have adequate knowledge and understanding of climate-related and ESG risks.

While the 2020 Regulations permit informal resolution, the parties (complainant and respondent) must be willing to give informal resolution a try, or the institution cannot attempt to resolve informally.

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