Corporate Governance Update Vietnam
Vietnam has adopted significant amendments to its anti-corruption and administrative accountability framework that may indirectly affect EU-invested enterprises operating in the country.
The New Pay Transparency Act Is Coming in a Few Months – (All) Employers Should Prepare
Since 2017, employees in Germany have had the right to request information from their employer about the salaries of colleagues performing the same or equivalent work – at least where the employer employs more than 200 employees in the same operation. Under the new version of the Pay Transparency Act (Entgelttransparenzgesetz – EntgTranspG), this limitation will be removed, and employers will even have to inform their employees about this right – otherwise, a fine may be imposed.
Read more … The New Pay Transparency Act Is Coming in a Few Months – (All) Employers Should Prepare
Increased transparency, increased liability: stricter requirements on product information in 2026
The German Unfair Competition Act (UWG) will be significantly stricter starting September 27, 2026 with a focus on public information e. g. in online shops. Environmental-related statements such as “sustainable” or “environmentally friendly,” “resource-efficient,” “CO₂-reduced,” or “climate-neutral” may no longer be made without appropriate evidence. If such statements are made, the amendment to the law imposes high transparency requirements to ensure that the statements can be verified.
