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1. An important piece of legislation designed to address and mitigate the potentially grave economic consequences of the coronavirus, Governmental Decree No. 47/2020 (III.18.) entered into force on 19 March 2020 (the ...
Government Decree 102/2020 (IV. 10.) (the “Decree”), which entered into force on 11 April 2020, amends the ordinary decision-making rules of companies in response to the state of emergency. In general, the purpose of ...
Following the introduction of state subsidies in Western Europe, in the midst of the COVID-19 pandemic the Hungarian Government has also adopted a legal framework for reduced working time and the related State subsidy ...
The outbreak of Novel Coronavirus (COVID-19) has become a worldwide pandemic, and based on the World Health Organization’s declaration that this is a public health emergency of international concern, and due to the ...
A summary of some recently asked questions in light of COVID-19 for Hong Kong listed companies or those in the IPO process.
The Legislative Council Finance Committee approved funding on 18 April 2020 to launch the HK$81 billion Employment Support Scheme (ESS) as soon as possible.
Further to our last article in which we discussed that the Stock Exchange of Hong Kong Limited (“SEHK”) and the Securities and Futures Commission (“SFC”) issued the Joint Statement in Relation to Results Announcements ...
Hong Kong wage subsidy subject to employers undertaking not to implement redundancy during 6-month subsidy period
On 18 May 2020, the Government introduced the detailed implementation plan for the Employment Support Scheme (ESS), the application of which will start at 7:00 am on Monday, 25 May 2020 via the ESS Online Portal.
On 12 May 2020, the Government unveiled details concerning the latest arrangements for the Employment Support Scheme (ESS). Employers and self-employed persons will be able to apply online starting from 25 May 2020.
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