Brazilian Labor Law: Ensuring Equal Pay for Equal Work

On November 23, 2023, Brazil’s Ministry of Labor issued Federal Decree No. 11,795/2023. This update to Brazilian Labor Law regulates its “Equal Pay Law” 14,611 of July 3, 2023 and came into effect immediately.   Companies with 100 or more employees are now required to publish biannual salary transparency reports. In cases of pay disparities, employers must…

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ESG Reporting and SEC Enforcement

In recent years, the Securities and Exchange Commission (SEC) has been increasingly focusing on corporate Environmental, Social, and Governance (ESG) policies and statements. Fraudulent practices related to ESG efforts and outcomes have come under scrutiny, as investors are now considering ESG factors when making investment decisions. The SEC has initiated enforcement actions against companies for…

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