EUROPEAN Union lawRULE of lawFollowing prolonged political controversy, the provisions from the initial Retained EU Law (Revocation and Reform) Bill which abolish general principles of EU law, as well as its supremacy, have been enacted. This article investigates whether this is likely to affect ...
Common law is a body of unwritten laws based on legal precedents established by the courts. Common law influences the decision-making process in unusual cases where the outcome cannot be determined based on existing statutes or written rules of law. The U.S. common-law system evolved from a ...
What's first important to note here is that the EU's Artificial Intelligence Act has not yet been enforced. Rather, it is still being fleshed out and altered so the European Parliament can reach a consensus on the final product. However, this act may come into law in the near future, s...
As noted above, the federal tax code in the U.S. is called the Internal Revenue Code (IRC). Enacted by the U.S. Congress, it is made up of a series of laws that are designed to raise revenue for the federal government and are enforced by theInternal Revenue Service (IRS).1 The I...
The law, enacted in 2022, requires auto enrollment in 2025, but some question whether it does enough. Published Feb 8, 2024 1:36 p.m. PST· 3 min read Written by June Sham Lead Writer Edited by Pamela de la Fuente Assigning Editor Fact CheckedMany, or all, of the ...
There is not an earned income requirement for 2021. Advance Child Tax Credit Payments The expanded and newly-advanceable Child Tax Credit was authorized by the American Rescue Plan Act, enacted in March of 2021. Most families do not need to do anything to get their advance pay...
Focus is expanding on the ESG and sustainability practices of supply chains. Law departments need to be proactive now to mitigate risk. Learn how.
The 2021 EY Law Survey finds the challenges to effective legal entity management. Learn more. 15 Jun 2021Mike Fry+ 2 The General Counsel Imperative: How does contracting complexity hide clear profitability? The 2021 EY Law Survey uncovers the requirements that contracting teams should address to be...
The McFadden Act of 1927 is a U.S. federal law that gave individual states the authority to govern bank branches located within state borders. While the McFadden Act permitted national banks to operate multiple branches within a state's limitations, it prohibited interstate banking or the expansi...
(RESPA) was enacted by the U.S. Congress in 1975 to provide homebuyers and sellers with complete settlement cost disclosures. RESPA was also introduced to eliminate abusive practices in the real estate settlement process, prohibit kickbacks, and limit the use of escrow accounts. RESPA is a ...