Sponsored

Increased pay supplements have been introduced for night work, weekends, and holidays. The increase was split into two phases, with the first increase implemented as of May 1 2018 and the second increase slated to come into force on May 1 2019. The existing 30% supplement for night work for non-hazardous occupations will increase to 40%, and the existing 35% pay supplement for hazardous occupations will go up to 50%. The supplement for work on Saturdays will go up from 25% to 50%, and up from 50% to 100% for work on Sundays. Calculation of all the supplements is based on the existing minimum hourly wage, which on January 1 2019 was raised from €2.759 ($3.10) to €2.989. The supplement for work on holidays will increase from the existing rate of 50% of the employee's average hourly wage to 100% of the employee's average hourly wage.

Jake Robson, Gordon Milner and Nick Davies from Morrison & Foerster discuss cross-border regulatory challenges and how fintechs can plot a path of compliance

Hong Kong SAR has made significant efforts to remain a pioneering testing ground for fintech in the APAC region. King & Wood Mallesons' Urszula McCormack examines the market’s recent developments

Urszula McCormack of King & Wood Mallesons introduces the 2019 Asia-Pacific Fintech Special Focus with a region-wide look at trends

An overview of infrastructure project financing in Nigeria, by Nicholas Okafor and Adeola Sunmola of Udo Udoma & Belo-Osagie

Before signing an M&A deal, many parties agree to try to settle any dispute in good faith before turning to the courts. Uzoma Azikiwe, Festus Onyia and John Aga of Udo Udoma & Belo-Osagie look at how these agreements are treated

Onyinye Okafor, Joseph Eimunjeze and Adedolapo Akinola of Udo Udoma & Belo-Osagie review the efforts being made to modernise the corporate finance sector and encourage activity

Egypt’s corporate and legal framework has undergone a number of recent reforms to incentivise foreign investment. Al Tamimi’s Mohamed Gabr and Ingy Darwish explore the key changes

Nigeria overhauled key aspects of its M&A and merger control regimes in 2019. Nosakhare Aguebor, Yemisi Falade and Geoffrey Adonu of G Elias & Co investigate the changes