Multinationals are attractive targets for fraudsters who specialize in business email compromise, or BEC, which can involve "spear phishing," hacked email accounts or other ploys. To stop BEC scammers from harming your organization, you need to understand how they operate.
Last year, UK authorities started requiring organizations with 250 or more employees to gather statistics about their gender pay gaps. The results were published this month, revealing that women are underrepresented in leadership positions, that some industries are downright hypocritical in their practices, and much more.
Applying one set of HR policies and procedures across multiple countries of operation is usually a recipe for misunderstandings, low employee morale and reduced profits. Multinationals need to take time to study an unfamiliar culture before hiring employees there. Here are some important areas to consider.
Global M&A volume surpassed $1 trillion already this year. That’s the fastest start ever according to Dealogic, and nearly double the 23-year average. The story behind the reasons for the surge is complex and evolving, as is the global M&A landscape itself.
This month, the OECD released a report on taxation and the digital economy. We put the report in context and summarize its high points so you know what leading authorities are saying about the subject now.
Digitizing VAT is the first phase of the UK’s Making Tax Digital program, designed to modernize the country's tax system. UK authorities have revised related deadlines, which call for certain businesses to keep digital records and submit VAT returns using compatible software.
Foreign governments and multinationals have started investing heavily in India, thanks in part to Prime Minister Narendra Modi’s economic reforms. We tell you why India is so appealing to some foreign investors, and why others are still reluctant to enter one of the world’s largest, fastest-growing markets.
Hong Kong companies must now collect and retain information about their beneficial owners. The new law is part of a global effort to enhance corporate transparency.
Theresa May gathered her Brexit “war cabinet” last week to solidify her government’s Brexit strategy before delivering a highly-anticipated speech on Friday. This post summarizes recent UK and EU Brexit publications and gives a picture of how far the UK has come in its efforts to provide businesses with certainty about how its economy will operate after Brexit.
As millennials flood into the global workforce, companies may need to adjust some of their practices to keep these younger workers in their jobs. The first step to retaining them is determining what they value in the workplace.
There are few global industries hotter than co-working, or the practice of renting shared office space to freelancers, startups and other companies. The rise of co-working recently prompted Beijing authorities to add new business-registration requirements, which may be a sign of global regulatory changes to come.
Spurred by the OECD’s BEPS initiative, over 100 countries around the world are implementing new transfer pricing requirements. Some organizations assume these requirements only apply to multinationals with group revenue of 750 million euros or more. The reality is that many new countries have much lower thresholds. We explain what multinationals need to know now to comply.