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Inside Internal Controls

News and discussion on implementing risk management

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Financial incentives

New anti-spam legislation could bolster Canadian privacy commissioner’s call for greater PIPEDA enforcement powers

Canada’s new anti-spam legislation comes into effect later this year, and it packs a punch—fines of up to $10 million per violation for companies and up to $1 million per violation for individuals. The government was clearly prepared to give regulators substantial teeth to both encourage compliance and punish non-compliance.

 

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Providing tax-free shares to forgo employment rights

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Interesting employment law developments are happening in the UK. Beginning in April 2013, British employees will be offered a new option in employment contracts, where they may own shares in the company they work for and in exchange, will forgo certain workers’ rights.

 

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