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According to the experts of International Monetary Fund (IMF) global crypto regulation should be comprehensive, consistent and coordinates. In this sense the IMF’s mandate is to safeguard the stability of the international monetary and financial system, and crypto assets are changing the system profoundly. Crypto assets and associated products and services have grown rapidly in […]
The OECD published on 20 December 2021 detailed rules to assist in the implementation of a landmark reform to the international tax system, which will ensure Multinational Enterprises (MNEs) will be subject to a minimum 15% tax rate from 2023. The Pillar Two model rules provide governments a precise template for taking forward the two-pillar-solution […]
We continue to receive recognition in different areas. Sincro Global Outsourcing (SincroGO) has been recognized with the special mention “TOP Placers 2021” (Accountability) in the prestigious GO Global Awards. More than 6,000 entries for the GO Global Awards 2021 In this year’s 2021 edition, according to data provided by the organization, a total of 6,416 […]
The Third Vice-President and Minister for Labour, Yolanda Díaz, has defended the policies that should contribute to reducing the gender gap in the international labour market with her G20 counterparts by promoting the quality of employment and achieving a more equitable distribution of men and women in all sectors and occupations. “In Spain, in addition […]
The Council today (22 February 2021) adopted conclusions on the revised EU list of non-cooperative jurisdictions for tax purposes, deciding to add Dominica to the EU list of non-cooperative jurisdictions and to remove Barbados from that list. Tax good governance The list includes jurisdictions worldwide that either have not engaged in a constructive dialogue with […]
The latest analysis of the labour market impact of COVID-19 by the ILO, records massive damage to working time and income, with prospects for a recovery in 2021 slow, uneven and uncertain unless early improvements are supported by human-centred recovery policies. Tentative signs of recovery are emerging in global labour markets, following unprecedented disruption in […]
European Parliament calls for an EU law that grants workers the right to digitally disconnect from work without facing negative repercussions. In their legislative initiative that passed with 472 votes in favour, 126 against and 83 abstentions, MEPs call on the Commission to propose a law that enables those who work digitally to disconnect outside […]
The Global Risks Report 2021 is the 16th edition of the Forum’s annual analysis and looks back at a year ravaged by a global pandemic, economic downturn, political turmoil and the ever-worsening climate crisis. The report explores how countries and businesses can act in the face of these risks. Unsurprisingly, one of the big changes […]
European Central Bank (ECB) has just publishes supervisory banking statistics for the third quarter of 2020. Main figures Capital ratios of significant institutions increase in third quarter of 2020, with aggregate total capital ratio standing at 19.05% (up from 18.66% in second quarter of 2020) Aggregate NPL ratio falls to 2.82% – lowest level since […]
Today is International Day for the Elimination of Violence Against Women. Eliminating gender-based violence and harassment in the world of work requires tackling its underlying causes. The ILO has established new global standards aimed at ending violence and harassment in the world of work. Convention No. 190 Violence and harassment in the world of work deprives […]
Sincro’s blog is designed to provide daily information on labour, fiscal and economic news. We do not provide free advice nor do we answer personalized queries that come to us through the blog. If you need advice, do not hesitate to contact our Team of Experts to request a quote.