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The annual rate of inflation worldwide, as measured by the consumer price index (CPI), accelerated to 9.2 per cent in March 2022, up from 7.5 per cent in February 2022, 6.8 per cent in January 2022 and 6.4 per cent in December 2021 (figures by ILO) The inflation rate in March 2022 was more than […]
Care at work: Investing in care leave and services for a more gender equal world of work. Based on an ILO legal survey of 185 countries, the report reviews progress made around the world over the past decade while assessing the persisting and significant legal gaps that translate into a lack of protection and support […]
The Governing Body of the International Labour Organization has approved a set of guidelines on general principles of labour inspection. New guidelines on labour inspections will complement existing International Labour Organization Conventions and advance respect for labour rights in the world of work. The guidelines relate to the organization, structure, competences and operation of labour […]
The Committee of Experts on the Application of Conventions and Recommendations, whose work constitutes the cornerstone of the ILO’s supervisory system on international labour standards, has just published its annual report . International labour standards, which are made up of Conventions, Protocols to Conventions and Recommendations, are universal instruments adopted by the international community and […]
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 […]
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.