February 8, 2010
Thanks to our member, the Law firm White & Case,we updated the "overview of laws", a part of our Directory.
The process concerns 22 countries including several ones particularly important in terms of Financial Participation.
In preparing the country summaries for global equity based compensation plans, W.& C. has attempted to provide, for guidance only, and not as legal advice, the most up-to-date information available on relevant law and practice in each country. Each summary is intended to reflect such law and practice as at November 2009. Please note, however, that recent amendments and legal interpretations of the local law may not be included in these summaries. In addition, corporate governance, administration, and option plan design facts that are specific to particular companies may impact how the local laws affect the company’s equity based compensation plans.
With these concerns in mind, companies should not rely on the information provided in these summaries when implementing their stock plan
