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Newsletter July, 2020

Mastercard new initiative in support of SMEs

July, 2020
  • Mastercard commits USD 250 million for financial, technology, product and insight assets support in US and other countries.
  • Additional USD 33 million will be given to reboot Indian SMEs, especially on business digitalisation and access to finance.

US legislations on employers’ liability protection clauses in case of Covid-19 could become a federal issue

July, 2020
  • If this regulation is adopted, employers’ liability would be limited to acts of gross negligence or intentional misconduct.
  • The law would have retroactive effect from 2019 and be in force until 2024.
Newsletter May, 2020

American Staffing Industry and Retail Industry Team up

May, 2020
  • Two key industries help placement of workers during the Covid-19 pandemic

US New Regulations on Paid Sick Leave and Support Measures for Unemployed Workers

May, 2020
  • US Government approved the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and the Families First Coronavirus Response Act (FFCRA) (Public Law 116-127) to support workers and their families

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