España
The European Commission approves the first set of sustainability reporting standards to be used by companies
In compliance with the mandate given in the corporate sustainability reporting directive (CSRD), the European Commission has approved a delegated act adopting the first set of reporting standards.Spain: The clauses of a tender which result in an abuse of dominant position by a sports federation are null and void
In a judgment in which Garrigues acted as legal director, the Provincial Appeal Court of Madrid confirms that the clauses in the bidding conditions for soccer audiovisual rights that constitute an infringement of Articles 102 of the Treaty on the Functioning of the European Union (TFEU) and 2 of the Antitrust Law (LDC) are null and void, although this is not the legal consequence provided for in those provisions.Spain: These are the social security rules applicable to workers relocated abroad
A new piece of legislation defines in detail the cases in which relocated workers will be treated as having registered status for social security purposes, such as in the absence of a bilateral agreement, where such an agreement does not apply to the specific case concerned, or the maximum period for keeping up contributions in the worker’s country of origin has ended.Spain: Royal Decree 668/2023 amends the regulations on pension plans and funds
The royal decree contains, among other new legislation, implementation of the rules on simplified occupational pension plans, the rules on the non-discrimination principle and the provisions on merging plans where corporate transactions result in the same company becoming sponsor of more than one occupational pension plan or sponsor of an occupational pension plan and at the same time policyholder for one or more employee welfare and pension benefit plans.Spain: The Royal Decree implementing the RED Mechanism provides that closures of work centers will require six months’ notice
The RED Mechanism for employment flexibility and stabilization created in the recent labor reform allows measures for the reduction of working hours and suspension of employment contracts. The legislation also amends the regulations governing collective layoff procedures by providing for six months’ notice in the case of closure of a center.