Episode 8 - The Movement of Money — Who Holds the Keys? The Impact of Local Exchange Controls on Award Recipients
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Manage episode 163968012 series 1288027
Brian Wydajewski welcomes Denise Glagau — Global Equity Services Partner at Baker & McKenzie — to discuss currency exchange controls and the impact they can have on equity compensation awards in various countries.
In this 10-episode series of Talking Stock, Baker & McKenzie's Global Equity Services Practice outlines 10 strategies to maximize the rewards and mitigate the risks of your global equity program.
Key Takeaways:[0:58] Esq. Glagau describes the way government currency exchange controls can affect the equity compensation awards and the requirement differences from one country to the next.
[5:20] Some employee specific obligations have to be met, and the consequences of being non-compliant could affect the company directly.
[7:50] Companies can be reticent in providing information to employees when they are not under obligation to do so, this is an area where it serves all parties to be transparent.
[8:37] Currency exchange doesn’t always directly involve the employee, an example being tax deductions at source, and these exchanges may have specific requirements.
[11:05] Esq. Wydajewski summarizes the key aspects of managing exchange controls and introduces the next episode.
Mentioned in This Episode:Disclaimer:
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18 episodes