Global InSight: 26 February 2010

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Global InSight
26 February 2010

Japan: Change to visa renewal guidelines to be introduced from April 2010
Earlier this year, we highlighted a new guideline, to be introduced in April 2010, which would require visa renewal applicants in Japan to present their Health Insurance cards as proof of enrollment in the Japanese Health Insurance program. It has just come to light that the Ministry of Justice will be scrapping this requirement before its scheduled introduction. Read more Print

United Kingdom
Immigration: Changes to student immigration rules
The Home Secretary has announced this week that effective 3 March, 2010, foreign students will need to meet tougher criteria in order to study in the U.K. - and restrictions will be placed on both students and their dependants in respect of their ability to work in the U.K. Read more Print

Global Rewards Updates
Japan: Current and former employees of major financial institutions audited for non-compliance with equity compensation reporting rules
According to press reports released on February 19th, 2010, the Tokyo Regional Tax Bureau (TRTB) has identified at least 100 Japanese employees of a major global financial institution that have failed to meet their individual tax compliance obligations with respect to the equity compensation awarded by the non-Japanese parent company. Read more Print

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