O365 Unified Labelling - Policy Creation

Create-UL-Policy.ps1

# Define credentials
$AdminCredentials = Get-Credential "myadmin@oholics.net"
# Create the session
$Session = New-PSSession -ConfigurationName Microsoft.Exchange -ConnectionUri https://ps.compliance.protection.outlook.com/powershell-liveid/ -Credential $AdminCredentials -Authentication Basic -AllowRedirection
# Import the session
Import-PSSession $Session -DisableNameChecking
# Define the tenant
$MyTenant = "CN=Configuration,CN=<TenantID>.onmicrosoft.com,OU=Microsoft Exchange Hosted Organizations,DC=FFO,DC=extest,DC=microsoft,DC=com"
# Get the labels to add to the policy
$Label1=Get-Label -Identity "CN=My Label,$MyTenant"
$Label2=Get-Label -Identity "CN=My Sub Label,$MyTenant"
# Create the Label Policy
New-LabelPolicy -Name "My Label Policy" -Labels $Label1.name,$Label2.Name -ExchangeLocation "All" 
# Set the advanced settings on the new policy
Set-LabelPolicy -Identity "My Label Policy" -AdvancedSettings @{EnableCustomPermissions="False"}
Set-LabelPolicy -Identity "My Label Policy" -AdvancedSettings @{AttachmentAction="Automatic"}
Set-LabelPolicy -Identity "My Label Policy" -AdvancedSettings @{HideBarByDefault="False"}
Set-LabelPolicy -Identity "My Label Policy" -AdvancedSettings @{RequireDowngradeJustification="True"}
# When you are totally finished, disconnect the session
Remove-PSSession $Session