International Trade Updates

Read need-to-know updates, commentary, and analysis on International Trade issues written by leading professionals.
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Invest Europe publishes new handbook

Invest Europe has published its 2015 Handbook of professional standards and conduct of business for the private equity industry....more

IFSB publishes 2015 indicators

IFSB has published its second set of Prudential and Structural Islamic Financial Indicators from 16 member countries....more

USPTO Launches Public Global Dossier Access

On November 20, 2015, the U.S. Patent and Trademark Office (USPTO) launched Dossier Access – a public online interface providing access to the file histories of related applications from participating patent offices around...more

Defining Compliance 2.0: The Board (Part 1 of 5)

This week I am devoting five postings to defining the “new” model of ethics and compliance – Compliance 2.0. If you read through compliance writings, blogs, articles, white papers, and other sources, you will see the...more

Schrems & The Collapse of Safe Harbor: What Are The Alternatives to EU Data Collection? [Video]

In the second part of a Front-Line interview, Jo Sherman, CEO, EDT, shares her views on how organizations can comply with new EU regulations in the context of the recent Schrems decision, and the collapse of safe harbor. As...more

Market Volatility Delays Shenzhen-Hong Kong Stock Scheme Launch

On November 17, 2015, at a ceremony in Hong Kong marking the first anniversary of the Shanghai-Hong Kong Stock Connect scheme, Hong Kong Exchanges and Clearing (HKEx) chief executive Charles Li Xiaojia confirmed that the...more

Turkey’s “Additional Customs Duties” – Will Medical Devices Be Next?

In 2011, Turkey imposed for the first time “additional customs duties.” These are duties as high as 50% imposed on top of normal customs duties on certain goods entering the Turkish territory. These additional customs...more

High Court Reaffirms the Broad Scope of Legal Advice Privilege

In a High Court ruling on 5 November 2015, Mr. Justice Snowden helpfully reaffirmed the established precedent that legal advice privilege is not confined to telling the client the law: it may also attach to factual updates...more

Groundbreaking, Multilateral Trans-Pacific Partnership Trade Talks Conclude – Enactment Pending Lawmakers Assessment of the Deal

After nearly a decade of talks, the United States and eleven other negotiating partners announced on October 5, 2015 the conclusion of the Trans-Pacific Partnership (TPP) trade agreement, marking an important milestone toward...more

Thanksgiving Checklist for your International Depositions

Thanksgiving is just around the corner, reminding us to count our blessings in all areas of our lives. There are blessings tucked into our professional as well as personal lives, whether it be the good fortune to work with...more

Up to the challenge: Investing in banks

Despite bleak growth prospects for banks after the global financial crisis, financial sponsors have embraced the opportunities the restructuring of the banking sector has provided, and have proven themselves adept at managing...more

Just Like Any Good Recipe, Alberta’s Climate Leadership Plan Has a Little Bit of Everything

On Sunday, November 22, 2015, just days before the United Nations conference on climate change in Paris, Alberta released its Climate Leadership Plan (Plan) together with the Climate Leadership Report (Report) upon which it...more

2015 Proskauer Annual Review and Outlook for Hedge, Private Equity and Other Private Funds

Proskauer has released the 2015 Proskauer Annual Review and Outlook for Hedge, Private Equity and Other Private Funds. The 88-page report is a summary of significant legal changes and developments in the private funds space...more

FCC Seeking Expedited Comment on Opening Service Provider Opportunities between U.S. and Cuba

With President Obama’s announcement last December that the United States is charting a new course in its relations with Cuba, the Federal Communications Commission (“FCC” or “Commission”) is taking expedited steps to open up...more

Post-Approval Quality Control Testing of Pharmaceutical Products: What Constitutes 35 U.S.C. § 271(g) Infringement or Falls Under...

The Federal Circuit recently affirmed that a generic pharmaceutical company’s use of post-approval quality control testing was not “making” under 35 U.S.C. § 271(g). See Momenta Pharmaceuticals, Inc. et al. v. Teva...more

Outlook: What does the future hold?

Historically, financial sponsors approached financial services investments with caution. Since the financial crisis, however, things have changed, creating valuable opportunities for financial sponsors to invest in a sector...more

Economic Freedom, “Hong Kong Style”: Respecting Privacy And Ensuring Companies Can Resolve Disputes Efficiently

Hong Kong has always been known for its economic freedom. However, that economic freedom needs rules and protections to operate on a day-to-day basis. Recently, Hong Kong has taken bold steps forward with new rules and...more

Lawyer Sues DDTC Over "Public Domain"

A New York City attorney is suing the U.S. State Department over a proposed change to the International Traffic in Arms Regulations (ITAR). The change pertains to how the regulations define “public domain,” and, if...more

UK Banking Regulator Finalizes Rules Requiring Adherence to Contractual Stay

On November 13, the Bank of England’s Prudential Regulation Authority (PRA) published a final policy statement titled “Contractual Stays in Financial Contracts Governed by Third-Country Law” (the PRA Policy Statement). These...more

What Can We Expect From The EU General Data Protection Regulation?

After over three years of discussions at many levels, it is now clear that the proposed EU data protection framework will be revised, and that it will be in the form of a Regulation – the General Data Protection Regulation....more

Fintech: The disruptive force for good

The disruption in the financial services industry caused by technological advances has created fertile ground for financial sponsors who excel at promoting innovation and investing in new, untested...more

Claims Made Clauses - Is a Policy Review Advisable in Light of the Principles Recently Laid Down by the Italian Court of...

A contribution to the ongoing debate about the validity and effectiveness of the claims made clause, was made by the very recent judgment of the Italian Court of Cassation (no. 22891/2015 of 10 November 2015) which offers...more

Summary of ISS 2016 Policy Announcements

Institutional Shareholder Services (ISS) issued new U.S. voting policies and an updated Equity Plan Scorecard FAQ, both effective for annual shareholder meetings occurring on or after February 1, 2016. This alert provides a...more

A “Big Deal”: Latest U.S.-China Talks Signal Progress for Protection of Trade Secrets

Expectations didn’t appear high for the latest round of China-U.S. talks about a variety of economic issues including trade secret protection. As previously discussed at TSW, China had not signed onto the Trans-Pacific...more

G20 publishes Antalya communiqué

G20 has published a communiqué following the meeting of G20 Leaders in Antalya. This summit focused on financial regulation, international tax, anti-corruption, reform of the International Monetary Fund, climate change,...more

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