International Trade Elections & Politics

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President Obama Highlights TPP, Cuba Embargo in Final State of the Union Address

On January 12, President Obama delivered his seventh and final State of the Union Address to Congress and the American people. Among the many topics that he raised in this annual speech were two trade-related priorities that...more

EU and US Announce New Privacy Shield for International Data Transfers

On Tuesday 2 February 2016, the EU Commission and US Department of Commence announced that they had reached "political agreement" on a new privacy framework for transfers of personal data between Europe and the United States....more

Enforcement Action Possible Against Those Who Rely on Safe Harbor to Transfer Information from the EU to the United States

Wednesday, February 3, brought additional developments pertaining to the transfer of personal data from the EU to the U.S. consistent with EU privacy law. Just one day prior, we reported on the announcement by the EU and U.S....more

Agreement Reached on EU-U.S. Privacy Shield, Replacing Former Safe Harbor

On February 2, 2016, the European Commission, the executive body of the European Union (“EU”), and the United States announced an agreement on a new alternative, called the “Privacy Shield,” to replace the former “Safe...more

Investment in Morocco and opportunities for companies in the Western Sahara

Morocco's advance as a regional trade and finance hub - Morocco has made significant strides in its development objectives over the last decade. This progress has been anchored by a concerted strategy to economically and...more

New Safe Harbor Still Hangs in the Balance

The European Union Court of Justice’s invalidation of the EU-USA Safe Harbor for data transfers between the two continents remains subject to question at the end of this week after the European Commission blew its January 31...more

IP & Technology Newsletter: Winter 2016

In today’s business world, protecting trade secrets is of vital importance. A trade secret is anything which gives a company a competitive advantage and is kept confidential, including a design, formula, manufacturing...more

White House Publishes Third Round of Regulatory Reforms to Cuba Sanctions: 'Musicabana' also Announces Major International Music...

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) and the Commerce Department's Bureau of Industry and Security (BIS) recently published a series of revisions to the Cuba sanctions regime that appear to...more

EU-US agreement reached on replacement to EU-US Safe Harbor; new program to be called "EU-US Privacy Shield" : The Privacy Shield...

EU Justice Commissioner Vera Jourová and her colleague Andius Ansip gave a press conference this afternoon (local time) announcing that the long-running negotiations between the EU and US to find a replacement to the...more

"OFAC and BIS Ease Cuba Restrictions With New Amendments"

On January 27, 2016, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Department of Commerce’s Bureau of Industry and Security (BIS) further eased U.S. sanctions and export control regulations...more

FDA Places Ban on Import of GE Salmon

Reversing course from the end of 2015, FDA recently announced an import ban on genetically engineered (GE) salmon until such a time as comprehensive labeling guidelines are introduced. Despite FDA’s approval of GE salmon in...more

Another Shoe Drops: More Changes to the U.S. Cuban Sanctions from the White House

On January 25, the Obama Administration made concurrent announcements about its evolving posture on the Cuban sanctions. On that date, the Office of Foreign Assets Control (OFAC) released more changes to the Cuban Assets...more

Leaders Discuss Issues Facing Florida Manufacturers

As part of its ongoing 2016 State of Manufacturing Tour, the National Association of Manufacturers (“NAM”), including CEO Jay Timmons and others, stopped in Tampa, Florida on January 28 and 29, 2016. The visit included tours...more

EU Data Protection Authorities Issue Statement Following Agreement on EU-U.S. Privacy Shield

On February 3, 2016, the body of European data protection regulators—called the "Article 29 Working Party" (WP29)—issued a statement following the announcement of a political agreement regarding a new transatlantic data...more

How do you like your rum?

I don’t know what the record is for the longest time it has taken for a trademark application to clear the Trademark Office, but I’m pretty sure that Havana Club would medal. The application for the Havana Club mark for rum...more

Following US and EU Lead, Canada Lifts Sanctions Against Iran

Canada’s Minister of Foreign Affairs, Stéphane Dion, announced on January 26, 2016 that Canada will be lifting some of its economic sanctions against Iran. This announcement comes shortly after the United States and the...more

Replacing Safe Harbor: EU-U.S. Privacy Shield Announced

After January 31, 2016, the deadline imposed by WP29 expired. Pessimism was expressed regarding the ability of the EU and U.S. to reach a deal that addresses the requirements set out by the Court of Justice of the European...more

UK-Iran Trade – A New Chapter

The UK Foreign & Commonwealth Office recently hosted a panel discussion with UK business leaders to clarify UK trade policy on Iran following the lifting of sanctions. The principal points of note for those interested in...more

EU and U.S. Reach a Political Agreement on Transatlantic Data Transfer Deal

On February 2, 2016, the European Commission (EU Commission) announced that a political agreement on a new legal framework for data transfers has been reached between the European Union (EU) and the U.S.1 Today's agreement...more

New ‘EU-US Privacy Shield’ to replace Safe Harbour

On February 2, 2016, in a meeting conducted in Brussels, the European Commission and the United States agreed on a new framework for transatlantic data flows. With all the negative connotations surrounding it, the name “Safe...more

International Trade & Regulatory Advisory: Cuba Update: Latest Changes Signal Expansion of Business Opportunities

On January 26, 2016, as part of the Obama Administration’s ongoing efforts to normalize relations with Cuba, the Department of Commerce, Bureau of Industry and Security (BIS) and the Department of Treasury, Office of Foreign...more

Revised Safe Harbor Agreed: Introducing the New “EU-U.S. Privacy Shield”

European Commission and U.S. officials today announced reaching a “political agreement” on a new Safe Harbor framework. The new framework will be called the “EU-U.S. Privacy Shield.” ...more

New EU US Privacy Shield Announced as a Replacement for the EU US Safe Harbor Program

February 2nd the European Commission and the Department of Commerce announced that they have reached an agreement on a new framework to replace the EU US Safe Harbor Program. The European Court of Justice (ECJ) found the...more

Negotiators Reach Agreement on Replacement EU-U.S. Safe Harbor

After nearly four months of diplomatic discussions, negotiators reached agreement on February 2, on how the U.S. and the European Union share data across the Atlantic. The new agreement, called the EU-U.S. Privacy Shield,...more

UK Financial Regulatory Developments - January 2016 #14

Treasury Committee publishes banking IT failure correspondence - The Treasury Committee has published correspondence between Andrew Tyrie, PRA, FCA and between him and RBS, HSBC and Barclays, relating to IT failures at...more

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