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International Trade Updates

Read need-to-know updates, commentary, and analysis on International Trade issues written by leading professionals.

Germany Publishes Final Report from Project on Methodology for Identifying Granular Biopersistent Particles at Workplaces

by Bergeson & Campbell, P.C. on

Germany’s Federal Institute for Occupational Safety and Health (BAuA) has published the final report for the project “Methodology for the Identification of Granular Biopersistent Particles (GBP) at Workplaces.” The final...more

NAFTA Renegotiation Faces a Lengthy, Uncertain Future

by Perkins Coie on

On May 18, 2017, United States Trade Representative (USTR) Robert Lighthizer notified Congress that he is seeking to renegotiate the North American Free Trade Agreement (NAFTA). The notification triggers a 90-day consultation...more

Foreign Investment Reporting to the United States: In-Bound Investment into the United States

by McNair Law Firm, P.A. on

Businesses making investments in the United States, directly or indirectly, are required to report this investment to the United States government. This “in-bound” investment is reported to the United States Department of...more

Reminder: Modern Slavery Statement Deadline

by Dechert LLP on

A gentle reminder for all those with a turnover above £36 million and doing business in the UK. ...more

Implementation Decree for the Say-on-Pay Provisions of the Loi Sapin II Adopted

by Jones Day on

Adopted on 8 November 2016, the Sapin II Act (Loi Sapin II) introduced a compulsory ex ante vote on remuneration policy and an ex post vote on the amount of remuneration received in accordance with the policy passed the...more

Blockchain and the financial markets: Will 2017 be the year of the regulators? New rules covering blockchain and distributed...

by White & Case LLP on

In 2016, policy makers and regulators started to take an active interest in blockchain and distributed ledger technology (DLT). However, many adopted a "wait and see" approach rather than producing binding regulations. 2017...more

European Commission Consults on Operations of European Supervisory Authorities

by Jones Day on

On 21 March 2017, the European Commission published a consultation paper on the operations of the European Supervisory Authorities ("ESAs")...more

Evaluating human rights risks for mega-sporting event hosts

by DLA Piper on

Businesses involved in major sporting events will increasingly need to have a more sophisticated understanding of how their activities, products and services might be involved in adverse human rights impacts. In recent months...more

The Netherlands proposes changes to dividend withholding tax

by DLA Piper on

The Dutch government has released an attractive proposal to fully exempt withholding tax on dividends paid to non-resident shareholders in treaty countries provided certain conditions are met. Many multinational enterprises...more

Portuguese courts consider the enforceability of derivatives

by DLA Piper on

Within the last few years, derivatives have been under scrutiny by Portuguese courts, affecting not only derivatives entered into under agreements subject to local law, but also derivatives subject to International Swaps and...more

Modernization of French Bondholders' Rights

by Jones Day on

On 10 May 2017, an ordinance was adopted by the French government ("Ordinance") in order to promote the use of bonds as a financing vehicle for French issuers that represents a major step forward in the French debt capital...more

Changes coming soon for pharmaceutical patent litigation in Canada: key points

by DLA Piper on

As a result of the Comprehensive Economic Trade Agreement with the European Union, significant changes to the patent linkage provisions and patent litigation framework relating to generic and biosimilar drug approval in...more

U.S.-China “100-Day Plan” On Trade

by King & Spalding on

On April 6-7, 2017, President Trump hosted President Xi Jinping of China at Mar-a-Lago for the first meeting between the two leaders. The meetings covered a number of important topics including economic and trade issues, and...more

China's Cybersecurity Law and Draft Implementation Rules

by Morgan Lewis on

The law applies to all “network operators” and introduces cybersecurity mechanisms. On November 7, 2016, the Chinese government released a draft version of the Cybersecurity Law (CSL) that will govern China’s cyberspace...more

Commercial Division Partially Vacates ICC Arbitration Award in Artificial Sweetener Dispute

Justice Charles Ramos of the New York Commercial Division partially vacated an International Chamber of Commerce (“ICC”) arbitration award in a major legal battle between artificial sweetener giants NutraSweet and Daesang. ...more

China's revised draft data localisation measures

by Hogan Lovells on

On 19 May 2017, the Cyberspace Administration of China (the “CAC“) released a revised draft of its Security Assessment for Personal Information and Important Data Transmitted Outside of the People’s Republic of China Measures...more

EU-Singapore FTA Opinion of the Court of Justice

by Hogan Lovells on

Has the Court’s opinion on the EU Singapore FTA shaped future EU trade agreements and a future EU-UK FTA? The Opinion clarifies the EU competence to conclude trade agreements. The ability of the EU to conclude an...more

What Is The New U.S.-China Trade Deal and How Will It Affect Exporters?

by Baker Donelson on

On May 12, Wilbur Ross, the U.S. Commerce Secretary, announced that the U.S. and China have reached a new trade deal with four components that are supposed to boost U.S. exports and close America’s trade gap with China. The...more

Are you ready for the Criminal Finances Bill 2017?

by Hogan Lovells on

In December 2016 we considered the changes proposed by the Criminal Finances Bill (the Bill) in "All change for money laundering regulation? - Impact for the private equity industry." On 27 April 2017, the Criminal Finances...more

Operationalizing Compliance: Part IV – Internal Audit

by Thomas Fox on

This week I am engaging in a week-long series on how a Chief Compliance Officer (CCO) or compliance practitioner might think about operationalizing a compliance program with other corporate functions and disciplines. I am...more

Transfer pricing compliance in Russia. Part 3. Stages of transfer pricing compliance

by Dentons on

Dentons’ Tax and Customs practice congratulates its clients and friends on the end of the first stage of transfer pricing compliance for 2016 – the filing of the notification of controlled transactions completed in 2016!...more

€110 million fine for Facebook by the European Commission for providing misleading information during WhatsApp merger review

by Dechert LLP on

The European Commission (“Commission”) announced on May 18, 2017, that it was fining Facebook €110 million for providing misleading or incorrect information during the review of the social network’s acquisition of WhatsApp in...more

You've Got Mail: Supreme Court Clarifies Procedures for Service of Process Abroad

by White & Case LLP on

The US Supreme Court has confirmed that US litigation may be commenced against foreign parties by sending documents through the mail, provided that certain conditions are met. In Water Splash, Inc. v. Menon, No. 16-254 (May...more

The Hague Service Convention Does Not Prohibit Service of Process by Mail

The Supreme Court held in Water Splash, Inc. v. Menon, No. 16–254 (May 22, 2017), that the Hague Service Convention allows service of process by mail under Article 10(a), when two conditions are met: first, the receiving...more

Preparing for Depositions in Finland! (Updated 2017)

by Planet Depos, LLC on

Finland is an enviable destination for depositions. First of all, there is plenty of coffee! Finns drink more coffee than any other nation in the world. No one will have any issues remaining alert through a deposition in...more

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