White & Case LLP

WTO Panel Report: Russia - Tariff Treatment

A WTO Panel has ruled that the Russian Federation has violated its WTO obligations by imposing duties on certain EU goods in excess of its committed ("bound") rates, in breach of Article II of the General Agreement on Tariffs…more
| Administrative Law, Commercial Law & Contracts, International Law & Trade, Taxation

Proposals for Employee representation at board level in UK companies

Theresa May, and latterly Owen Smith, have both announced their intention to put employees on company boards. Employee representation on company boards in Europe is commonplace and speculation is rife as to what model either…more
| Business Organizations, International Law & Trade, Labor & Employment Law

New Law on Tax and Social Security Premium Amnesty in Turkey

On August 3, 2016, Turkey passed a detailed new law entitled "Statutory Proposal on Restructuring of Certain Receivables" (the "Law") which offers taxpayers a broad amnesty for most types of unpaid taxes and for unpaid social…more
| Commercial Law & Contracts, International Law & Trade, Labor & Employment Law, Taxation

The Validity of Arbitration Clauses in Concession Agreements

This alert provides an overview of the recent position of Russian courts in relation to validity of the arbitration clause in the concession agreement. In particular, the Commercial Court of the North-West Circuit in its…more
| Alternative Dispute Resolution (ADR), Civil Procedure, Civil Remedies, Commercial Law & Contracts, International Law & Trade

EU-US Privacy Shield: How to Certify

Following formal approval of the EU-US Privacy Shield, US organizations will now be considering how to apply for Privacy Shield certification. On July 12, 2016, the European Commission formally approved and adopted the…more
| Commercial Law & Contracts, Consumer Protection, International Law & Trade, Privacy, Science, Computers, & Technology

Translating the success of UK fintech measures to the US

The successful growth of fintech within a region depends on myriad factors, but an unquestionably material one is the regulatory environment. Regulatory regimes that foster innovation and exercise oversight in a purposeful, but…more
| Commercial Law & Contracts, Finance & Banking, International Law & Trade, Science, Computers, & Technology

CFTC Issues Final Rules on Cross-Border Uncleared Swap Margin Requirements

The CFTC has combined an entity-level approach with a transaction-level approach in its final cross-border uncleared swap margin requirements. Introduction - On December 16, 2015, the Commodity Futures Trading…more
| Commercial Law & Contracts, Finance & Banking, International Law & Trade, Securities Law

Russian Legislation Update: 9 May - 17 July 2016

Welcome to the most recent issue of our Russian Legislation Update, covering the period of 9 May - 17 July 2016. In this issue: - Civil relations - Currency Control - Anti-Money Laundering - Banking -…more
| Business Organizations, Civil Procedure, Finance & Banking, International Law & Trade, Securities Law

Federal Circuit Expanding Interpretation of Step Two of the Test for Patent Eligibility

The Federal Circuit recently reversed a district court's decision granting a motion to dismiss a patent under 35 U.S.C. § 101 in Bascom Global Internet Services, Inc. v. AT&T Mobility LLC.[1] The patent-in-suit, U.S. Patent No…more
| Civil Procedure, Intellectual Property, Science, Computers, & Technology

CFPB Opts to Split Debt Collection Rulemaking Process

On July 28, 2016, the Consumer Financial Protection Bureau (“CFPB”) released a partial outline of debt collection proposals under consideration (“Proposals”), focusing on the third-party debt collection industry. Despite the…more
| Consumer Protection, Finance & Banking

EBA published results of EU-wide stress test of banks

On Friday 29 July 2016 after the close of financial markets, the European Banking Authority ("EBA") published the results of its 2016 stress test exercise of European banks…more
| Finance & Banking, International Law & Trade

Unlocking the EU General Data Protection Regulation: A practical handbook on the EU's new data protection law: Chapter 20: Glossary

ad hoc clauses means a set of clauses for Cross-Border Data Transfers, which require prior approval by a DPA (see Chapter 13)…more
| Commercial Law & Contracts, Consumer Protection, International Law & Trade, Privacy, Science, Computers, & Technology

Unlocking the EU General Data Protection Regulation: A practical handbook on the EU's new data protection law: Chapter 19: Transitional provisions

Why does this topic matter to organisations? This topic covers the transitional period between the publication of the GDPR (on 4 May 2016) and the GDPR Effective Date (i.e., 25 May 2018). This represents a limited, two-year…more
| Commercial Law & Contracts, Consumer Protection, International Law & Trade, Privacy, Science, Computers, & Technology

New VAT regime for e-services

On 1 January 2017 the special VAT regime for "electronically supplied services" ("e-services") comes into effect, as introduced by Federal Law No. 244-FZ dated 3 July 2016…more
| Commercial Law & Contracts, International Law & Trade, Science, Computers, & Technology, Taxation

Unlocking the EU General Data Protection Regulation: A practical handbook on the EU's new data protection law: Chapter 18: Relationships with other laws

Why does this topic matter to organisations? From the GDPR Effective Date, the GDPR will be the main instrument governing EU data protection law across all Member States. The Directive, which is almost 20 years old, will be…more
| Commercial Law & Contracts, Consumer Protection, International Law & Trade, Privacy, Science, Computers, & Technology
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