News & Analysis as of September 22, 2024

Supply Chain

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

How the UK High Court Decision on Forced Labor Impacts Your Supply Chain Due Diligence

Guidepost Solutions LLC on 8/1/2024

The recent ruling by the U.K. Court of Appeal declared that the U.K. National Crime Agency’s decision not to investigate the importation of cotton produced through the use of Uyghur forced labor in China was unlawful. This...more

UK Critical Minerals Strategy: Lessons from the US

Vinson & Elkins LLP on 7/18/2024

Reliable supplies of critical raw materials are essential for the green transition and to ensure the competitiveness of key national industries. The Inflation Reduction Act (IRA) in the US and the European Union’s Critical...more

Client Alert: The EU Regulation Banning Products Made with Forced Labour: Key Provisions to Note

Jenner & Block on 5/1/2024

On 23 April 2024, the European Parliament approved the much-anticipated regulation banning products made with forced labour from entering the EU market (the ‘Forced Labour Ban’). The approved text builds on the provisions of...more

Climate in context: Geopolitics, business, and the board

KPMG Board Leadership Center (BLC) on 4/16/2024

In this collaboration between the KPMG Board Leadership Center (BLC) and Eurasia Group, our aim is to help widen the boardroom aperture on the global climate challenge—where it stands, and what’s at stake—and to help boards...more

Russia/Ukraine Sanctions Update - Month of March

Mayer Brown on 3/29/2024

I. US SANCTIONS - US Department of the Treasury Sanctions Russian Companies Based on a Determination that They Were Supporting Sanctions Evasion: On March 25, the US Department of the Treasury’s Office of Foreign Assets...more

Seven Myths About the US Law Banning Imports Made With Forced Labor | Insights

Skadden, Arps, Slate, Meagher & Flom LLP on 2/13/2024

Key Points - - In light of the vigorous enforcement of the Uyghur Forced Labor Prevention Act, boards in their oversight role should ensure that their companies conduct heightened diligence on their supply chains, including...more

2024 J.S. Held Global Risk Report: Business Implications From China’s Weakened Economy

J.S. Held on 2/9/2024

After 30 years of extraordinary growth, China’s economy – the world’s second largest – appears to be entering a new phase of slower expansion. The real estate sector – which accounts for around one-third of Chinese GDP and...more

[Event] 8th Annual Canadian Forum on Global Economic Sanctions - March 6th - 7th, Toronto, ON, Canada

American Conference Institute (ACI) on 1/10/2024

Immerse yourself in the only comprehensive economic sanctions event of its kind in Canada, spanning two days of invaluable insights and practical knowledge. Designed to cover U.S., EU, and major global sanctions, this...more

The Netherlands, European Union and China all make their next moves in the game to control semiconductor supply chains

A&O Shearman on 7/21/2023

Following negotiations with the United States, the Netherlands in January 2023 agreed to impose controls on the export of certain semiconductors and related products to China....more

Unveiling the New European Economic Security Strategy

Pillsbury - Global Trade & Sanctions Law on 7/13/2023

The EU’s new Joint Communication on a European Economic Security Strategy proposes a methodology for an EU economic security risk assessment and identifies measures to mitigate these risks. The Strategy is noteworthy because...more

2023 Global Private Equity Outlook

Dechert LLP on 11/29/2022

Methodology - At the beginning of the third quarter of 2022, Mergermarket, on behalf of Dechert LLP, surveyed 100 senior-level executives at private equity (PE) firms based in North America (45%), Europe, the Middle East...more

China Tariffs: USTR Requests Comments for Review of Section 301 Tariffs

Sheppard Mullin Richter & Hampton LLP on 10/18/2022

The United States Trade Representative (USTR) has announced the next steps in its review of Lists 1 and 2 of the Trump-era tariffs on Chinese imports. Today, on October 17, 2022, USTR published the official request for...more

UN High Commissioner reports serious human rights violations in Xinjiang – what does this mean for businesses with supply chains...

King & Spalding on 9/27/2022

On 31 August 2022, the UN Office of the High Commissioner for Human Rights (the “High Commissioner” or “OHCHR”) published its long-awaited Assessment of Human Rights Concerns in the Xinjiang Uyghur Autonomous Region, China....more

Upcoming Regulatory Initiatives Impacting Private Fund Managers - September 2022

Dechert LLP on 9/22/2022

This latest edition of the regulatory initiatives paper sets out at a high level the core regulatory issues that are likely to impact private fund managers in the coming months, including an overview of the key actions needed...more

EU Commission Proposal to ban products made with forced labour from the EU market

Hogan Lovells on 9/20/2022

On 14 September 2022, the European Commission released a proposal for a Regulation prohibiting products made with forced labour on the EU market. The European Commission has taken a comprehensive approach, with the ban...more

Supply Chain Disruptions in the Energy Industry: Challenges with the Supply of Lithium-ion Batteries

Foley & Lardner LLP on 9/2/2022

With the push toward clean energy and increased demand for electric vehicles, manufacturers need batteries — specifically lithium-ion batteries — more than ever. Examples of the accelerating transition to battery powered...more

A Guide for Early-Stage Companies on Trade Compliance and Foreign Investment

Holland & Knight LLP on 8/5/2022

Are you looking to hire a star engineer who is a foreign national? Are you considering raising capital from a foreign venture capital firm or other foreign investor? Are you interested in sourcing components or creating...more

Going the Distance: Managing Freight Costs and Delivery Delays in 2022

Foley & Lardner LLP on 6/23/2022

Due to the ongoing global supply chain crisis, companies face an uphill battle managing supply chain-related issues. On one front, companies are encountering frequent and extensive shipment and delivery delays. Information...more

[Event] 16th Annual Flagship Conference on U.S. Economic Sanctions Enforcement and Compliance - May 5th - 6th, Washington, DC

American Conference Institute (ACI) on 3/30/2022

ACI’s Annual Flagship Conference on Economic Sanctions Enforcement and Compliance is widely regarded as the premier conference designed for those working in global sanctions compliance, internal audits and investigations,...more

Data transfer to Russia and China in times of crisis

Spirit Legal on 3/30/2022

In light of the “changed security policy situation” following Russia’s invasion of Ukraine, the Norwegian data protection regulator recently encouraged any company that exports personal data to Russia and Ukraine to review...more

US, EU Issue Guidance on Expectations for Due Diligence to Address Forced Labor Risks

BCLP on 8/13/2021

On July 13, 2021, the US Department of State, US Department of the Treasury, US Department of Commerce, US Department of Homeland Security, Office of the United States Trade Representative, and US Department of Labor issued...more

June 2021 Trade Law Update

Husch Blackwell LLP on 7/7/2021

In Husch Blackwell’s June 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: •Biden Administration took recent actions related to products from China’s...more

A “smarter mix” to combat modern slavery and human rights risks - the UK Government’s recent measures signal the increasing...

BCLP on 3/1/2021

The UK Government’s recent announcement emphasises a more ambitious modern slavery agenda and, specifically, the use of a “smarter mix” of measures across policy, regulation, stakeholder expectations and corporate practice to...more

Trade Matters-Lowenstein Sandler's Global Trade & Policy Newsletter - March 2021

Lowenstein Sandler LLP on 3/1/2021

Welcome to the inaugural edition of Lowenstein Sandler’s Trade Matters. Each month, we will cover important developments related to international trade law and compliance. We look forward to a continuing dialogue with our...more

European Union Approves Global Magnitsky-Style Human Rights Sanctions Regime

Foley Hoag LLP - Global Business and Human... on 12/9/2020

In a landmark development, the European Union’s Foreign Ministers on December 8 approved an “Action Plan on Human Rights and Democracy” that establishes a new mechanism for targeting systematic violators of human rights from...more

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