News & Analysis as of

Cross-Border Proposed Regulation

Jones Day

New Guidance from the Treasury Department on 1% Corporate Stock Buyback Tax

Jones Day on

On April 9, 2024, the U.S. Treasury Department ("Treasury") issued proposed regulations and reporting requirements providing further guidance on the non-deductible 1% excise tax that was enacted on August 16, 2022 (as Section...more

Dechert LLP

Dechert Cyber Bits - Issue 37

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California Court Pauses Enforcement of Most Recent CCPA Regulations until March 2024 - On June 30, 2023, the Superior Court of California, County of Sacramento (California Chamber Of Commerce v. California Privacy...more

Latham & Watkins LLP

French and Dutch Regulators Propose Tighter Supervision of Cross-Border Retail Activities

Latham & Watkins LLP on

The regulators suggest improvements to the supervision of firms passporting retail products and services in the EU. The French and Dutch financial services regulators (the AFM and the AMF) have published a joint position...more

WilmerHale

China Publishes Draft Measures on Security Assessment of Cross-Border Data Transfer

WilmerHale on

The Cyberspace Administration of China (“CAC”) on October 29, 2021 published the draft Measures on Security Assessment of Cross-Border Data Transfer (“Draft Measures”) for comment through November 28, 2021. The Draft Measures...more

Sheppard Mullin Richter & Hampton LLP

Update on the State of Privacy Law in China

China is continuing to move forward with its first comprehensive privacy law. China recently issued a second version of the draft Personal Information Protection Law (Draft PIPL) which will be open for public comments until...more

Orrick - Finance 20/20

European Parliament to Consider Proposed Regulation and Directive on Cross-Border Distribution of Collective Investment Funds

On January 24, the European Parliament updated the following procedure files: - The procedure file for the proposal for a Directive on the cross-border distribution of collective investment funds (2018/0041(COD))....more

Jones Day

UK Cites Security Reasons for Proposed Deal Notification Regime

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A consultation paper on national security and investment published by the UK government advocates extensive changes to current provisions regarding foreign investment in UK businesses. In essence, the proposed changes would...more

Jones Day

Uniform European Union Conflict of Laws Rule to Foster Cross-Border Transfer of Claims

Jones Day on

The Situation: Regulation (EC) No 593/2008 of the European Parliament and of the Council of June 17, 2008, on the law applicable to contractual obligations (Rome I Regulation) does not cover the question of third-party...more

A&O Shearman

European Commission Publishes Legislative Package for Cross-Border Distribution of Investment Funds

A&O Shearman on

As part of its work on creating a European Capital Markets Union, the European Commission has published a legislative package of amendments, comprising a proposed Regulation and a proposed Directive....more

Morrison & Foerster LLP

European Commission Publishes Draft Regulation on Geo-Blocking – Will It Unblock ECommerce Across the EU?

As part of the Commission’s Digital Single Market initiative, the European Commission has published a draft Regulation aimed at preventing traders from discriminating against customers based on nationality or location. The...more

Akin Gump Strauss Hauer & Feld LLP

State and Commerce Seek Comments on Proposed Export Control Rules Regarding Electronic Transmissions, Defense Services and Other...

On June 3, 2015, the U.S. Department of State’s Directorate of Defense Trade Controls (DDTC) and the Department of Commerce’s Bureau of Industry and Security (BIS) published proposed rules amending the International Traffic...more

Cadwalader, Wickersham & Taft LLP

SEC Proposes Title VII Regulatory Framework for Non-US Dealers Transacting in the United States

The U.S. Securities and Exchange Commission (the “SEC”) reproposed rules addressing the application of certain requirements under Title VII of the Dodd-Frank Act (the “Reproposal”) to non-U.S. persons dealing in...more

Perkins Coie

Financial Services Bulletin: Action At The SEC

Perkins Coie on

On Wednesday, May 1, 2013, the Securities and Exchange Commission (the "SEC") proposed rules and interpretive guidance for parties to cross-border security-based swap transactions. The SEC acted pursuant to its authority...more

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