On March 31, 2023, the U.S. Department of Treasury and Internal Revenue Service (IRS) released proposed guidance clarifying how manufacturers may meet the critical minerals and battery sourcing requirements for the clean...more
7/3/2023
/ Automotive Industry ,
Batteries ,
Electric Vehicles ,
EU ,
Free Trade Agreements ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Japan ,
Lithium Batteries ,
South Korea ,
Tax Credits ,
UK ,
Zero-Emission Vehicles
In response to Russia’s ongoing aggression in Ukraine, both the United States and the European Union have imposed additional sanctions and further restricted exports to Russia and Iran. These new controls span many...more
2/28/2023
/ Economic Sanctions ,
Entity List ,
EU ,
Export Controls ,
Exports ,
Iran ,
Iran Sanctions ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Trade Restrictions ,
UK ,
Ukraine
In May 2018 the United States announced the reinstitution of sanctions against Iran that had previously been lifted pursuant to the Joint Comprehensive Plan Action (“JCPOA”).
The U.S. sanctions on Iran that were revived...more
5/27/2021
/ Banks ,
Blocking Statutes ,
Corporate Counsel ,
EU ,
European Court of Justice (ECJ) ,
Financial Institutions ,
Iran ,
Iran Sanctions ,
Joint Comprehensive Plan of Action (JCPOA) ,
Office of Foreign Assets Control (OFAC) ,
Sanctions
In August 2020, we wrote a blog post about the adoption by the European Commission (“Commission”) of a White Paper on Foreign Subsidies. On 5 May 2021, the Commission adopted a proposal for a Regulation on foreign subsidies...more
5/17/2021
/ Acquisitions ,
Coronavirus/COVID-19 ,
EU ,
European Commission ,
European Merger Control Regulation ,
Foreign Investment ,
Foreign Subsidies ,
Funding ,
Member State ,
Procurement Guidelines ,
White Papers
On May 10, 2021, the EU adopted its new, revised version of Regulation (EC) No 428/2009 (the “Regulation”). It is widely acknowledged to be the first major reform to the structure of the EU’s export control regime since...more
As State aid measures granted by EU Member States continue to surge in the aftermath of the COVID-19 outbreak and ongoing pandemic, the European Commission (“Commission”) has turned to subsidies coming from non-EU countries....more
Our “trends for 2018” are only a selection of interesting developments to watch for in 2018.
Within the political and legislative cycle of the European Union, 2018 promises to be an eventful year, given that it is the last...more
2/9/2018
/ Base Erosion Tax ,
Bid Rigging ,
Big Data ,
CFIUS ,
Competition ,
Competition Authorities ,
Cybersecurity ,
Data Protection ,
E-Commerce ,
EU ,
European Commission ,
European Merger Control Regulation ,
Foreign Direct Investment ,
General Data Protection Regulation (GDPR) ,
International Tax Issues ,
Legislative Agendas ,
Mergers ,
Multinationals ,
OECD ,
Premerger Notifications ,
Renewable Energy ,
Sports ,
Standstill Agreements ,
State Aid ,
Transportation Industry ,
TTIP ,
WTO
Introduction -
Our “trends for 2018” are only a selection of interesting developments to watch for in 2018.
Within the political and legislative cycle of the European Union, 2018 promises to be an eventful year, given...more
1/24/2018
/ Athletes ,
Automated Transportation ,
Base Erosion Tax ,
Bid Rigging ,
Big Data ,
Carbon Emissions ,
CFIUS ,
Competition ,
Competition Authorities ,
Data Protection ,
E-Commerce ,
Electric Vehicles ,
Enforcement Actions ,
EU ,
European Commission ,
European Parliament ,
Foreign Direct Investment ,
GDP ,
General Data Protection Regulation (GDPR) ,
Geo-Blocking ,
Innovation ,
Legislative Agendas ,
Manufacturers ,
Merger Controls ,
Multinationals ,
NAFTA ,
Olympics ,
Online Distribution ,
Proposed Regulation ,
Sports ,
State Aid ,
Supply Chain ,
Tax Evasion ,
Technology Sector ,
Transportation Industry ,
TTIP ,
WTO
Sheppard Mullin’s EU team has created a list of major legal shifts that await General Counsel and Compliance Officers in the areas of competition, EU regulatory and trade in 2017. These challenges may have an impact on your...more
1/25/2017
/ Cartels ,
Competition ,
Data Protection ,
Digital Single Market ,
EU ,
European Commission ,
FRAND ,
General Data Protection Regulation (GDPR) ,
Innovation ,
Merger Controls ,
Popular ,
Sanctions ,
Standard Essential Patents ,
State Aid ,
Trade Agreements ,
UK Brexit
Sheppard Mullin’s EU team has created a list of major legal shifts that await General Counsel and Compliance Officers in the areas of competition, EU regulatory and trade in 2017. These challenges may have an impact on your...more
1/19/2017
/ Cartels ,
Competition ,
Compliance ,
Data Protection ,
Digital Single Market ,
Enforcement ,
EU ,
FRAND ,
General Data Protection Regulation (GDPR) ,
Merger Controls ,
Popular ,
Sanctions ,
State Aid ,
Supplemental Environmental Project (SEP) Policy ,
Trade Agreements ,
UK Brexit
After a twelve-year standoff that saw the United States and Europe ratchet up sanctions pressure on Iran, a diplomatic breakthrough has been reached. But robust trade between Iran and the West will not arise immediately,...more
7/19/2015
/ EU ,
Exports ,
IFCA ,
Iran ,
Iran Sanctions ,
Iran Threat Reduction and Syria Human Rights Act ,
Joint Comprehensive Plan of Action (JCPOA) ,
Manufacturers ,
NDAA ,
Non-US Entities ,
Nuclear Power ,
Nuclear Weapons
On June 5, new EU’s anti-money laundering (AML) rules, namely the Fourth EU Anti-Money Laundering Directive (“4AMLD”) and a new Regulation on the information accompanying transfer of funds were published in the Official...more
The European Union (EU) put into effect on Friday (September 12, 2014) a new round of economic sanctions against Russia over its role in Ukraine. ...more
The US is generally pretty keen on international free trade agreements. And why shouldn’t it be? After all, free trade agreements have the ability to open up foreign markets to US goods and services, allowing new and...more