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Will sustainability reporting and disclosure requirements improve ESG and financial performance?

Sustainability reporting and disclosure can bring many benefits, including greater transparency and increased accountability. But unless coupled with, and closely tied to, the implementation of a clear business strategy for...more

U.S. Imposes New Sanctions and Export Controls Targeting Russia

On February 23, 2024, marking the two-year anniversary of Russia’s invasion of Ukraine, the U.S. Departments of Commerce, State, and Treasury announced new U.S. sanctions and export controls targeting Russia. In addition, the...more

U.S. Government announces new West Bank-related sanctions and designations

On February 1, 2024, President Biden issued an Executive Order imposing certain sanctions on persons determined to be undermining peace, security, and stability in the West Bank. In response to current hostilities and...more

The U.S. Environmental Protection Agency's new PFAS reporting rule takes effect

On November 13, 2023, the U.S. Environmental Protection Agency (EPA)’s final rule broadening reporting requirements for the “manufacture” of per- and polyfluoroalky substances (PFAS) (the PFAS Reporting Rule) took effect. ...more

OFAC Suspends Certain U.S. Sanctions Targeting Venezuela with New and Amended General Licenses

On October 18, 2023, the United States announced the suspension of certain sanctions related to Venezuela through the issuance of new and revised general licenses. The Office of Foreign Assets Control (OFAC) of the U.S....more

U.S. Government Shutdown: Implications for Antitrust and CFIUS Filings

The U.S. federal government is facing a possible shutdown beginning this Sunday, October 1, 2023. Congress has until September 30, which marks the end of the fiscal year, to enact appropriations for government agencies and...more

Delivering Net Zero by 2050: the $200 trillion opportunity

Until now, however, no comprehensive estimate existed of the of that opportunity, (or, to put it another way, the size of the financing gap between committed spending and the investment needed to deliver Net Zero by 2050...more

Expect Higher Tariffs on Some U.S. Imports of Solar Cells and Modules From Southeast Asia by Mid-2024

On August 18, 2023, the U.S. Department of Commerce (Commerce) issued final determinations in its circumvention inquiries regarding the import of certain solar cells and modules from Cambodia, Malaysia, Thailand and Vietnam...more

Biden Administration Moves to Restrict Outbound Investment to China

On August 9, 2023, the Biden Administration issued a long-awaited Executive Order (the EO) that is intended to address the potential national security threats posed by outbound investment from the United States to certain...more

Greenwashing in sustainable finance – key takeaways from EU developments

There are useful takeaways for EU and non-EU firms arising from the European Supervisory Authorities’ (ESA) latest thinking on greenwashing. In June 2023, the ESAs issued progress reports examining greenwashing risks and...more

Global sanctions on Russia accelerate focusing on sanctions circumvention and Russia responds

G7 governments continue to seek ways to increase the effectiveness of their sanctions on Russia by clamping down on sanctions circumvention....more

Building resilient net-zero critical supply chains – recent developments and key considerations

Recent policy and regulatory developments have shown that governments and businesses around the world are increasingly focused on consolidating their competitive positions in the green industrial revolution. Significant...more

U.S. sanctions impacting Lebanese businesses and individuals

On April 4, 2023 the United States imposed sanctions on two Lebanese businessmen, brothers Raymond Zina Rahme and Teddy Zina Rahme (the Rahme Brothers), and three of their owned companies, ZR Energy DMCC, ZR Group SAL...more

Financing the gap: eight thoughts on accelerating the Net Zero transition

We recently welcomed a stellar panel of guests to discuss how to drive more private investment in decarbonisation. Ambassador Patricia Espinosa, former executive secretary of the UN Framework Convention on Climate Change,...more

U.S. sanctions create risks and challenges for Paraguay's business community

In January 2023, the United States imposed sanctions on key figures in the Paraguayan economy. The impact of these sanctions are significant and will directly or indirectly impact most Paraguayan financial institutions and...more

On the one-year anniversary of Ukraine invasion, Biden Administration imposes additional sanctions and export controls targeting...

On February 24, 2023, the one-year anniversary of Russia’s invasion of Ukraine, the United States, in coordination with its G7 partners and other allies, announced a series of additional sanctions and export controls...more

Supreme Court to rule on Foreign Sovereign Immunity in criminal law context

On January 17, 2023 the U.S. Supreme Court heard oral argument in Türkiye Halk Bankasi A.Ş. v. United States. The resolution of Halkbank (as the bank is known) invites a sophisticated analysis of foreign sovereign immunity....more

U.S. Department of Commerce: Countries circumvented tariffs on Chinese solar products

On December 2, 2022, the U.S. Department of Commerce (Commerce) issued a preliminary determination in its circumvention inquiry regarding crystalline silicon photovoltaic cells (Solar Cells) and modules, laminates, and panels...more

U.S. Russia sanctions and export controls update

Since Russia’s invasion of Ukraine in February 2022, the United States has, in response, imposed unprecedented sanctions and export controls targeting Russia: President Biden has signed numerous new Executive Orders, the U.S....more

Supply chains must evolve to keep pace with drive to Net Zero

Supply chains enable production and progress, but their contribution to climate change is significant. Making them more sustainable in every sense is critical to decarbonisation....more

U.S. bolsters national security reviews of in-bound foreign investment

President Biden recently issued “formal Presidential direction” on the risks that the United States will consider when evaluating in-bound foreign investment....more

The Business and Human Rights Review - September 2022

As the world recovers from the Covid-19 pandemic, rebuilding resilience and planning for the future have taken centre stage in 2022. The pandemic brought to the fore many human rights issues, creating new challenges and...more

Scope 3 emissions and the SEC’s proposed disclosure rules

Companies face various challenges when they report on “Scope 3,” or indirect, greenhouse gas emissions....more

U.S. Supreme Court limits EPA’s regulation of climate change pollution

On June 30, the US Supreme Court (the Court) issued a key ruling in West Virginia v. EPA that limits the powers of the Environmental Protection Agency (the EPA) to regulate greenhouse gas emissions without explicit...more

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