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Read need-to-know updates, commentary, and analysis on International Trade issues written by leading professionals.
Farrell Fritz, P.C.

Failure to file IRS Form 3520 Reasonable Cause Penalty Relief

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A recent federal court decision, Huang v. United States, offers important guidance for U.S. persons who have received large gifts from foreign persons, and failed to timely file Form 3520, Annual Return To Report Transactions...more

Cadwalader, Wickersham & Taft LLP

Speed, Scale and Regulatory Innovation, May 2026 - Article 21c of CRD VI: LMA Issues Practical Guidance on Cross-Border Corporate...

This week the Loan Market Association (“LMA”) published a paper on the introduction of Article 21(c) of the EU’s Capital Requirements Directive1 (Article 21c) (the LMA Paper). With effect from 11 January 2027, Article 21c...more

Mayer Brown

Perfectus Aluminum and Related Companies Agree to Pay More than $500 Million to Resolve Antidumping Duty Evasion Allegations

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On May 12, 2026, the United States Department of Justice (DOJ) announced that Perfectus Aluminum Inc. and five related companies (collectively, the “Perfectus Companies”) had agreed to pay $549.5 million to resolve...more

International Lawyers Network

Establishing a Business Entity in Canada (Updated)

INTRODUCTION - Bilingual and Bi-Juridical - Canada is a bilingual, bi-juridical, and multi cultural country, composed of 10 provinces and 3 territories. English and French are federally mandated official languages...more

Latham & Watkins LLP

Active Enforcement of Saudi Arabia Privacy Regime: Implications for Businesses

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Organizations should prioritize compliance efforts in light of mounting regulatory scrutiny and potential fines....more

Pillsbury - Global Trade & Sanctions Law

New Cuba Executive Order Creates an IEEPA-Based Sanctions Program and Secondary Sanctions Risk

On May 1, 2026, President Trump issued Executive Order (EO) 14404, “Imposing Sanctions on Those Responsible for Repression in Cuba and for Threats to United States National Security and Foreign Policy,” authorizing sanctions...more

Morgan Lewis - Up & Atom

DOE Adds Thailand to Part 810 ‘Generally Authorized’ Destination List

The US Department of Energy (DOE) published a Secretarial Determination in the Federal Register on May 14, 2026 adding the Kingdom of Thailand to the list of Generally Authorized destinations in Appendix A to 10 CFR Part 810....more

Pillsbury - Global Trade & Sanctions Law

Sanctions End‑Use Controls: What UK Exporters Need to Know

The UK has introduced a new “sanctions end‑use controls” licensing trigger aimed at restricting diversion of certain trade-sanctioned goods and related technology via non‑sanctioned third countries. The controls apply across...more

White & Case LLP

EU agrees Digital Omnibus deal to simplify AI rules

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On 7 May 2026, the European Parliament and the Council of the EU (the "Council") reached a provisional agreement on the Digital Omnibus on AI (the "AI Omnibus") – a package of targeted amendments to the EU AI Act. Although...more

White & Case LLP

Internal Revenue Code Section 999: The obscure international boycott tax rules every taxpayer should know

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The intersection of tax and trade law has been in the news in recent months as businesses navigate changing tariff rules. We have written extensively about the cross-roads of tax law and tariffs. All this talk about tariffs...more

Thomas Fox - Compliance Evangelist

AI in Healthcare: Five Healthcare AI Stories You Need to Know This Week - May 15, 2026

Welcome to AI in Healthcare in 5 Stories. This podcast is a Weekly Briefing of the five most important AI developments shaping healthcare, medicine, and life sciences. Each week, Tom Fox breaks down the latest stories on...more

Eversheds Sutherland (US) LLP

Tax Bytes: Week of May 11, 2026

Welcome to the latest edition of Tax Bytes. Our team of tax lawyers is actively monitoring for federal and international tax developments and issues of note. We pull together the items we deem most important to provide...more

Akin Gump Strauss Hauer & Feld LLP

Pallets, Penalties and Parallel Proceedings: $549.5 Million Perfectus Aluminum Settlement Sets a New High-Water Mark in False...

On May 12, 2026, the U.S. Department of Justice (DOJ) announced a $549.5 million False Claims Act (FCA) settlement with Perfectus Aluminum Inc., Perfectus Aluminum Acquisitions LLC and four related warehouse companies,...more

Warner Norcross + Judd

IEEPA Tariff Refunds: Show Me the Money

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After the Supreme Court in February struck down tariffs issued under the International Emergency Economic Powers Act of 1977 (IEEPA), the most common question has been: where are the refunds? In litigation filed in the...more

Hogan Lovells

EU Deforestation Regulation: Commission publishes simplification package ahead of December 2026 application date

Hogan Lovells on

On 4 May 2026, the European Commission published a simplification package for the EU Deforestation Regulation (EUDR), delivering on its commitment to the European Parliament and Council following the December 2025 revision of...more

Baker Botts L.L.P.

AI Regulatory Update for Energy: New Timelines in the EU, New Standards in the U.S.

Baker Botts L.L.P. on

In our March 2026 alert, we wrote that the EU AI Act's August 2, 2026, compliance deadline made structured AI governance an urgent priority for energy companies operating in or serving the EU market....more

Cooley LLP

EU Batteries Regulation: European Commission Proposes New Exemptions from End-User Battery Removability Requirements

Cooley LLP on

The European Commission has formally published a much-anticipated draft delegated act under the EU Batteries Regulation (EUBR) that would exempt certain product categories from the Article 11 requirements to design for...more

Bradley Arant Boult Cummings LLP

FinCEN’s IRGC Alert: What Financial Institutions Need to Know About Iran’s Oil Smuggling and Shadow Banking Networks

On May 11, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert designed to help financial institutions identify and disrupt funding streams and procurement networks...more

Cooley LLP

The Privilege Question Three Rivers (No 5) Never Answered

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Legal advice privilege has long been understood in England and Wales as a privilege attaching to the lawyer-client relationship. The Court of Appeal’s decision in Three Rivers District Council v. Governor and Bank of England...more

Kennedys

Logistics: Bite-Size Insights - May 2026

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In this edition of Logistics: Bite-Size Insights, we consider the data behind the latest global supply chain disruption trends, explore the changing face of theft of goods in transit, and discuss the importance of affirmation...more

Blake, Cassels & Graydon LLP

Importance de la productivité pour le Canada : La politique de la concurrence à la croisée des chemins

Points saillants - Le gouvernement fédéral du Canada (le « gouvernement fédéral ») fait de la productivité nationale une priorité et entend ainsi réduire le fardeau réglementaire tout en attirant des investissements...more

Thomas Fox - Compliance Evangelist

AI Today in 5: May 15, 2026, The Blind Spot Edition

Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to AI Today In 5....more

Thomas Fox - Compliance Evangelist

AI in Financial Services in 5 Stories - Week Ending May 15, 2026

Welcome to AI in Financial Services in 5 Stories. A practical weekly roundup of the five most important AI developments affecting banking, insurance, payments, asset management, and fintech. Each Friday, Tom Fox will break...more

Ankura

Geopolitical Risk: The Latest Boardroom Agenda

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Recently, oil markets reacted sharply to the U.S.-Israel air campaign against Iran — “Operation Epic Fury” — and to Iran’s moves and threats affecting shipping through the Strait of Hormuz, a key route for global oil and...more

Foley & Lardner LLP

Downstream Purchasers Can Face Criminal Exposure for Buying Goods They Know Were Imported Through Duty Evasion

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The Department of Justice (DOJ) is serious about criminal enforcement for customs fraud. In March 2025, we warned that customs and tariff fraud had become a criminal enforcement priority for the DOJ, not just an...more

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