Popular, Cross-Border Transactions

CRD VI and the New EU Third-Country Branch Regime: Harmonization Means Restricted Access

Jones Day on 7/15/2024

The Situation: The European Union ("EU") banking legislation has been substantially reviewed and provides notably for a new regime applicable to cross-border activities from non-EU jurisdictions....more

The Shadow Financial System

White & Case LLP on 6/18/2024

The concept of the shadow financial system rose to international prominence in the aftermath of the 9/11 terrorist attacks. In an interview with a Pakistani newspaper a month later, Osama bin Laden stated that Al Qaeda were...more

United States v. Eaton: IRS Summons Power Overrides EU Privacy Laws

McDermott Will & Emery on 6/3/2024

A US federal district court judge recently endorsed the broad investigative powers of the Internal Revenue Service (IRS) in United States v. Eaton Corp., No. 1:23-mc-00037, May 16, 2024 (N.D. Ohio). During its audit of...more

Cross-border Real Estate ESG: How will the EPBD affect EU member states… and what about the US and UK?

Hogan Lovells on 5/10/2024

What is the latest position on the Energy Performance of Buildings Directive (EPBD)? How will different EU member states implement the new regime? How is the UK grappling with the need to improve energy performance across the...more

The Cybersecurity Administration of China Issues Relaxed Rules for Cross-Border Data Transfers

Katten Muchin Rosenman LLP on 4/16/2024

On March 22, 2024, the Cybersecurity Administration of China (CAC), issued the long-awaited new Regulations on Promoting and Regulating Cross-Border Data Flows (the New Regulations) for compliance with China's Personal...more

China Issues Rules to Clarify and Relax Cross-Border Data Transfer Controls

Pillsbury Winthrop Shaw Pittman LLP on 4/9/2024

A data controller that is not a critical information infrastructure operator that cumulatively exports personal information (excluding any sensitive personal information) of less than 100,000 individuals since January 1 of...more

Sustainability and ESG Advisory Practice Update, March 2024

Wilson Sonsini Goodrich & Rosati on 3/29/2024

We are pleased to share the March 2024 issue of Wilson Sonsini’s Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,...more

European Distressed Real Estate - How Will It Play Out This Time?

BCLP on 3/22/2024

BCLP’s Pan-European Real Estate team hosted a round-table event on 27 February 2024 with several Managing Directors at Alvarez & Marsal to discuss the European commercial real estate market, including the latest developments...more

Global AI Regulatory Update - February 2024

Eversheds Sutherland (US) LLP on 2/22/2024

Welcome to our quarterly Global AI Regulatory Update, summarizing key developments from around the world. On November 27, 2023, AI Security Guidelines were published. The guidelines were led by UK National Cyber Security...more

Navigating the Labyrinth: Artificial Intelligence in the Battle Against Trade-Based Money Laundering

Womble Bond Dickinson on 2/7/2024

In the rapidly evolving financial landscape, governments worldwide are intensifying their focus on compliance in Know Your Customer (KYC) and Anti-Money Laundering (AML) efforts for financial institutions. Trade-Based Money...more

ESG Insights: 10 Things That Should Be Top of Mind 2024

Latham & Watkins LLP on 1/17/2024

Amid new regulations, increased enforcement and litigation, and higher stakeholder scrutiny, companies will need to adopt an integrated and nuanced approach to ESG. In some ways, 2023 was a challenging year for ESG. This...more

The Role of National Security in the U.S.-China Battle Over Foreign Direct Investment

Fox Rothschild LLP on 11/2/2023

As the People’s Republic of China (PRC) has emerged as a major economic power and competitor, the U.S. has leaned heavily on and enhanced its foreign direct investment regime over recent years to protect its national security...more

The Economic Impact of FATF Grey-Listing

White & Case LLP on 10/31/2023

The Financial Action Task Force ("FATF") is the global standard-setter on anti-money laundering ("AML"), countering terrorist financing ("CFT") and counter proliferation financing. FATF's standards, also referred to as...more

Biden Restricts Outbound Technology Investments into China

Fox Rothschild LLP on 10/16/2023

A recent executive order issued by President Biden aims to prohibit or oversee investments in certain sensitive technologies that could threaten the national security of the United States. The executive order, which was...more

National Security in the Age of Blockchain

Oberheiden P.C. on 9/26/2023

Blockchain presents unprecedented challenges around national security. This is true not only for the federal government, but also for businesses in the private sector. From cross-border transactions involving cryptocurrency...more

Global Legal Insights Fintech 2023: BVI

Walkers on 9/13/2023

Approaches and developments - The government of the British Virgin Islands (“BVI”) and the BVI Financial Services Commission (“FSC”) – the principal financial services regulator – have progressed important initiatives in...more

Long-Awaited Outbound Investment Program Finally Addressed

Seyfarth Shaw LLP on 9/5/2023

On August 9, 2023, President Biden issued an Executive Order entitled, “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern” (the “EO”), declaring a national...more

Biden Administration Issues Long-Anticipated Executive Order Restricting U.S. Investment in Chinese Tech

Venable LLP on 8/14/2023

On August 9, 2023, the Biden administration issued its long-anticipated executive order (E.O.) that will prohibit, or impose notification requirements on, U.S. investment in a targeted set of advanced technology sectors in...more

China Issues New Policy to Boost Private Economy

WilmerHale on 8/14/2023

On July 19th, 2023, the Central Committee of the Communist Party of China (CPC) and the State Council jointly released a detailed policy entitled “Opinions on Promoting the Development and Growth of the Private Economy” (the...more

Biden Administration Unveils Proposed Outbound Investment Restrictions Targeting Chinese Advanced Technology Companies

Fenwick & West LLP on 8/11/2023

On August 9, President Biden issued an executive order (E.O.) directing the U.S. Department of the Treasury (Treasury), in consultation with the U.S. Department of Commerce and other U.S. agencies, to adopt regulations that...more

Data Privacy: What Nonprofits Need to Know in the United States, EU and UK, and China

Pillsbury Winthrop Shaw Pittman LLP on 7/6/2023

From long-standing laws to incoming legislation, global nonprofits must understand the requirements and prepare for scrutiny in their handling of personal data. U.S. privacy regulations are currently a complex framework of...more

U.S.-China Policy Update, June 2023

Brownstein Hyatt Farber Schreck on 6/30/2023

Secretary Blinken to Travel to Beijing. Secretary of State Antony Blinken is planning to travel to Beijing on June 18-19 for meetings with senior PRC officials, the first visit to China by a U.S. Secretary of State since...more

Spotlight on Greater China: antitrust and regulatory risks in life sciences distribution channels

Hogan Lovells on 5/25/2023

As part of a new Asia-Pacific (APAC) Life Sciences and Health Care webinar program designed both for companies with commercial interests in APAC and for companies based in the region, Hogan Lovells is hosting a special...more

CFIUS Expands Jurisdiction Over—and States Restrict Chinese Investment in—Real Estate

Akin Gump Strauss Hauer & Feld LLP on 5/19/2023

On May 5, 2023, the Department of the Treasury issued a notice of proposed rulemaking to add eight military installations to the list of sites around which CFIUS has jurisdiction to review real estate transactions. This is...more

[Event] European Forum on Global Economic Sanctions - June 1st - 2nd, Berlin, Germany

American Conference Institute (ACI) on 5/1/2023

Hosted by C5 Group, the European Forum on Global Economic Sanctions is recognized as Europe's Premier, longstanding gathering for financial institutions and global exporters. The industry across Europe is confronting an...more

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