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Switzerland European Union

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - September 2024 #3

In this week’s edition, we discuss the Swiss Government’s rejection of a landmark ruling that the country had violated the human rights of a group of its citizens by failing to take adequate action on climate change; a report...more

Akin Gump Strauss Hauer & Feld LLP

US Presidential Elections 2024—What is at Stake for Swiss Companies and Investors?

The November U.S. Presidential electoral campaign is in full swing. Since President Joe Biden ended his reelection bid and Vice President Kamala Harris secured the Democratic Party nomination, polls now show a tight race...more

Vicente LLP

The Current State of Cannabis Reform and Marijuana Policy in European Union Nations

Vicente LLP on

I recently traveled to Amsterdam to participate in an expert seminar on European cannabis and drug policy. The seminar covered various topics, including a thought experiment on where European Union (EU) cannabis reform was...more

Husch Blackwell LLP

European Court: Climate Inaction Violates Human Rights

Husch Blackwell LLP on

On April 9, 2024, the Grand Chamber of the European Court of Human Rights (the “Court) handed down its unappealable judgment in a landmark climate case. Although directed at the Swiss government, the judgment extends to all...more

Mintz

European Court of Human Rights Declares Switzerland Failed to Adequately Address Climate Change

Mintz on

Today, the European Court of Human Rights issued a decision holding that Switzerland violated the human rights of its citizens by failing to adequately protect them from climate change. Specifically, the Court held that...more

Vicente LLP

Top Five Countries to Watch for International Cannabis Reform in 2024

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While the cannabis industry in the United States awaits a marijuana scheduling decision from the Drug Enforcement Agency (DEA), many countries around the world continue to move forward with liberalizing their cannabis...more

BakerHostetler

Swiss Banks Launch Crypto Offerings; GAO Addresses SEC Crypto Bulletin; UK and Hong Kong Publish Crypto Guidance; DOJ and SEC...

BakerHostetler on

Swiss Banks Launch Tokenization Pilot, Crypto Custody and Trading Services - A recent press release announced a pilot by “SIX, the Swiss National Bank (SNB) and six commercial banks” that seeks “to test, in a live...more

Constangy, Brooks, Smith & Prophete, LLP

Legislative Update: Swiss Data Protection Act took effect September 1

The new Swiss Federal Act on Data Protection, known by the acronym “nFADP,” took effect on September 1. The law was enacted by the Swiss parliament in 2020. The law introduces new rights for Swiss citizens, but also...more

White & Case LLP

Switzerland implements EU's 11th package of sanctions on Russia, expanding existing restrictions and extending derogations

White & Case LLP on

On the 16th of August, Switzerland adopted new measures against Russia, following the EU's 11th sanctions package. Switzerland extends the scope of existing sanctions, for example extending export bans to cover the transfer...more

Latham & Watkins LLP

EU-US Data Privacy Framework Goes Live: What Are the Practical Implications?

Latham & Watkins LLP on

The new framework provides an additional route for personal data transfers from the EEA to the US. On 10 July 2023, the European Commission (EC) took the final step to enable businesses to start relying on the new EU-US...more

Arnall Golden Gregory LLP

European Commission Grants EU-U.S. Data Privacy Framework Adequacy Determination

Summary - On July 10, 2023, the European Commission issued an adequacy decision for the EU-U.S. Data Privacy Framework (“EU-U.S. DPF” or “DPF”). The decision concludes that the U.S. ensures an adequate level of protection...more

Goodwin

What Companies Need to Know About the New EU-US Data Privacy Framework for Cross-Border Data Transfers

Goodwin on

On July 10, 2023, the European Commission adopted an adequacy decision for the new EU-US Data Privacy Framework (“DPF”), the revamped transatlantic framework designed to support transfers of personal data from the EU to...more

Wiley Rein LLP

Companies May Begin Submitting EU-U.S. Data Privacy Framework Certifications

Wiley Rein LLP on

As of July 17, 2023, the Data Privacy Framework website and certification mechanism is fully functional and organizations that are approved under the EU-U.S. Data Privacy Framework (Framework) may begin taking advantage of...more

BakerHostetler

The New EU-U.S. Data Privacy Framework in Half a Dozen FAQs

BakerHostetler on

On July 10, 1962, NASA launched Telstar 1, the first active communications satellite linking Europe and the United States through live television transmission. Sixty-one years later, on July 10, 2023, the European Commission...more

Womble Bond Dickinson

European Commission Approves EU-US Data Privacy Framework for Data Transfers - What Does This Mean for Your Organization?

Womble Bond Dickinson on

On July 10, 2023, the EU Commission approved the EU-U.S. Data Privacy Framework (“EU-US DPF”) as a valid transfer mechanism for sharing personal data from European Economic Area countries (those in the EU plus Iceland,...more

McDermott Will & Emery

FDI Screening Mechanism in Force in Belgium

As of July 1, 2023, Belgium has applied a new uniform screening mechanism for FDI, (Foreign Direct Investment) laid down in a Cooperation Agreement, agreed upon by all Belgian regions and the Belgian Federal State. Under...more

White & Case LLP

Overview of Switzerland’s 10th sanctions package in relation to Russia

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On 29 March and 20 April 2023, Switzerland adopted new measures against Russia, following those recently adopted by the EU as part of a tenth sanction package. More industrial, high-tech and aviation goods are now banned for...more

White & Case LLP

Foreign direct investment reviews 2023: A global perspective

White & Case LLP on

Now in its seventh year of annual publication, White & Case's Foreign Direct Investment Reviews provides a comprehensive look into rapidly evolving foreign direct investment (FDI) laws and regulations in approximately 40...more

Eversheds Sutherland (US) LLP

Russia and Belarus sanctions update - March 2023

In recognition of the one-year anniversary of Russia’s invasion of Ukraine, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and US Department of Commerce’s Bureau of Industry and Security (BIS)...more

White & Case LLP

Switzerland adopted the remaining measures of the EU ninth package of sanctions on 25 January 2023

White & Case LLP on

Switzerland implemented the remaining measures of the EU ninth package of sanctions in its Ordinance on Measures Connected with the Situation in Ukraine (the "Ordinance"switz), with effect from 25 January at 18:00 CET. These...more

Eversheds Sutherland (US) LLP

Russia and Belarus sanctions update - December 2022

Oil price cap - The oil price cap has been co-ordinated by the G7 in order to make EU, UK and US services (including (re)insurance) available to third country importers and exporters as long as the price paid for...more

White & Case LLP

Switzerland implements the remaining measures set out in the EU’s 8th sanction package

White & Case LLP on

Switzerland has expanded existing sanctions and implemented new measures in response to the ongoing conflict in Ukraine. The latest modification of the Ordinance on Measures Connected with the Situation in Ukraine (the...more

Eversheds Sutherland (US) LLP

Russia and Belarus sanctions update - October 2022

Recently, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken additional actions against Russia in response to its continued invasion of Ukraine. Specifically, OFAC: ..Issued guidance...more

Littler

Recent Human Rights Due Diligence Law Developments in the European Union, Switzerland, and Japan

Littler on

National and supranational legislatures continue to develop laws requiring employers to conduct due diligence of their operations and those of their business partners in order to address human rights risks such as forced...more

Morgan Lewis

Switzerland Publishes Adequacy List of Countries Receiving Personal Data Transfers

Morgan Lewis on

The Swiss government has drafted a proposed list of countries that are approved to receive personal data transfers out of Switzerland. Japan and South Korea are excluded from the current and proposed lists, requiring...more

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