Hot Topics in International Trade-The Mod Act
Corruption Crime & Compliance: Alex Cotoia on Compliance with The Uyghur Forced Labor Prevention Act
Episode 309 -- Alex Cotoia on Compliance with the Uyghur Forced Labor Prevention Act
FCPA Compliance Report - Virginia Newman on Enhancing UFLPA Compliance: Solutions for Forced Labor Prevention
The State of Energy Storage: What You Need to Know
Sanction and the Increasing Complexity of Trade Compliance
Hidden Traffic Podcast - More About the Uyghur Forced Labor Prevention Act with Virginia Newman
Torres Talks Trade Podcast- Episode 6- Forced Labor in Supply Chains
Over the next few years, lawmakers and regulators in many jurisdictions will deepen their implementation of new human rights laws that impose significantly higher compliance burdens on companies. Concerns over whether...more
On April 23, 2024, the European Parliament adopted, by an overwhelming 555-6 majority, a landmark law that will establish a sweeping and forceful regulatory regime to prohibit any products made using forced labor from being...more
Key Points - - In light of the vigorous enforcement of the Uyghur Forced Labor Prevention Act, boards in their oversight role should ensure that their companies conduct heightened diligence on their supply chains, including...more
The Act aims to hold fashion retail sellers and manufacturers accountable for their social and environmental impacts through broad supply chain due diligence and public reporting requirements. The fashion industry recognizes...more
As environmental, social and governance (ESG) considerations continue to gain global importance in the context of mergers and acquisitions (M&A), many buyers are requiring human rights in their due diligence processes. As...more
Companies in the manufacturing industry must continue to keep a close eye on the “S” in ESG. One key aspect of the “social” component of ESG involves respecting human rights in supply chains. Indeed, manufacturers are facing...more
Imagine the horror most people feel when they find out their company has engaged a supplier that has been using forced labor, child labor, or indentured servants to create the product. The corporate “zero tolerance”...more
The prevention of forced labor in the global supply chain has been elevated in visibility and consequence over the last several years. In 2022, the emphasis focused largely, though not exclusively, on trade remedies. The...more
The United States, the European Union, and Germany have recently adopted or proposed new rules requiring enhanced due diligence in supply chains, targeting human rights and environmental issues. This alert examines key...more
Sustainability and environmental, social and governance reporting (ESG”) sometimes have strange bedfellows. The social and governance components of both face ever increasing complexity. Effective June 21, 2022, the Uyghur...more
ESG IN A NUTSHELL - The goal of Environmental, Social, and Governance (ESG) programs is simple: minimize risk, increase shareholder value, and contribute to solving societal problems; but do so in a way that is at the same...more
Many have viewed corporate commitments to ESG as largely performative measures amidst toothless compliance frameworks. But this has been changing and we expect that change to continue. One example arises out of the “S” in...more
The Annual Report season will soon be upon us, and it is important to assess a company's risk factors at the outset and whether recent developments, including those relating to macroeconomic, geopolitical, and public health...more
Takeaways - With ongoing supply chain disruptions and uncertainty, companies continue to consider diversifying their sources for key supplies and inputs. Altering supply chains can bring new legal and regulatory risks,...more
I recently had the opportunity to visit with several folks from Assent Inc. for a sponsored podcast series entitled Supply Chain and ESG – What You Need to Know. We discussed: ESG drivers with Jared Connors and James Calder;...more
Key developments - The most recent article in Foley & Lardner’s Supply Chain Disruption Series provides an overview of current issues affecting the production and supply of lithium-ion batteries . Click here to subscribe...more
This week’s episode looks at the U.S. government’s enforcement of laws that combat forced labor in supply chains, including the newly passed Uyghur Forced Labor Prevention Act, as well as the impact of forced labor compliance...more
In April 2022, the U.K. Health Secretary, Sajid Javid, announced plans to prohibit the United Kingdom’s National Health Service (“NHS”) from buying goods and services connected with forced labour or human trafficking. This...more
As the global economy faces the third year of the pandemic, manufacturers are no longer focused on figuring out when things will return to “normal.” Instead, they are applying lessons learned from the past few years to become...more
Some apparel, fabric and other goods just became more likely to get stuck at the border if U.S. Customs and Border Protection (“CBP”) suspects they contain cotton from Xinjiang or from companies on a recently published U.S....more
As previously discussed in this December Alert, the Uyghur Forced Labor Prevention Act (UFLPA) is effective as of June 21. Customs and Border Protection (Customs) now presumes that all goods produced in Xinjiang, China are...more
Can you prove the absence of forced labor in your supply chain? As of June 21, 2022, US Customs and Border Protection (CBP) will presume that all goods manufactured in whole or in part in the Xinjiang Uyghur Autonomous Region...more
On December 21, 2021, President Joe Biden signed into law legislation entitled the Uyghur Forced Labor Prevention Act (“UFLPA”), which came into effect on June 21, 2022. In relevant part, the law prohibits certain imports...more