Member News

Wilson Sonsini | Beware: Increasingly Aggressive Enforcement Actions in the Crypto Asset Industry Put Companies on Notice

Regulators are increasingly taking enforcement action against crypto asset industry participants for violating anti-money laundering (AML) and sanctions laws. Regulators are concerned about the illicit use of crypto assets and are increasingly scrutinizing crypto asset companies. As we have previously discussed,1 companies in the crypto asset industry must be acutely aware of their AML and sanctions obligations or face the risk of an enforcement action by a federal or state regulator. As the chart below documents, federal and state regulators,...

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Member News

CLA | Have we been experiencing a freight recession?

While many experts have argued we haven’t been in an economic recession for the last 12-18 months, the transportation space may be in a different spot. Over the last few weeks, we’ve seen results from the publicly traded motor carriers with decreased revenues, earnings, or both. There have been statements referencing a softening economy, tough shipping environments, and even recession. This isn’t surprising as many would argue we’ve been experiencing one for a while now. Freight rates have fallen...

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Chapter News

EU Antitrust: Commission sends Statement of Objections to Google over abusive practices in online advertising technology

The European Commission has informed Google of its preliminary view that the company breached EU antitrust rules by distorting competition in the advertising technology industry (‘adtech'). The Commission takes issue with Google favouring its own online display advertising technology services to the detriment of competing providers of advertising technology services, advertisers and online publishers. Google is a US multinational technology company. Google's flagship service is its search engine Google Search. Google also operates other popular services, such as the video...

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Member News

Cushman & Wakfield | What Occupiers Want: Global Survey Results 2023

Highlights from this year’s What Occupiers Want report include perspectives on workplace design, global talent recruitment, flexible work and changes to real estate portfolios. Since 2015, Cushman & Wakefield has been taking the pulse of CRE leaders around the world to understand What Occupiers Want. In our annual survey—conducted in partnership with CoreNet Global External Link—we ask about trends in office location and workplace, perspectives on changes to portfolios, and strategies around policies, procedures and decision-making. Over the past five...

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Chapter News

European Medicines Agency: EU Council agrees approach on a more modern and simplified fee structure

EU health ministers have set out the Council’s position on a regulation to modernise and simplify the structure of the fees payable to the European Medicines Agency (EMA) to better reflect the evolving demands and challenges it faces. The general approach approved today will enable the Council to start negotiations with the European Parliament. The European Medicines Agency and national competent authorities play vital roles in protecting and promoting public and animal health. Today EU health ministers endorsed an approach...

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Chapter News, Trade & TTIP Related

EU extends trade benefits for Ukraine

The suspension of import duties, quotas and trade defence measures on Ukrainian exports to the European Union – known as the Autonomous Trade Measures (ATMs) – are in place for another year. This strong testament to the EU's unwavering support for Ukraine will help alleviate the difficult situation faced by Ukrainian producers and exporters because of Russia's unprovoked and unjustified military aggression. The EU is phasing out by 15 September 2023 the exceptional and temporary preventive measures adopted on 2...

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Chapter News

Migration policy: EU Council reaches agreement on key asylum and migration laws

The Council today took a decisive step towards a modernisation of the EU’s rulebook for asylum and migration. It agreed on a negotiating position on the asylum procedure regulation and on the asylum and migration management regulation. This position will form the basis of negotiations by the Council presidency with the European Parliament. No member state can deal with the challenges of migration alone. Frontline countries need our solidarity. And all member states must be able to rely on the...

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Member News

EXEO Attorneys | Immigration U.S. & Canada, June 2023

The monthly newsletter gives you an overview of recent notable changes in Canadian and American immigration. Here is an overview of the most recent news as of June 9, 2023. CANADA Immigration as a continued Headline The Quebec Prime Minister, François Legault, announced new criteria requiring a minimum level of French for economic immigrants applying into the province’s upcoming programs. The goal of the government being to have all economic immigrants speak French by 2026. The province is also seeking to protect...

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Chapter News

ECB Speech | Luis de Guindos: EU banking package

Contribution by Luis de Guindos, Vice-President of the ECB, at Seminar on the Capital Requirements Regulation and Directive (CRR/CRD) | Madrid, 9 June 2023 | CRR3/CRD6: key last step to fully leverage on the lessons learned from the global financial crisis It is a great pleasure to take part in this seminar about the outstanding Basel III reforms in Europe. These rules have been developed and agreed upon at international level by central banks and bank supervisors, in response to the lessons...

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Member News

Vulcan Insight | EU and WHO partner to launch digital initiative for global health security

On 5 June, a significant collaboration in the field of digital health was unveiled by the European Commission and the World Health Organization (WHO). In June of 2023, the WHO will adopt the EU’s digital COVID-19 certification to form a global system. This global system aims to facilitate international travel and safeguard individuals worldwide from existing and future health risks. It serves as the initial step towards the development of the WHO Global Digital Health Certification Network (GDHCN), which will create a diverse range of digital...

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