Member News

Mason Hayes & Curran | EU Common Charger to Become a Reality

Cutting down on electronic waste and reducing hassle for consumers are the aims of the EU’s proposed switch to a single charger for small electronic devices. The USB-C will become the standard port for all phones, headphones, tablets, cameras and portable speakers chargeable via a wired cable by late 2024 or early 2025. This will eliminate the need for consumers to have different chargers for different devices. The rules will also harmonise charging speed of new devices and introduce...

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GDLSK | Important updates to export enforcement policies announced by the Bureau of Industry and Security

At the recently concluded Bureau of Industry and Security Update Conference in Washington, D.C., Assistant Secretary for Export Enforcement, Matthew Axelrod, announced four significant policy changes affecting export enforcement, which are focused on increasing the consequence of an export violation and strengthening the efforts of the Office of Export Enforcement to keep sensitive U.S. technologies out of the hands of the those that may pose national security threats to the United States. Below, we summarize the policy changes outlined in...

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Member News

FTI Consulting | Introduction to Resilient Energy Projects: Reliability and Carbon Reduction

Historically, power resilience was primarily achieved by utilizing a variety of infrastructure hardening methods; however, as grid modernization has propagated through the industry, even more advanced approaches are being sought to enhance system resiliency. The concept of unwinding the centralized generation model by collocating generation assets with their load centers is seen as a logical choice to limit system failure exposure by bypassing the extensive transmission and distribution infrastructure needed to serve load from centralized generation sources. The use...

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Chapter News

U.S. FED | Speech: Crypto-Assets and Decentralized Finance through a Financial Stability Lens

Speech by Vice Chair Lael Brainard at Bank of England Conference, London, United Kingdom on July 08, 2022 | Recent volatility has exposed serious vulnerabilities in the crypto financial system.1 While touted as a fundamental break from traditional finance, the crypto financial system turns out to be susceptible to the same risks that are all too familiar from traditional finance, such as leverage, settlement, opacity, and maturity and liquidity transformation. As we work to future-proof our financial stability agenda, it...

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Chapter News

IMF | New Energy Imperative

Russia’s invasion of Ukraine highlights the crisis and opportunity of the energy transition It is hard to look at a crisis like Russia’s invasion of Ukraine and see a moment of opportunity. We—to say nothing of Ukrainians—are still very much in a crisis, and a compounding one at that, with potential long-lasting economic and political consequences. It is similarly clear that talk of “opportunity” cuts both ways. Vested interests are often the ones that benefit the most from swift political action,...

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Chapter News

EU Commission welcomes return by Canada of gas pipeline turbine

The European Commission welcomes the decision by Canada to return a natural gas pipeline turbine to Germany after its repair, for use in the Nord Stream 1 pipeline. With the return of this part, one of the excuses being used by Russia for reduced gas flows has been removed. The Commission has been in close contact with both Germany and Canada on this issue, and with Siemens, to ensure that we were well informed of the situation. The Commission continues...

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Member News

Jaguar Freight | Weekly Roar: The Choice of Ethics or Delivery Times

In this week’s Roar: some good news on China tariffs with some bad news on China and COVID, congestion in Europe, the state of U.S. logistics – quantified, and a question of ethics in the supply chain. The White House is exploring options on how to put the squeeze on inflation and rolling back some of the tariffs on China may be one of them. It’s expected that sometime soon, President Biden will introduce suspensions on a list of tariffs—just...

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Member News

Loyens & Loeff | EU Tax Alert 195

The new edition of the EU Tax Alert is available. With this publication we would like to keep you informed about the latest developments on EU tax law. We have summarized the highlights of this edition below. General Court judgment on the Commission’s State aid decision on the UK CFC rules (United Kingdom and ITV plc v Commission, T-363/19 and T-456/19) On 8 June 2022, the General Court delivered its judgment in the case United Kingdom and ITV plc v Commission...

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Member News

Littler | UK to Shift Away From GDPR: Government Consultation Confirms Plans to Change UK Data Privacy Regime

The UK government is proposing to amend its data privacy regime to make it easier for employers to comply with its requirements. The main points that would impact employers (if implemented) are that it would be easier to reject or charge a fee for vexatious subject access requests, as well as some of the compliance and paperwork hurdles being removed and replaced with a more “flexible” mechanism. It is possible that, if the EU determines that this lessens the UK’s data...

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Chapter News

Location, health, and other sensitive information: FTC committed to fully enforcing the law against illegal use and sharing of highly sensitive data

Among the most sensitive categories of data collected by connected devices are a person’s precise location and information about their health. Smartphones, connected cars, wearable fitness trackers, “smart home” products, and even the browser you’re reading this on are capable of directly observing or deriving sensitive information about users. Standing alone, these data points may pose an incalculable risk to personal privacy. Now consider the unprecedented intrusion when these connected devices and technology companies collect that data combine it,...

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