07 Jan
Member News, News

Loyens & Loeff | EU Tax Alert – Edition 213

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. European Commission opens public consultation on possible recast of the DAC On 16 December 2025, the European Commission opened a public consultation on a possible legislative proposal to recast the Directive on Administrative Cooperation (2011/16) (DAC). The consultation targets a broad range of stakeholders...

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07 Jan
Member News, News

Troutman Pepper Locke | Beyond the 50 Percent Rule: OFAC’s Recent Private Equity Enforcement Action Shows Why Ignoring Indirect Sanctions Risk Can Be Costly

Overview The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently announced an $11.5 million settlement of an enforcement action against a U.S.-based private equity and infrastructure investment firm (the firm) for violations of U.S. sanctions in connection with an investment indirectly backed by a sanctioned individual. The action provides important guidance on OFAC’s expectations regarding ownership, control, and indirect involvement by sanctioned persons, as well as the limits of relying on outside counsel when material facts are not...

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07 Jan
TRIA News

DFC | The U.S. International Development Finance Corporation Announces Launch of Online Application Portal for U.S.-Ukraine Reconstruction Investment Fund

WASHINGTON, D.C. – The U.S. International Development Finance Corporation (DFC) today announced the launch of its new online portal for applicants to submit projects to the U.S.-Ukraine Reconstruction Investment Fund (URIF). This follows December’s announcement that the fund is fully operational and poised to start underwriting its first investments in 2026. “DFC is excited to begin 2026 with the launch of the URIF application portal. The fund is ready to deploy investments that will advance shared economic security and prosperity for...

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17 Dec
News, TRIA News

DFC | The U.S. International Development Finance Corporation CEO Ben Black Signs Loan Agreement for Lobito Atlantic Railway, Securing Critical Minerals for Mutual U.S.–Africa Benefit

Washington, D.C.– The U.S. International Development Finance Corporation (DFC) held a greatly anticipated signing ceremony highlighting the financial close for the Lobito Atlantic Railway (LAR). This important milestone underscores the United States’ commitment to advance strategic infrastructure that promotes regional trade, mutual economic growth, and long-term U.S.-Africa cooperation. CEO Ben Black was accompanied by Assistant Secretary of State for Economic, Energy, and Business Affairs Caleb Orr, Angola’s Minister of Transportation Ricardo D’Abreu, Development Bank of South Africa (DBSA) Group...

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17 Dec
Chapter News, Member News, News, Trade & TTIP Related

EIB | How are EU and US firms Navigating Higher Tariffs?

Tariffs and trade disruptions dominated headlines in 2025. European firms rely heavily on global trade – it represents about half of EU output. Despite that, European businesses are not radically overhauling their globalised approach. Instead, they are investing to make their supply chains more efficient and resilient. US firms are a different story. While they rely less on global trade (it represents roughly one-quarter of output), new tariffs caused them to reduce imports and diversify the countries they import from....

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17 Dec
Member News, News

Wilson Sonsini | Trump Administration Issues Executive Order on National AI Policy and Deregulation

On December 11, 2025, the White House issued an Executive Order (EO), “Ensuring a National Policy Framework for Artificial Intelligence,” that establishes a new federal policy on artificial intelligence (AI). The EO states that it is “the policy of the United States to sustain and enhance the United States’ global AI dominance through a minimally burdensome national policy framework for AI.” The EO asserts that leadership in AI is critical to U.S. national and economic security and dominance and...

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17 Dec
News, TRIA News

DFC | The U.S. International Development Finance Corporation Strengthens Strategic Partnerships with the Democratic Republic of the Congo and Rwanda to Bolster Supply Chain Security and Economic Growth

Washington, D.C. – The U.S. International Development Finance Corporation (DFC) today announced two Letters of Interest (LOIs) which will deepen strategic U.S. partnerships with the Democratic Republic of the Congo (DRC) and Rwanda to advance economic growth, strengthen supply chain resilience, and bolster mutual security and prosperity. The first LOI is focused on a proposed DFC equity investment in a joint venture between Gécamines SA, the DRC’s state-owned mining enterprise, and Mercuria Energy Trading, a leading global commodities group. The partnership...

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17 Dec
Member News, News, TRIA News

EIB | EIB Global and EU, Under the Global Gateway Initiative, Support Wind Farm Expansion in Cabo Verde

€39 million EIB loan under the Global Gateway Initiative for the expansion of a landmark renewable energy project The new wind turbines and battery system inaugurated today are part of the wind farm expansion, which is expected to generate 30% of the country’s electricity The investment will reduce the country’s dependence on imported fossil fuels and strengthen energy security Today, new wind turbines and a battery system were inaugurated in Cabo Verde, thanks to additional financing of more than...

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16 Dec
Chapter News, News

European Commission | Commission Announces Strategic Approach to Strengthen Europe’s Economic Security

Today, the European Commission and the High Representative presented a Joint Communication on strengthening Economic Security. It outlines concrete steps to reinforce the EU's strength and resilience in the face of growing external economic threats, while retaining our openness and commitment to international trade and investment. The Joint Communication builds on the Economic Security Strategy of 2023 which set the overarching economic security objectives of promoting industrial strengths, protecting European interests and partnering with like-minded countries. This Communication sets out the EU's strengthened approach to addressing risks, using all...

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16 Dec
Member News

Barnes & Thornburg | Trump Issues Executive Order on AI, Seeking to Curb State Regulation

Highlights The Trump Administration is seeking to create a uniform federal policy to promote the development of artificial intelligence. State laws that conflict with this policy may be challenged by the federal government in court or may result in the withholding of federal funding. For now, companies should assume that state AI and automated decision-making frameworks will move forward on their existing enforcement schedules despite the Order. “n a race with adversaries for supremacy…United States AI companies must be free...

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