27 Jul
Member News, News

Stephenson Harwood | The “Digital Omnibus” on AI: Ten Key Takeaways

On 27 July 2026, the agreed final text of the Digital Omnibus on AI (the “Digital Omnibus on AI”) entered into force, following its publication in the Official Journal of the European Union. Originally proposed by the European Commission (“Commission”) in November 2025 (the “Proposal”), and subject to multiple rounds of trilogue negotiations in April and May 2026, the European Parliament (“Parliament”) and Council of the European Union (“Council”) reached a provisional political agreement to amend and streamline the EU...

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27 Jul
Member News, News

OCO Global | Remembering the 2025 Tariff Wars: What Capital Did Next

Early investment data suggest trade uncertainty is changing the scale and character of investment into the US, even as project numbers remain broadly stable. Early 2025 already feels like a foreign country: familiar enough to recognise, strange enough to need explaining. For a few months, tariffs were everywhere. Steel. Aluminium. Reciprocal tariffs. Trade deficits. And, of course, “Liberation Day”. Washington argued that exemptions had weakened domestic industry and left critical supply chains exposed. Europe warned of higher costs, disruption and retaliation. In...

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27 Jul
Member News, News, Trade & TTIP Related

Troutman Pepper Locke | Carrots and Sticks: Aluminum Tariff Breaks and Tougher Defense Sourcing Rules

Key Points President Trump’s July 20, 2026, proclamation allows companies that commit to building or expanding U.S. primary aluminum facilities to import a matching quantity of primary aluminum at half the otherwise-applicable Section 232 duty rate. The aluminum onshoring incentive does not reduce Section 232 rates generally — benefits are firm-specific and quantity-limited, and construction on qualifying facilities must begin by January 20, 2029. A companion executive order requires the Secretary of Defense/War and military department secretaries to cease...

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27 Jul
Chapter News, News

ECB | Energy shock: Why Oil and Gas Prices Have Risen Less Than Expected

The ECB Blog | Why have energy prices risen less during the Iran war than after Russia’s invasion of Ukraine? This ECB Blog post compares the two episodes and explains the role of market buffers, demand and competition for LNG shipments. The wars in Ukraine and Iran have both led to significant energy shocks and, as a result, rising energy prices. Yet the two shocks differ markedly in terms of both scale and market impact. Most notably, although the disruptions to...

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09 Jul
Member News, News

Practus LLP | Beyond the Pitch: Behind-the-Scenes Legal News of the World Cup

The 2026 FIFA World Cup is already in the elimination stages in North America, with matches taking over stadiums across the US, Canada, and Mexico. Throughout the month, millions of fans are glued to their screens, completely caught up in the drama of who will claim the ultimate title in global football (ahem, soccer for those of US fans). Most are enjoying for entertainment and love of country, but this article takes a look at that lesser-known side of the World Cup: the legalities of it all.   While the world...

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09 Jul
Chapter News, News, Trade & TTIP Related

USTR | Public Hearings on Proposed Responsive Action in the Section 301 Investigations Relating to Failures to Take Action on Trade in Forced Labor Goods

WASHINGTON – The Office of the United States Trade Representative (USTR) will hold public hearings starting on Tuesday, July 7 and continuing through Thursday, July 9, regarding proposed responsive action in the Section 301 investigations of the acts, policies, and practices, of 60 economies related to the failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor. The hearings will be held at the U.S. International Trade Commission (500 E Street SW, Washington, DC)...

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09 Jul
Chapter News, News

EU Commission | New EU Plan to Address the Risks and Opportunities of Advanced AI for Cybersecurity

The European Commission has presented a plan to address the risks and harness the opportunities of advanced artificial intelligence (AI) in cybersecurity. While the AI can improve security, it can also be misused to identify vulnerabilities, automate attacks, and significantly increase the scale and speed of cyber incidents. The new plan will bring together EU countries, industry, and EU-level organisations to strengthen the cybersecurity of our digital landscape against the vulnerabilities posed by advanced AI. Key actions Evaluating AI models: The AI Act requires advanced AI models...

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09 Jul
Member News, News, Uncategorized

ACG Resources x CILC | AI in Hiring: A Powerful Tool – A Comparison Between EU and U.S. Regulatory Approaches

AI in recruitment has already moved past the “emerging trend” phase. It is embedded in how we source, screen, rank, and engage talent. The conversation now is less about adoption and more about control: who governs it, how it is audited, and what risks businesses are actually taking on. Setting the Stage In the U.S., AI adoption in hiring has been fast, decentralized, and largely market-driven. Vendors are rolling out tools that promise efficiency—resume parsing, candidate matching, behavioral assessments—while...

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08 Jul
Member News, News

Wilson Sonsini | SCOTUS Ruling Calls into Question EU-U.S. Personal Data Flows

On June 29, 2026, the Supreme Court of the U.S. (SCOTUS) held in Trump v. Slaughter that the U.S. President can dismiss members of the Federal Trade Commission (FTC) at will, rather than only for cause, overruling existing precedent regarding independent agencies. This decision of domestic constitutional law could also change the rules governing transfer of personal data from the European Economic Area (EEA, which includes the 27 European Union countries plus Iceland, Liechtenstein, and Norway) to the U.S. The EU-U.S. Data Privacy...

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08 Jul
Member News, News

Stephenson Harwood | AI: The New Frontier for Competition Authority Monitoring and Enforcement

Artificial intelligence (AI) is transforming markets at unprecedented speed. From pricing and procurement to product development and consumer engagement, AI is driving efficiencies and innovation across sectors. At the same time, competition authorities in the UK, EU and US are intensifying scrutiny of how AI is developed and deployed, concerned that it could reduce competition, entrench market power and harm consumers if left unchecked. For businesses, this regulatory focus presents both risk and opportunity. While compliance expectations are rising, competition...

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