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Stephenson Harwood | Data and Cyber Update – August 2026

Welcome to the latest edition of the Stephenson Harwood Data and Cyber Update, covering the key developments in data protection and cyber security law in August 2026. In data regulation news, the ICO has opened a consultation on anonymisation and pseudonymisation for research, Ofcom has published its first major age-assurance report, the ICO has set out its expectations for police use of facial recognition, France's Constitutional Council has struck down the country's proposed under-15 social media ban, and the Austrian...

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Wilson Sonsini | The Entrepreneurs Report: Private Company Financing Trends, Q2 2026

Wilson Sonsini is pleased to present the Q2 2026 edition of The Entrepreneurs Report. We’ve compiled a range of data on venture, convertible note, and SAFE financing transactions in which the firm was involved during the second quarter, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Market Perspectives – Mid-Year Check-In: Artificial intelligence (AI) continues to dominate headlines in the first half of 2026, but deal activity is...

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Member News, News, Trade & TTIP Related

GDLSK | CBP Announces Enhanced Enforcement of IOR Requirements and Voiding of Importer Numbers for Inaccurate Form 5106 Information

U.S. Customs and Border Protection has issued a General Notice announcing enhanced enforcement procedures to verify the accuracy of information submitted on CBP Form 5106.  Significantly, the initiative applies not only to new importer applications, but also to the Form 5106 information already on file for existing importers.  The notice was published on August 19, 2026, and states that enforcement will begin 30 days after publication (September 18, 2026). Beginning on that date, CBP states that it will immediately void an...

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Member News, News, Trade & TTIP Related

Ogletree Deakins | Canada Announces $7.5 Billion Support Package for Tariff-Affected Employers

On August 25, 2026, the Canadian federal government announced a $7.5 billion package of new and enhanced measures to support workers and businesses impacted by the latest round of U.S. tariffs. This builds on nearly $25 billion in supports rolled out over the past eighteen months. For employers with Canadian operations, several of these measures have immediate workforce planning implications. Quick Hits On August 25, 2026, Canada announced new support programs to help employers impacted by the latest round of...

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Baker Tilly x Anchin | U.S. Expansion Playbook – Building a U.S. Presence: Key Accounting and Compliance Issues for Foreign Entities

There are several operational issues foreign businesses should be aware of when they are considering expanding into the U.S., including: Assessing whether the business will have a physical presence in the U.S., Day-to-day business management, such as inventory, online sales, and hiring U.S. employees, Determining whether the foreign parent or U.S. subsidiary will handle certain business expenses, and Managing any intercompany payments between the two entities. Another significant aspect to consider is how a foreign business will handle accounting for...

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Member News, News, Trade & TTIP Related

Jaguar Freight | Routes and Rates

In this week’s Roar: Record high port congestion, optimism in the Red Sea, rising air rates from Asia to the EU, contrasting East Coast to West Coast rates, and unpredictable lead times for South American importers. In conditions reminiscent of the pandemic, port congestion has hit a record high, with 4.31 million TEU of container capacity stranded around the globe. The situation has worsened due to delays in Asia and Europe and longer routes around Africa, which have also helped...

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Barnes & Thornburg | U.S. Considers New Six-Figure Fees Following Appellate Court Decision

Highlights U.S. Citizenship and Immigration Services (USCIS) proposed a $103,265 fee for all cap-subject H-1B petitions, which is a broader scope than the prior $100,000 fee. The newly proposed H-1B fee would not apply to extension, change of employer, or cap-exempt petitions. The proposed rule will undergo a 30-day public notice and comment period, after which USCIS will announce its implementation, if applicable. The executive branch is also considering a $100,000 fee for Optional Practical Training (OPT), which would...

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Member News, News, Trade & TTIP Related

Thompson Hine | United States Implements 50% Tariffs on Canada; Canada Responds with Matching Retaliatory Tariffs

On August 21, 2026, trade negotiations between the United States and Canada faltered and the parties, for now, have ceased further negotiations. As a result, the United States has implemented 50% tariffs on a broad range of Canadian products under Section 338 of the Tariff Act of 1930. First announced on July 20, 2026 (see SmarTrade update of July 21, 2026), when President Donald Trump signed three Presidential Proclamations imposing these additional, implementation of these tariffs was delayed until August 22,...

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CILC | U.S. Company Cannot Rely on U.S. Attorney-Client Privilege Rules in the EU

For EU antitrust investigations, a U.S. company cannot rely on U.S. attorney-client privilege to prevent the Commission from demanding U.S.-located documents, particularly communications with in-house counsel. The context is an EU antitrust investigation into Broadcom/VMware’s licensing practices (VMware virtualization-software licensing practices following Broadcom’s 2023 acquisition of VMware, including moving customers from perpetual licenses to subscriptions, bundling VMware products, significant price increase, contractual terms that could increase customer lock-in, restrict interoperability, or make it harder for customers to switch). What happened The...

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Member News, News, Trade & TTIP Related

Jaguar Freight | Rate Check

In this week’s Roar: Global trade remains robust, the U.S.-Asia trade war, diesel prices are up and so are global air freight rates, and how far global CEOs will go to mitigate risk. So far this year, global trade has remained surprisingly robust, especially from China. But shipping lines and ports still face challenges as empty containers pile up in the U.S. and Europe. The East-West trade imbalance is worsening, driving port congestion that hinders efficiency and burdens carriers with zero-revenue...

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