Member News

Wilson Sonsini | California Enacts Major AI Safety Legislation for Frontier AI Developers

On September 29, 2025, California Governor Gavin Newsom signed into law Senate Bill 53, the Transparency in Frontier AI Act (TFAIA), the first-of-its-kind AI legislation in the U.S. that will require large AI developers to publicly disclose how they plan to mitigate potentially “catastrophic risks” posed by advanced frontier AI models. The law builds on recommendations from the June 2025 report from the Joint California AI Policy Working Group and is a pared-back successor to last year’s unsuccessful Senate...

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Member News, News

Greenberg Traurig | How Robotics Startups Can Avoid Costly IP Mistakes

Robotics startups can live or die by their intellectual property (IP). Strong IP can protect innovations, deter competitors, and be the difference between attracting investment or being left behind. Yet, in a field that blends hardware, software, AI, and data, many young companies stumble on the basics — whether by overlooking trade secrets, disclosing technology too soon, or failing to plan an international patent strategy. Greenberg Taurig will share hard earned insights into the IP landscape for robotics during RoboBusiness (Oct. 15-16 in...

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Chapter News, News

European Commission | New Platform to Enhance Transparency in Mineral Supply Chains

DG TRADE launched a new platform aimed at boosting transparency in mineral supply chains. This new tool, named ReMIS (Responsible Mineral Information System), allows economic operators to register and share their due diligence policies and initiatives to ensure responsible sourcing of metals and minerals. It will enable them to share best practices with the broader public and showcase their efforts to increase transparency in their supply chain. ReMIS is part of the EU policy on the responsible sourcing of minerals, including...

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Member News, News, Trade & TTIP Related

Troutman Pepper Locke | Tariffs Imposed on Timber, Lumber, and Derivative Wood Products

On September 29, the White House issued a proclamation (Proclamation) invoking Section 232 of the Trade Expansion Act (Act) to impose tariffs on certain imports of timber, lumber, and derivative wood products into the United States. This action is a response to a U.S. Commerce Department investigation, which found that rising import volumes, supported by foreign subsidies and unfair trade practices, are burdening the U.S. wood products industry. The Tariff Rate The Proclamation imposes a 10% ad valorem tariff on imports...

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Chapter News, News

ECB | More Uncertainty, Less Lending: How US Policy Affects Firm Financing in Europe

Blog post by By Anastasia Allayioti, Giada Bozzelli, Paola Di Casola, Caterina Mendicino, Ana Skoblar and Sofia Velasco | Uncertainty is a key force shaping economic conditions. This post shows that heightened uncertainty about economic policy in the United States significantly affects firm lending in the euro area. This weighs on investment and reduces the effectiveness of monetary policy. Periods of heightened economic policy uncertainty exert significant pressure on economic outcomes. They dampen business confidence, delay investment decisions and constrain...

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Chapter News, News

European Commission | EU to Boost Financial Literacy and Investment Opportunities for Citizens

The European Commission today announced two major initiatives to advance the Savings and Investments Union and deliver tangible benefits for all EU citizens. The comprehensive package focuses on improving financial literacy for all and at all life stages and introduces a blueprint for Savings and Investment Accounts (SIAs) – a tool aimed at making investing simpler and more accessible for everyone. The Financial Literacy Strategy aims to help citizens make sound financial decisions, ultimately improving their well-being, financial security and...

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PwC | IRS Issues New Interim CAMT Guidance

The IRS on September 30 released Notice 2025-46 and Notice 2025-49 , providing interim guidance on the corporate alternative minimum tax (CAMT). These notices address a broad range of issues, including rules for domestic corporate transactions, troubled companies, consolidated groups, financial statement adjustments, and numerous other provisions including mark-to-market adjustments, repair expenditures for certain regulated taxpayers, and certain “eligible” Section 197 goodwill. The guidance offers meaningful relief and clarity for taxpayers as they navigate CAMT compliance ahead of final regulations. PwC will publish additional...

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OgletreeDeakins | Immigration Impacts During a Government Shutdown

A government shutdown may occur if the U.S. Congress does not pass a continuing resolution by September 30, 2025. The shutdown would impact certain immigration-related services and operations. Below is an overview of the potential impacts as well as some strategies to consider in the event of a government shutdown. Quick Hits A government shutdown may occur if the U.S. Congress does not pass a continuing resolution by September 30, 2025, impacting certain immigration-related services and operations. During a government...

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CLA (CliftonLarsonAllen) | Government Shutdown: What Now for Health Care?

A shutdown impacts the industry in various ways: Medicare and Medicaid continue, but discretionary-funded services face interruptions. October 1, the first day of the 2026 federal fiscal year (FFY), is here — and we are now in a federal government shutdown. Existing FFY 2025 funding expired on September 30, and Congress was unable to pass a funding extension. Typically, that has been done via a “continuing resolution” (CR) or an omnibus funding package. Until there is a funding extension enacted, government...

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Member News, News, Trade & TTIP Related

Jaguar Freight | Update on the U.S. Government Shutdown and the Impact on Supply Chains

The NCBFAA has issued guidance on the impact of the current U.S. government shutdown. At this point, it is believed that most "fee funded" agencies will continue operations, but some will do so with reduced staffing levels. Below is additional information provided by the NCBFAA that has been summarized: Trade is expected to be UNCHANGED, for now. Agencies responsible for assisting Trump with trade and tariff negotiations are largely insulated after funding lapsed overnight, according to contingency plans published hours before Wednesday’s deadline. The...

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