01 Apr
Chapter News, News

European Commission | Questions and Answers on the EU ETS Market Stability Reserve

What is the Commission proposing to change in the EU ETS Market Stability Reserve? The Commission is proposing to stop the automatic invalidation of ETS allowances held in the Market Stability Reserve (MSR) above 400 million. Instead of being cancelled, these allowances will be retained in the reserve. This strengthens the MSR's role as a buffer, improving its ability to respond to future market developments, including situations of supply tightness or excessive price volatility, while preserving the system's rules-based design. Why is the Commission...

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01 Apr
Member News, News, Trade & TTIP Related

CLA | IEEPA Tariff Refunds: FAQs for Importers

Key insights IEEPA tariffs have been ruled unlawful and collections have stopped, but the broader tariff environment remains fluid as replacement tariffs and new trade actions emerge. Refunds are expected, but they won’t be automatic — importers must take affirmative steps in CBP’s ACE system (including electronic refund setup) to receive payment. Companies should plan for related interest, accounting/tax impacts, and potential downstream or transfer‑pricing analysis. Tariffs have been a major cost — and headache — for importers since they were...

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01 Apr
Member News, News

Stephenson Harwood | Data and Cyber Update – March 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 March 2026. In data regulation news, the UK government publishes its long-awaited Copyright and Artificial Intelligence report and impact assessment, and the European Data Protection Board and European Data Protection Supervisor issue a joint Opinion on the European Biotech Act proposal. In cybersecurity news, the European Commission publishes draft guidance on the Cyber Resilience Act, Companies...

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01 Apr
Member News, News, Trade & TTIP Related

Jaguar Freight | The Outlook: Headlines for Q2 2026

The Iran Conflict, Tariff Uncertainty, and Geopolitics Continue to Impact Supply Chains All Over – When Will It End? Global Ports The Headlines: The ongoing conflict with Iran and its impact on shipping through the Strait of Hormuz and the Red Sea are an obvious challenge for the region. And the disruptions have quickly spread globally, up and down supply chains, creating immediate delays at Asian ports (particularly China and India). Getting less attention is the tension over control of ports outside...

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31 Mar
Chapter News, News

OECD | Global Economic Outlook Remains Robust but has Weakened Amid Energy Shock and Geopolitical Risks

The resilience of the global economy is being tested by the evolving conflict in the Middle East, which has generated new inflationary pressures while creating significant uncertainty, according to the OECD’s latest Interim Economic Outlook. Global growth was steady heading into 2026, supported by the strength of technology-related production, lower effective tariffs on US imports and the momentum carried over from 2025. The energy supply shock following the onset of the conflict in the Middle East is expected to significantly weigh...

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31 Mar
Member News, News

Orbiss | Sales Tax vs. VAT: Navigating U.S. Rules with a VAT Mindset

Expanding your business to the U.S. is an exciting venture! But if you're coming from a VAT-familiar region, like the EU, you'll quickly discover that U.S. sales tax plays by different rules. Don't worry, this guide is designed to be your friendly compass, helping you translate your VAT know-how into confident U.S. sales tax compliance! VAT BASICS (A QUICK REFRESHER) To truly grasp U.S. sales tax, let's briefly revisit the VAT system many international businesses are accustomed to: What is VAT? Value Added Tax...

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30 Mar
Member News, News

TABS | Boots on the Ground: Why Local Talent is the Key to U.S. Expansion

For European companies eyeing sustained success in the American market, employing locally in the U.S. is one of the most decisive strategic moves a business can make. While early stages of a U.S. market entry may rely on remote management or existing distributors, this approach offers only a fragile foothold. Building a dedicated local team provides the crucial market insight, operational agility, and intrinsic trust required to establish long-term growth and credibility. It signals to competitors, clients, and partners alike...

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30 Mar
Member News, News, Trade & TTIP Related

TecEx | Cyber Resilience Act (CRA): What Exporters Trading with the EU Need to Know

The Cyber Resilience Act (CRA) is one of the most important new cybersecurity regulations affecting companies that sell or import technology products into the European Union. For businesses exporting goods to the EU, the Cyber Resilience Act (CRA) introduces mandatory cybersecurity requirements for a wide range of digital products. Companies that fail to comply could face restricted market access, penalties, or product recalls. If your business manufactures, imports, or distributes products with digital components, understanding the CRA is critical to...

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30 Mar
Member News, News

Sprintax | How Players Will be Taxed at the 2026 World Cup

The 2026 FIFA World Cup, set to be held this summer across the United States, Canada, and Mexico, will present players and federations with challenges on and off the pitch. While players strive for on pitch glory, off the pitch this World Cup presents a complex landscape of international tax obligations for players, especially nonresident athletes earning income from participation bonuses or other event-related earnings across the U.S. Understanding these tax rules is crucial for players, federations, and sponsors....

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30 Mar
Chapter News, News, Trade & TTIP Related

IMF | How the War in the Middle East is Affecting Energy, Trade, and Finance

Energy prices, supply chains, and financial markets are the main transmission channels, but the regional effects will vary significantly. The world faces yet another shock. The war in the Middle East is upending lives and livelihoods in the region and beyond. It is also dimming the outlook for many economies that had only just shown signs of a sustained recovery from previous crises. The shock is global, yet asymmetric. Energy importers are more exposed than exporters, poorer countries more than richer...

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