07 Feb
Member News

Littler | What Does the Retained EU Law (Revocation and Reform) Bill Mean for UK Employment Law?

The Retained EU Law (Revocation and Reform) Bill, or “Brexit Freedoms Bill,” is moving through the UK Parliament. Bill would end the special status of Retained EU Law in the UK (those laws kept in place at the time of Brexit) and enable it to be amended, repealed or replaced more quickly and easily. The immediate potential impact of this law for employers would be the possible deletion of certain employment regulations unless they are preserved or replaced. The...

Read more

07 Feb
Chapter News

Ukraine: EU and G7 partners agree price cap on Russian petroleum products

The European Union – together with the international G7+ Price Cap Coalition – have today adopted further price caps for seaborne Russian petroleum products (such as diesel and fuel oil). This decision will hit Russia's revenues even harder and reduce its ability to wage war in Ukraine. It will also help stabilise global energy markets, benefitting countries across the world. It comes on top of the price cap for crude oil in force since December 2022, and will complement the...

Read more

06 Feb
Member News

GDLSK | USTR further extends China 301 Exclusions on 81 “COVID items”

In a notice scheduled to be published in the Federal Register on February 7, 2023, the office of the U.S. Trade Representative (USTR) announced that it is again extending the China 301 tariff exclusions on 81 “COVID items” which would have otherwise expired on February 28, 2023. The extensions will run through May 15, 2023. The specific items in question can be accessed here. By way of background, the USTR had previously announced the extension or modification of a total of 99...

Read more

06 Feb
Member News

Noerr | What does the Foreign Subsidy Regulation mean for M&A transactions?

Practitioners and EU officials alike seem to be in agreement that the Foreign Subsidy Regulation (Regulation (EU) 2022/2560; “FSR”), which entered into force on 12 January 2023 (see our News Alert here), will have a significant effect on M&A deals. The new notification tool for transactions introduced in Articles 19 to 26 of the FSR has the potential to impose major bureaucratic burdens on deal parties by requiring them, if certain thresholds are exceeded, to notify certain transactions and...

Read more

06 Feb
Chapter News

ECB | Cash or cashless? How people pay

The ECB has asked people in the euro area how they pay and which payment methods they prefer. The ECB Blog discusses our survey findings and what they mean for the future of cash and digital means of payment. Digitalisation has changed, and will continue to change, the way people make payments. Today’s payment options are in some ways unrecognisable from what was available a decade ago. Using a device or app, you might pay for your groceries with your...

Read more

06 Feb
Member News

Mason Hayes & Curran | Technology Update: The EU Digital Services Act Enters Into Force

What does this new landmark law mean for service providers? The Digital Services Act (DSA) establishes a framework for an unprecedented level of transparency, accountability and fairness for digital services in the EU. It imposes obligations in a cascading fashion, with a base level of universal obligations and more onerous obligations applying to three specific categories of service provider. The DSA applies where recipients of a service are based in the EU, regardless of the service provider’s place of establishment....

Read more

03 Feb
Chapter News

IMF | Global Economy to Slow Further Amid Signs of Resilience and China Re-opening

The fight against inflation is starting to pay off, but central banks must continue their efforts The global economy is poised to slow this year, before rebounding next year. Growth will remain weak by historical standards, as the fight against inflation and Russia’s war in Ukraine weigh on activity. Despite these headwinds, the outlook is less gloomy than in our October forecast, and could represent a turning point, with growth bottoming out and inflation declining. Economic growth proved surprisingly resilient in the...

Read more

03 Feb
Member News, Trade & TTIP Related

Vulcan Insight | EU Commission presents Green Deal Industrial Plan for the Net-Zero Age

Ever since the U.S. government presented its Inflation Reduction Act (IRA), the EU has considered how best to respond. In response, on Wednesday, the European Commission presented its Green Deal Industrial Plan. The plan aims to boost the Union’s net-zero industry and its competitiveness with a focus on the transition to climate neutrality. With the European Green Deal, the 27 EU Member States want to become climate neutral by 2050. In a first step, greenhouse gas emissions are to be reduced by at...

Read more

02 Feb
Chapter News

The Green Deal Industrial Plan: putting Europe’s net-zero industry in the lead

Today, the Commission presents a Green Deal Industrial Plan to enhance the competitiveness of Europe's net-zero industry and support the fast transition to climate neutrality. The Plan aims to provide a more supportive environment for the scaling up of the EU's manufacturing capacity for the net-zero technologies and products required to meet Europe's ambitious climate targets. The Plan builds on previous initiatives and relies on the strengths of the EU Single Market, complementing ongoing efforts under the European Green Deal...

Read more

02 Feb
Member News

Global Taxes LLC | How the IRS Shares Taxpayer Info With Other Governments

The Internal Revenue Service is ready, willing and able to help authorities worldwide with tax enforcement – especially with the sharing of taxpayers’ information. In Zhang v. United States, taxpayers recently appealed a decision from the U.S. District Court for the Northern District of California that denied their petition against an IRS summons for information. The summons was at the request of the Canadian tax authority; the U.S. and Canada have a bilateral tax treaty. The Ninth Circuit Court sided with the...

Read more

«‹247248249250251›»