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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07 Jul
Member News, News

Loyens & Loeff | EU Digital Regulations: Key Takeaways for Global Companies

The European Union's digital regulatory framework is undergoing a period of rapid transformation, and non-EU companies with any touchpoint to the EU market need to pay attention. In our recent webinar series, we explored three critical dimensions of this evolving landscape: the far reaching implications of the EU AI Act for businesses deploying or providing artificial intelligence systems, the broader data governance reforms reshaping how companies handle personal and non-personal data, and the EU's new cybersecurity obligations under the...

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06 Jul
Chapter News, News, Trade & TTIP Related

European Parliament | MEPs Strengthen the EU’s Carbon Border Adjustment Mechanism and Close Loopholes

Long list of downstream products added to carbon border adjustment mechanism (CBAM) Tougher anti-circumvention rules to prevent abuse A temporary decarbonisation fund to protect EU firms in export markets Environment Committee MEPs have backed extending the EU's carbon border adjustment mechanism to downstream goods and setting up a fund to support industry's low-carbon transition. The Committee on the Environment, Climate and Food Safety adopted its position on proposed changes to the CBAM by 56 to 11, with 12 abstentions. The MEPs...

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06 Jul
Chapter News, News

ECB | Interview with Christine Lagarde, President of the ECB

Interview with Les Échos conducted by Guillaume Benoit and Christophe Jakubyszyn on 24 June 2026 On 11 June, the ECB raised its key interest rates. Do you still think that was the right decision, given that just ten days later Iran and the United States agreed a 60-day ceasefire? We are confident that we made the right choice. As early as April, a large majority of Governing Council members were already prepared to take a decision. But at that point we...

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06 Jul
Member News, News, Trade & TTIP Related

Troutman Pepper Locke | Beyond CAPE: Importers Move for Class Certification to Recover Liquidated IEEPA Tariffs Not Covered in Phase 1 of Refund Process

Key Points Plaintiffs in V.O.S. Selections, Inc. v. Trump moved to certify a mandatory class under Rule 23(b)(2) covering all importers whose IEEPA tariff refund claims remain ineligible for processing through the government’s CAPE program. The U.S. Supreme Court held in Learning Resources, Inc. v. Trump that IEEPA does not authorize the president to impose tariffs, requiring the government to process and pay refunds with interest on all affected entries. The government has limited CAPE to entries liquidated within the preceding 90 days,...

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06 Jul
Member News, News

Trepp | The 13 Colonies Have a New Battle on Their Hands: Office Distress

About 250 years after the original 13 colonies declared their independence from England, their commercial real estate markets are facing a very different battle: CMBS office delinquencies. Office distress is not evenly distributed across our nation's first 13 states. Only four states with CMBS office exposure posted delinquency rates below the national average of 16.75%. Connecticut recorded the highest CMBS office delinquency rate among the states at 52.63%, with 13 properties carrying delinquent loans that have a balance of $730 million....

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