This is not a trivial question because the supervisory authority designated in each Member State will now be entitled to impose more stringent administrative sanctions under the new General Data Protection Regulation ('GDPR') than what is currently possible. And that’s not all: sanctions can otherwise be imposed by courts also.  So, what could happen when one violates data protection rules? The administrative sanctions imposed by the supervisory authority are two-fold: it can (i) take one or more of the measures listed in...

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U.S. Customs and Border Protection (“CBP”) has published “interim” regulations detailing a new framework and legal procedures for investigating potential evasion of antidumping (“AD”) and countervailing duty (“CVD”) liability.  A process has now been put in place that allows domestic manufacturers or competitors to file allegations of AD/CVD evasion and participate in the investigation thereof. The new framework provides for strict time deadlines that will require immediate and comprehensive responses from the targeted importers. These interim regulations are effective immediately. Interested...

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Summary/Objective  The Vice President, Sales position is responsible for establishing the sales volume and profit targets for its eggbon technology products to meet the company objectives. Responsible for developing strategic sales plans based on company goals that will promote sales growth and customer satisfaction for the organization. Essential Functions Develops annual sales plan in support of organization strategy and objectives. Directs implementation and execution of sales policies and practices. Ensures communications are coordinated with SanTech Senior Management Team. Recommends sales strategies for improvement based...

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On 30 June 2016, the European Commission adopted a Delegated Act supplementing the EU Regulation on key information documents (“KID”) for packaged retail and insurance-based investment products (“PRIIPs”) (the “PRIIPs Regulation”). The Delegated Act introduces regulatory technical standards (“RTS”) specifying the content and underlying methodology of the KID that will have to be provided to retail investors when they buy certain investment products. The PRIIPs Regulation introduces a pan-European standardised precontractual disclosure document requirement for manufacturers of PRIIPs to assist...

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The secret to the success of the John Lewis Partnership – as one of the UK’s leading employee-owned companies, where all 90,000-plus ‘partners’ participate in the business and receive the same percentage of salary paid as a profit-sharing bonus – has recently gone public. The Nuttall review of 2012 raised awareness of employee ownership, and the Finance Act 2014 introduced a new Employee Ownership Trust (EOT), which offers tax benefits, including income tax relief on John Lewis-style bonuses. Employee-owned businesses...

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As 80 percent of learning takes place through our eyes, a comprehensive eye exam is the only way to ensure a child can see clearly and has healthy eyes that work properly. It is also one of the most important ways parents can give their child the best possible chance at success. To advocate for every child’s right to see clearly,Optometry Giving Sight, Vision Impact Institute and VSP Global ;">have teamed up to form Kids See: Success, with the goal...

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Curtis attorneys Michael S. Schwartz and Daniel Dykes were invited to give a presentation to the nationwide trust department of a major New York bank on July 28, 2016. The presentation focused on their recent article, “The Chan Zuckerberg Initiative” which appeared in the May 2016 issue of Trusts & Estates magazine.  The article discusses the recently announced charitable LLC created by Mark Zuckerberg and his wife, Priscilla Chan, and compares it to more traditional philanthropic vehicles. Compliments by Curtis, Mallet-Prevost,...

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A number of importers have received compliance letters from Customs. These letters identify a number of Customs Informed Compliance Publications, and remind importers of their obligation to exercise reasonable care in preparing and filing their customs entries. These notices are intended to encourage importers to review their import procedures and entry declarations to achieve higher levels of compliance. At the same time these letters will likely be used against importers to increase potential penalty claims if Customs identifies any violations...

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HMRC's new attack on the tax avoidance industry HMRC is in hyperactive mode right now – consultation documents are coming at us from all angles (even though it's August!) leaving advisors wondering when we can put our feet up and read some fiction. Amongst this flotilla of condocs is one which has caught the attention of the press entitled "Strengthening Tax Avoidance Sanctions and Deterrents" and this edition will look at the proposals contained within it and comment on how...

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