By Marc S. Friedman |Director of Professional Relations | Global Commerce Education In the most recent article in this series,  I explained how many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by Myth #2 – that forming a business in the US takes a very long time with too many hurdles to overcome. Today I will address Myth #3 - 3. there are so many methods of market entry that it is impossible to...

The EU Insurance Distribution Directive 2016/97 (“IDD”) entered into force on 22 February 2016. EU member states are required to transpose it into national legislation by 1 July 2018 and to apply it to insurers and insurance distributors by 1 October 2018. IDD will replace and repeal EU Insurance Mediation Directive 2002/92/EC (“IMD”). Like the IMD, the IDD covers the regulatory requirements for insurance and reinsurance intermediaries that wish to operate toward European customers. However, the application of the IDD...

Last week’s elections will bring in new legislators at the federal and state levels and The Toy Association team has begun laying the foundation to successfully navigate regulatory and legislative threats and opportunities in 2019 and beyond. The Toy Association is committed to working closely with new legislators and the current administration to support policies that promote growth in the toy industry and those that remain highly protective of children. In the coming months, the Association will meet with newly-elected...

By Áine Cadogan | +353 1 614 7728 | acadoganmhc.ie Just as businesses have begun to come to terms with the GDPR, another regulatory regime has come into force, its arrival having gone largely unnoticed by many businesses. This incoming regulatory regime is called the Network and Information Systems Directive (“NIS Directive”) and the Irish legislationimplementing the NIS Directive (“NIS Regulations”) was signed into law in September of this year. The GDPR was designed to reshape the way that businesses approach data privacy...

VAT on costs incurred in connection with an envisaged share disposal is in principle not recoverable. However, if the reason for the disposal lies in the VAT taxed activities of the parent company, VAT on the disposal costs may be recoverable. Proper and timely documentation of such reasons will play a deciding role. This follows from the judgment of the Court of Justice of the European Union (“CJEU”) in the C&D Foods case (C-502/17) on 8 November 2018. Facts of...