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Member News
Member News
30
Jun
European Commission launches Space Law to boost competitiveness and space safety
On Wednesday, (25 June), the European Commission unveiled a historic legislative proposal, the EU Space Act, aimed at creating a single, harmonised market for space activities across the Union. The ambitious plan seeks to bolster the competitiveness of Europe’s burgeoning space sector, enhance the safety of operations in an increasingly crowded orbital environment, and ensure the long-term sustainability of space exploration. The proposal comes at a critical juncture, as the global space...
30
Jun
U.S. trade policy remains in a state of flux as President Trump continues on the tariff trail, keeping businesses and global partners guessing. On Friday, Trump broke off trade talks with Canada over its digital tax. He indicated new tariffs on Canadian goods will be announced in the next seven days. And earlier in the week, a White House Spokesperson said the President will be flexible when it comes to the July 9 deadline for the pause to end many...
27
Jun
I would like to start this newsletter with a timely article on the need for change in relation to taxation. The article is titled “The big tax reckoning is coming for Canada” and, although it is focused on Canada, the same issues prevail in many jurisdictions around the world.
The author (Kirk LaPointe) states: “As costs soar and demographics shift, governments can no longer dodge the truth: we either raise more revenue or cut deep. We live in a country...
26
Jun
EU-based importers were able to adapt swiftly to past supply-chain shocks, according to study.
Intra-EU trade serves as a source of resilience, cushioning firms from global disruptions.
European importers diversified suppliers following worldwide trade disruptions, says report by EIB and European Commission.
European businesses also embraced technologies to strengthen logistics.
Firms in the European Union have responded to global trade shocks with remarkable agility, according to a new report. EU-based traders took actions to counter supply-chain disruptions caused by...
26
Jun
The EU’s foreign direct investment (FDI) screening rules aim to enable the Union to identify, assess, and mitigate potential risks to security or public order while maintaining its position as one of the most open investment areas in the world. A legislative process is currently underway to replace the existing framework, set out in Regulation (EU) 2019/452.
In January 2025, the European Commission submitted a proposal for a new FDI screening regulation to the Council and the European Parliament. On...
26
Jun
Artificial intelligence (AI) companion apps have been in the news, with Commissioner Melissa Holyoak of the Federal Trade Commission calling for a study on AI companions earlier this month, and lawmakers at the state and federal level voicing concerns about the technologies. In response, New York has enacted the first law requiring safeguards for AI companions. Scheduled to come into effect on November 5, 2025, the law requires operators of AI companions to implement safety measures to detect and address users’ expression of...
26
Jun
Key insights:
The House passed the tax bill on May 22, 2025. The Senate Finance Committee released its proposal on June 16, 2025. If the Senate successfully passes its version in June, the bill could see a final vote in the House in July.
The proposed tax bill includes significant changes, from extending current tax rates to enhancing business deductions, and more.
Now is the time to evaluate your tax planning opportunities.
As the One Big Beautiful Bill Act (OBBBA) advances through...
25
Jun
Antitrust in labour markets remains a hot topic in the EU. There have been recent landmark decisions by the European Commission (“Commission”) and the French Competition Authority which, alongside Advocate General Emiliou’s opinion in the pending Tondela “Football” case, are instructive for companies navigating the pitfalls of no-poach agreements under antitrust law. These have prompted us to update our previous article.
EU Commission on no-poach agreements in an M&A context
In 2018, Delivery Hero acquired a minority stake in Glovo, achieving full...