Post-Election Analysis: The Future of US Policy and Implications for Businesses and the Economy
The US federal election could have sweeping regulatory and legislative impacts across virtually every major sector of the economy. To help understand how government policy might change over the next four years and what that means for domestic and global businesses, we invite you to join the first of our post-election programs.
The Korean Ministry of Health and Welfare recently released an updated guideline for travelers visiting South Korea, expanding the category of visitors who may be exempt from mandatory quarantine requirements.
Stricter Japan Quarantine to End for Travelers from California and Two US States, Amidst Numerous Changes Every Week
Effective June 14, travelers from California, Oakland, Nebraska and a few countries are no longer subject to the previously discussed stricter quarantine measures.
As the UK continues to adapt to life post-Brexit, the next important date from an immigration standpoint is 30 June 2021.
“Just-In-Time” is a series of written interviews with experts from different backgrounds, all of whom have extensive experience with supply chains, including knowledge of current trends and future developments. Issue 3 features Juergen Mahn, former MD at Chief Sourcing Office Asia for s.Oliver
On May 5, 2021, the European Commission published its proposal for a regulation on foreign subsidies distorting the internal market.
The revised rules of the Foreign Trade and Payments Ordinance (Außenwirtschaftsverordnung or AWV) further extend the competences of the Federal Ministry for Economic Affairs and Energy, which is the governmental body responsible for FDI control.
New COVID-19 social distancing rules commenced on 29 April 2021. For catering businesses (excluding bars and pubs which have their own rules), there are now four modes of operation under which they can operate dine-in services.
As we pass 100 days since the end of the Brexit transition period, it is time to reflect on what we have learnt so far in relation to how the end of Free Movement rights has affected British citizens and UK companies operating within the European Economic Area (EEA) and EEA citizens and EEA companies operating in the UK.
Pensions Regulator issues draft policy on its approach to the new criminal offences under the Pension Schemes Act 2021
The Pension Schemes Act 2021 (the “Act”) introduces new criminal offences relating to UK defined benefit pension schemes which can be committed by any person whose intentional or reckless conduct puts members’ savings at risk.
Approaching Student Loan Relief Piecemeal: The Biden Administration Extends CARES Relief to Defaulted FFELP Student Loan Borrowers; Weighs Options for Further Measures
In a March 30, 2021 announcement, the Biden administration announced that it would be extending relief to approximately 1.14 million student loan borrowers who previously were not covered under the CARES Act relief enacted last year.
Many countries have started to roll out vaccines against COVID-19. While a vaccination program is viewed by many as the long-awaited route out of the pandemic, this presents challenges for employers—including whether they can require employees to be vaccinated. In this publication, we provide at-a-glance guidance to the key issues for employers to consider in Brazil, France, Germany, Hong Kong, the UK and the United States, followed by more detailed Q&As for each of these jurisdictions.
Qualified Opportunity Fund Update: Likely Biden Administration Changes & New Rules for Non-US Investors & Working Capital Safe-Harbor
On April 14, 2021, the Internal Revenue Service released proposed rules for allowing non-US persons with US-taxable capital gains to invest in qualified opportunity funds (QOFs) without first suffering US withholding on such gains. Mark Leeds and Stephanie Wood, tax lawyers with the New York office of Mayer Brown, analyze these developments in the attached Legal Update.
President Biden committed the United States to a 50-52 percent reduction in greenhouse gas (GHG) “pollution” from 2005 levels by 2030.
As businesses emerge from COVID with a significant amount of corporate debt, the landscape in the financial markets have also evolved: The focus on ESG issues has intensified. It is timely to take stock of where we are and consider how ESG issues could affect refinancings and restructurings of debt going forward. This article highlights seven key potential development areas through considering recent legal developments, market practices and trends.
Advertising “Sustainability” and “Green Claims” in Products and Services in the EU: Fancy Commercial Practice Can Be a Real Legal Challenge
The EU Green Deal announces the circular economy goal, which can only be achieved with the full mobilization of society and industry through the implementation of an integral EU policy for sustainability.
On April 21, 2021, the European Commission adopted a comprehensive package of measures to help improve the flow of money toward sustainable activities across the European Union.
As the world marks Earth Day 2021, and global leaders, and society at large, call for urgent action to combat “the coming disasters of climate change and environmental destruction”, it is an apposite time to consider the role of company directors in promoting positive environmental practices.
ESAs’ Opinion to the European Commission on the Jurisdictional Scope of Application of the EU Securitisation Regulation
The European Supervisory Authorities (the “ESAs”) have published an opinion on 25 March 2021 entitled “ESAs’ Opinion to the European Commission on the Jurisdictional Scope of Application of the Securitisation Regulation”.
On April 5, the US Financial Crimes Enforcement Network (“FinCEN”) published an Advance Notice of Proposed Rulemaking (“ANPR”) to implement the Corporate Transparency Act (“CTA”), which was enacted into law as part of the National Defense Authorization Act (“NDAA”) on January 1, 2021.
“Just-In-Time” is a series of written interviews with experts from different backgrounds, all of whom have extensive experience with supply chains, including knowledge of current trends and future developments. Issue 2 features Peter Szczensny, Head of Commercial Development & Health Politics, Grünenthal GmbH
Effective March 12, 2021, until December 31, 2022, employees in New York State are eligible for a paid leave of absence for a sufficient period of time, not to exceed four hours per injection, to be vaccinated for COVID-19.