Decreased Enforcement Expected From SEC Regarding Conflict Minerals Regulations – For Now

Any company manufacturing or contracting to manufacture products using such conflict minerals had previously been required to conduct extensive due diligence on its supply chain. Following a series of partial losses in court, the SEC appears to be backing off the rule—for now.

Progress on product safety – UK Government publishes recommendations of its Working Group

The tragic Grenfell Tower firebrings into sharp focus the importance of having an effective product safety system in place. Prior to this event, the UK Government was already reviewing the UK's product safety and recall system.

New Transparency Register Will Affect Many German Companies

On 26 June 2017 the new German anti-money laundering act has entered into force. Besides inter alia meeting increased risk demands and the intensified financial penalties, the 4th EU AML Directive prescribes a transparency register in the foreseeable future.

Loose Lips Sink Staff

61% of executives polled in a recent Baker McKenzie and Euromoney survey stated that trade secrets and intellectual property are a board-level issue, reflecting the rising value of trade secrets in our digital age.

July 2017 International Trade Compliance Update

In our update, we provide a summary of all trade compliance related developments around the globe over the past month.

New Mexican Anti-Corruption Law Enters into Force July 19, 2017

A model program for corporation integrity was introduced and the national anti-corruption system for Mexico was renewed.

German Data Retention Obligations Suspended

On 28 June 2017, the German telecommunications regulator decided to suspend enforcement of the provisions of the German Telecommunications Act which required providers of publicly available telephone services for end users and providers of publicly available internet access services for end users to retain certain metadata from 1 July 2017 onwards.

Romania: Government Emergency Ordinance on actions for damages for competition infringements

A government Ordinance implements Directive 2014/104/EU on certain rules governing actions for damages for infringements of the competition law provisions and some important amendments to the Romanian Competition Law.

Popular Articles

Send this to a friend