Baker McKenzie’s Sanctions Blog published the alert titled G7 Sets Price Cap for Russian Oil at USD 60 Per Barrel on 9 December 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie was invited to serve as the global editor of the Chambers Advertising & Marketing 2022 Practice Guide which features 8 high-profile jurisdictions and provides the latest legal information on the impact of the COVID-19 pandemic, advertising claims and clinical studies, comparative advertising, social/digital media, influencer campaigns, consumer promotions, sports betting/gambling, and cryptocurrency and non-fungible tokens.
Amidst the increased focus globally on respecting and protecting human rights, in a recent seminar organized in Thailand, the special advisor to the Prime Minister of Japan responsible for international human rights matters announced the adoption of the Guidelines on Respect for Human Rights in Responsible Supply Chains by the Government of Japan.
Baker McKenzie’s Sanctions Blog published the alert titled Japan introduces further sanctions against Russia and Belarus on 14 October 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
On 13 June 2022, the Amendment of the Telecommunications Business Act was enacted. The Amendment includes new regulations for the use of personally identifiable information and other information related to individuals, including cookies. Telecommunication service providers subject to the Amendment will be required to take measures based on the relevant ministerial orders to be enacted by the Ministry of Internal Affairs and Communications in the near future.
In June 2022, the Personal Information Protection Commission, which is the regulatory authority for the protection of personal information in Japan, published its 2021 annual report. While the report does not supplement the law in any way, it does provide businesses with useful insights on the PPC’s thinking and position with respect to various types of processing of personal information under Japanese law.
In an attempt to protect its oil and gas industry, Texas has passed legislation that seeks to punish investment firms that divest from fossil fuel related investments. On 16 March 2022, the Texas Comptroller of Public Accounts, Glenn Hegar, sent a letter to 19 major financial companies which was not limited to US or Texas-based companies and included Japanese companies requesting verification that they do not engage in investment policies that result in the boycott of fossil fuel-based energy. This request was made pursuant to Texas Government Code Chapter 809: recent legislation prohibiting the Texas Government from investing in financial companies that take any action intended to penalize, inflict economic harm, or limit commercial relations with a company based on the company’s involvement in fossil fuel-based energy.
Several means exist to reduce greenhouse gas emissions in order to achieve carbon neutrality by 2050, including development of new technologies, transitioning to renewable energy and voluntary energy conservation. In addition to these efforts, there is growing interest in offsetting residual emissions that are inevitably emitted despite reduction efforts through the use of carbon credits.
Baker McKenzie’s Sanctions Blog published the alert titled Japan introduces further sanctions against Russia on 7 July 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Japan introduces further sanctions against Russia and Belarus on 20 June 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.