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Global: LIBOR Transition – Upcoming Deadlines

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As is well known, LIBOR will cease to be published on 31 December 2021 (for all currencies and tenors other than the most commonly...

Dubai: MENA Dispute Resolution Soundbites – DIFC Courts’ ever-increasing jurisdictional scope

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The COVID-19 pandemic has not gone away and the prolonged business issues will continue to affect various market players in the short and long-term....

Switzerland: Swiss Sanctions Update: Sanctions Against Myanmar/Burma

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On March 31, 2021, the Swiss government amended the list of individuals in Annex 1 to the Ordinance on Measures against Myanmar/Burma. Eleven individuals responsible...

United Kingdom: UK announces further Myanmar restrictions

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On 25 March 2021, the UK Government announced further measures targeting the Myanmar regime, adding Myanmar Economic Holdings Public Company Ltd (MEHL) to the Global Human Rights...

United States: Biden Administration Takes Additional Steps towards Identifying Vulnerabilities in Semiconductor Supply Chains

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The Biden Administration has taken some initial steps towards identifying vulnerabilities in the semiconductor manufacturing and advanced packaging supply chain, which was one of...

IUS – CBP imposes import restrictions on categories of archaeological material of Costa Rica

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On April 1, 2021, US Customs and Border Protection (CBP) published in the Federal Register a final rule  that amends the CBP regulations to reflect the imposition...

United States: CIT declares Proclamation 9980 invalid as contrary to law and orders liquidation...

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On April 5, 2021, a majority of a three-judge panel of the US Court of International Trade (CIT) held that President Trump issued Proclamation 9980, Adjusting...

Vietnam: Key highlights of new duty treatment regime applied to exported/imported goods

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The government recently issued Decree No. 18/2021/ND-CP (“Decree No. 18”), amending a number of provisions under Decree No. 134/2016/ND-CP and elaborating on the Law on Export and Import Duties. The new decree comes into force on 25 April 2021.

Brazil: SENACON and ANPD sign technical cooperation agreement to protect consumer data

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In brief On 22 March 2021, the National Consumer Secretariat (SENACON) and the National Authority of Data Protection (ANPD) executed a technical cooperation agreement to...

United States: Commerce extends military-intelligence end-use and end user controls to Burma

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On February 10, 2021, President Biden issued Executive Order 14014 “Blocking Property with Respect to the Situation in Burma” (“EO 14014”), which provides for the imposition...
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