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In International

International: How AI is impacting the Consumer Goods and Retail industry

by , , and 3 Mins Read

Artificial Intelligence (AI) is driving new business opportunities across a growing number of industry sectors, including consumer goods and retail. Enticed by its transformative potential, companies are actively exploring, experimenting, and deploying AI solutions in business processes, products, and services and are finding ways to derive business value from it. The emergence of generative AI capable of human-like text that can analyze vast amounts of data and create new content has caught the public’s attention and turbocharged interest in potential use cases in the CG&R industry.

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In Trade and Foreign Investment

Canada: Trade Outlook – Fall 2023 Trade & Customs compliance outlook (Video Chat)

by , and 2 Mins Read

2023 has proven to be another dynamic year under the Government of Canada’s trade agenda, which showed no signs of slowing over the summer. From May to August 2023, the Government passed into law novel supply chain transparency legislation and introduced amendments and legislative proposals that are impacting, or will impact, compliance with Canadian customs, export controls, and economic sanctions legislation.
Watch the companion videos highlighting our compliance tips in relation to developments in Canadian customs, sanctions, export controls, and forced labor laws.

In ESG

France: ARCOM recommendations on the environmental footprint of television, on-demand audiovisual media and video-sharing platform services

by 2 Mins Read

Pursuant to the law of 15 November 2021 aiming at reducing the environmental footprint of digital in France, the French Audiovisual and Digital Communications Regulatory Authority (ARCOM) published on 13 September 2023 its recommendation on consumer information, from television services, on-demand audiovisual media services and video-sharing platform services, regarding energy consumption and carbon dioxide emission of data consumption related to the use of these services. This recommendation, which follows a public consultation of industry stakeholders launched in 2022, aims to encourage good consumption practices by informing users, facilitating the use of energy-efficient adjustment parameters and the establishment of a common methodology for calculating environmental impact.

In Global

Global Legal Guide for Luxury & Fashion Companies

by and 2 Mins Read

The luxury and fashion industry has grown rapidly in recent years, driven by the rising worldwide demand of the image-conscious, growing middle classes in emerging markets, and the incredible advancement and evolution in online retail sales and marketing. These developments have ushered in new challenges for the industry with companies facing more stringent regulations as they expand into new markets and a heightened demand from consumers for greater transparency around sustainability, supply chain, as well as complex tax and corporate issues. This is a Comprehensive global guide to all legal matters relating to the luxury and fashion industry.

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In Employment

South Africa: A woman’s place is in business

by 5 Mins Read

The Broad-Based Black Economic Empowerment Act and its regulations govern the effective participation of black people in the South African economy. They aim to redress the historic economic inequalities as a result of apartheid, which excluded a large portion of the South African population, being black people, from the primary economy. The impact of apartheid was particularly damaging to the ability of black women to meaningfully participate in the economy.

In ESG

Demystifying ESG Webinar: The EU Taxonomy – A Tool for Transition Finance?

by , and 1 Min Read

The European Commission has published practical advice in the form of recommendations explaining that the EU Taxonomy can be used not only to disclose taxonomy-aligned activities and capital expenditures, but to define transition targets and to identify the finance needed to meet them. In this way, the Commission considers that the EU Taxonomy can be used as “forward-looking tool using its criteria as reference points for setting targets.”
In this latest instalment of our Demystifying ESG series, besides considering the Commission’s recommendations generally, we’ll discuss how this “tool” will work in practice across a range of economic activities and how it can be used to compare current with planned environmental performance, as well as a communication tool to articulate transition finance needs.

In Environment

Thailand: Key environmental legislation in the making – A new drive towards a more sustainable future (Part II)

by , , , , and 6 Mins Read

The current legal framework for managing packaging and other household waste in Thailand has long been governed by various pieces of legislation, such as the Public Health Act, B.E. 2535 (1992) and the Act on the Maintenance of Cleanliness and Orderliness of the Country, B.E. 2535 (1992). To provide equality and equity for all stakeholders with the ultimate goal of mitigating the environmental impact caused by packaging waste, and at the same time promoting a strong circular economy, the Draft Sustainable Packaging Management Act has been developed to establish systematic and sustainable management of packaging waste.

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In AML & Financial Services Regulatory

International: Private Fund Spotlight

by , , and 1 Min Read

In this update, we take high-level review of major issues faced by private fund managers investing across the globe. In August and September, private fund managers with U.S. investors faced the broadest expansion of SEC regulation since Dodd-Frank, while European managers worked through the details of ESG reporting. Enforcement continued to be laser-focused on digital assets (but courts didn’t always agree with them), Finfluencers, custody and marketing, while new employment and privacy requirements raised unique issues for asset managers.

In Employment

South Africa: Do we really have stringent labour laws?

by 7 Mins Read

South Africa’s employment laws are viewed as more rigid than those in various other developing markets, but they are also not as stringent as those in many other markets. In addition, the country’s labour dispute resolution landscape is considered to be more effective than those in many other developing markets. Elements of stricter labour laws are needed when considering the country’s history of inequality, warranting a heightened need for measures to protect employees’ rights.

In

Argentina: New program promotes transparency and protection of personal data in the use of AI

by , and 2 Mins Read

Through Resolution No. 161/2023, published in the official gazette on 4 September 2023, the Agency for Access to Public Information (AAIP) created the Program for Transparency and Protection of Personal Data in the Use of Artificial Intelligence and entrusted its execution, monitoring and evaluation to the National Directorates of Evaluation of Transparency Policies and Protection of Personal Data.

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