France has regulated Initial Coin Offerings (ICOs) and intermediaries providing crypto-asset services by virtue of its PACTE law n° 2019-486 of 22 May 2019. Its aim was twofold: France wanted to attract meritorious projects to its territory while also bringing this ecosystem within the ambit of regulation. Thus, while France…
The energy transition from fossil-based fuels to lower carbon alternatives is underway. While it is a threat for…
A decree dated 6 January 2020 has updated the list of non-cooperative states and territories (NCST), within the…
The UK’s financial regulator, the Financial Conduct Authority, has issued a “Call for Input” in respect of its vision to extend Open Banking to financial services more generally (under the label of Open Finance). Unlike Open Banking, which is concerned with bank accounts and payment services only, the impact of…
Executive Summary On 14 January 2020, the Minister for Manpower, Mrs. Josephine Teo announced several updates to the…
The Green New Deal is the flagship of the new European Commission (2020-2025), which has recently shed light…
Decree N° 4.080 (“Decree”) was published in Official Gazette N° 6.497. The Decree exempts, until June 30, 2020, the payment of Added Value Tax, Import Tax and the Rate for the Determination of the Customs Regime for definitive imports of new or used movable tangible property, when applicable, carried out…
Read publication What is promised? 1. Further development of short-time work: In future, short-time work shall not only…
On January 13, 2020, the US Department of Treasury (“Treasury”) issued two anticipated final rules (the “Final Rules”)…
Read publication Welcome to the January 2020 edition of Baker McKenzie’s International Trade Compliance Update. This issue’s highlights: WTO: E-commerce moratorium extended, Appellate Body deadlock, dispute settlement issues, recent disputes, DSB activities, TBT notifications WCO: News CITES: Notifications GAIN reports: Food and Agricultural Import Regulations and Standards (FAIRS), Exporter Guides…