On 28 November 2022, the EU institutions formally adopted a Regulation on foreign subsidies distorting the internal market. The new rules will have a major impact on M&A transactions and will significantly increase the administrative burden facing many EU and non-EU companies doing business in Europe. The Regulation is part of a broader effort to protect the EU’s geopolitical “open strategic autonomy”. It aims to level the playing field by allowing the European Commission to intervene where foreign subsidies granted directly or indirectly by third countries threaten to distort the EU internal market.
The speed and volume of change in the crypto asset markets has accelerated across the globe, with established financial institutions increasingly entering the sector whilst regulators look to keep pace. Recent high-profile developments and market volatility have led to growing calls for scrutiny and regulatory controls. Navigating this fast paced environment, within a sometimes disjointed regulatory framework, can be challenging. The Crypto Boot Camp 2022 Series covers the crypto ecosystem and integrating crypto into established financial systems (recordings available), crypto risk (3 November 2022), NFTs (15 November 2022), DeFi (1 December 2022), and Growth in Crypto (6 December 2022).
Will the lure of the past jeopardize the future of Industrials? Industrials are braced for yet another revolution.…
Investors in Africa face an increasingly complex business environment, with numerous geopolitical and economic risks to consider, as well as having to comply with varying legal requirements across the continent. There is no denying that doing business in Africa in the current economic and political climate is difficult, and this…
Baker McKenzie is pleased to invite you to interactive seminars in Abu Dhabi and Dubai in October 2018 to discuss the implications of recent US and EU sanctions on international trade.
Australia’s export control rules for tangibles have been amended to more closely align with the regime for intangible supplies.
On 8 March, President Trump signed two proclamations – one on steel imports and one on aluminum imports. As expected, the president is imposing, as from 23 March 2018, an additional 25% duty on steel, and an additional 10% duty on aluminum, imported from all countries except Canada and Mexico.
After a period of noticeable inactivity, revised drafts of the trademark, design, patent, and copyright bills were submitted to parliament and consequently published for public review in late July and mid-August.
As companies consider their strategies for life in a post-Brexit world, our study reveals the projected impact of hard Brexit in four sectors that are key to UK manufacturing and our clients: the automotive, consumer, healthcare and technology industries.
Baker McKenzie is pleased to invite you and your colleagues to its annual Anti-Corruption, Export Controls, and Trade Sanctions Update scheduled for Thursday, October 5 in Washington, DC.