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Continue Reading Africa Compliance Minute Series – What Does DOJ’s Recent Guidance on Compliance Programs Mean for Companies Operating in Africa?

The Trump Administration has released the much-anticipated executive order entitled “Lowering Drug Prices by Putting America First” (commonly referred to as the “Most-Favored-Nation” or “MFN” executive order). President Trump initially had announced the MFN executive order during his July 24, 2020 press conference highlighting four separate executive orders…
Continue Reading Trump Administration Releases, Revokes, and Reissues “Most-Favored-Nation” Executive Order

Foreign Direct Investment Regulation

The EU Regulation on Foreign Direct Investment (2019/452) (the “EU FDI Regulation”) will enter into force fully on October 11, 2020. Most notably, on this date, a cooperation and information sharing mechanism among Member States and the European Commission in respect of foreign direct…
Continue Reading UK Is Left out of EU Cooperation on Foreign Direct Investment, And Will Soon Be “Foreign”

Next week, Members of the European Parliament (“MEPs”) will gather in Brussels for plenary sessions.  Several interesting debates are scheduled to take place.

On Monday, MEPs will debate on a draft Report on the System of Own Resources of the EU.  According to the co-rapporteurs, MEP José Manuel Fernandes…
Continue Reading The Week Ahead in the European Parliament – Friday, September 11, 2020

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Continue Reading Africa Compliance Minute Series – Acting Early to Save You Later: The Importance of Taking Corrective Action During the Course of an Investigation

As of January 2021, many imports and exports of agricultural products covered by EU tariff quotas will be subject to the new licensing rules of Commission Delegated Regulation (EU) 2020/760 (“Delegated Regulation”) and Commission Implementing Regulation (EU) 2020/761 (“Implementing Regulation”) (together, “Licensing Regulations” or “Regulations”).  The new Regulations introduce significant…
Continue Reading New Licensing Regulations to Import Agricultural Products into the EU:  What Traders Should Know to Avoid Missing Quota Allocations in 2021

Members of the European Parliament (“MEPs”) returned from their summer recess this week.  Next week, they will have committee meetings.  Several interesting debates are scheduled to take place.

On Tuesday, the Committee on Budgets (“BUDG”) will debate on the status quo of the negotiations with the Council of the…
Continue Reading The Week Ahead in the European Parliament – Friday, August 28, 2020

As we noted in a client alert late last week, the federal banking agencies released on August 13, 2020, a joint statement on enforcement of Bank Secrecy Act/Anti-Money Laundering (“BSA/AML”) requirements.  At the time, the Federal Deposit Insurance Corporation made reference to a possible separate “Statement on Enforcement of the

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Continue Reading Three Takeaways from FinCEN’s Statement on Enforcement of BSA/AML Requirements

On August 15, 2020, the Minister of Cooperative Governance and Traditional Affairs (COGTA) announced the extension of the national state of disaster. The national state of disaster was declared under Government Gazette No 43096 of 15 March 2020 (and extended by Government Gazette Nos 646 of June 5, 2020 and

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Continue Reading South Africa Eases COVID-19 Restrictions with the Transition to Alert Level 2

The Government Accountability Office (“GAO”) released a decision on Friday finding that the Department of Homeland Security (“DHS”) followed the wrong order of succession after Secretary Kirstjen Nielsen resigned in April 2019.  As a result, the Acting Secretaries who have served since then were invalidly selected.  In particular, GAO has

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Continue Reading [Updated] If the Acting DHS Secretary Was Unlawfully Selected, What Does that Mean for DHS Procurements?