US companies will soon face new reporting requirements under the Corporate Transparency Act (CTA). This article looks at the new law which will require entities identified as reporting companies to provide information about their beneficial owners. If reporting companies fail to disclose the necessary information, then they could face both severe civil and criminal penalties.
Released on Aug 26, 2021
To date, the central banks of approximately 65 countries are in some stage of initiating or developing a programme of digitising their central bank currencies. This digitisation has the potential to minimise costs in cross-border transactions, increase financial inclusion and improve the efficiency of monetary policy implementation. This article details the programmes among the world’s major economies.
Released on Jul 21, 2021
Trade wars: EU blocking statutes on US sanctions against Iran, the Advocate General of the European Court of Justice calls for a review of the functioning of the regulation
This article discusses the Advocate General of the Court of Justice of the European Union’s opinion regarding the application of EU blocking statutes, aimed at protecting EU operators from effects of certain laws adopted by third countries.
Released on Jun 24, 2021
This article looks at the recently announced updated restrictions on the ability of persons from the United States to invest in publicly traded securities of certain companies related to China’s defence and surveillance sectors.
Released on Jun 24, 2021
This article examines the growth of the cryptocurrency industry and the US government and private sector’s efforts to respond to the corresponding compliance challenges, including with respect to the criminal actors who have utilised digital assets to launder funds, promote their criminal enterprises, and evade economic and trade sanctions.
The long-awaited free trade agreement between Colombia and Israel is finally in force, and holds great opportunities for both parties.
Covid-19 and the FIDIC Form of Contracts – the impact of the lockdown order on building sites.
This article attempts to brief readers on how the Malaysian judiciary responded during the national movement control order (MCO) and conditional movement control order (CMCO) without compromising the public's access to justice.
A note from George Ribeiro and Christopher Blake, Co-Chairs of the International Commerce and Distribution Committee.
The challenges of digitisation and the interaction between corporate counsel and private practitioners
Report on a session of the International Commerce and Distribution Committee at the IBA Digital Operations Conference in Hamburg. Thursday, 14 November 2019
Report on a session of the International Commerce and Distribution Committee at the IBA Digital Operations Conference in Hamburg, Thursday 14 November 2019.
Changes in the logistic environment – consequences for the international supply chain, trade and customs
A report on a session of the International Commerce and Distribution Committee at the IBA Digital Operations Conference in Hamburg on Thursday 14 November 2019
A report on a session of the International Commerce and Distribution Committee at the IBA Digital Operations Conference in Hamburg on Thursday 14 November 2019.