Baker & McKenzie’s global trade team invite you to join them for a free webinar which will provide insights into how to manage risks associated with dealing with sanctioned parties. This session will cover: the legal standards applicable to screening; methods for screening and best practice contractual protections record keeping and papertrails We hope that you will be able to join us. Monday 22 February 2016 07:00 San Francisco / 09:00 Chicago…
Focus on Iran European Union, Switzerland, and the United States Relax Sanctions Targeting Iran on “Implementation Day”; Canadian Sanctions Under Review Under the Joint Comprehensive Plan of Action (“JCPOA”), January 16, 2016 was “Implementation Day.” On that date, the European Union, the Swiss Government, and the US Government relaxed certain sanctions against Iran after the International Atomic Energy Agency (“IAEA”) confirmed that Iran had fulfilled its nuclear-related commitments under the JCPOA. Canada’s sanctions targeting…
IP implications of EU customs law development We wanted to bring to your attention an important EU customs law development. That may sound like it doesn’t have much to do with IP, but it does! From 1 May 2016, EU customs legislation will begin to undergo a complete overhaul. One of the key changes relates to royalties and IP licence fees for goods imported into the EU. These changes will result in a significant…
Baker & McKenzie Event Invitation “Implementation Day” of the nuclear agreement with Iran (the Joint Comprehensive Plan of Action or “JCPOA”) and the re-opening of the Iranian market arrived on Saturday, 16 January. As such, there is a high interest on the effect on non-US businesses of US sanctions many of which will remain in force. In response to this, Baker & McKenzie is organizing the Iran Trade Roadshow, a series of 2-3 hour…
In a significant move to boost foreign direct investment in India’s single brand retail trading[1] (“Single Brand Retail”), the Government of India (“GOI”) in a Press Note released on November 10 announced its liberalized Foreign Direct Investment (“FDI”) policy that eases local sourcing requirements and approval process for FDI in Single Brand Retail, among other major reforms.Unveiling the FDI reforms for as many as 15 sectors and noting India’s improved ranking in World Bank’s…
In keeping with tradition, Baker & McKenzie is pleased to invite you to our annual Year-End Review of Import/Export Developments. This year’s two-day conference will be held Wednesday, November 18 through Thursday, November 19 at the Hyatt Regency in Santa Clara, California and via live webcast. Our international trade compliance lawyers from around the world will review the major global legislative, judicial and administrative activities and trends in export controls, trade sanctions, customs compliance, and import…
The Canadian Federal Court of Appeal’s (“FCA”) decision in Skechers USA Canada Inc. v. President of the Canada Border Services Agency (“Skechers”) now arguably broadens the scope of what research, design and development (“R&D”) costs must be included in the value for duty of imported goods determined under the transaction value method.[1] As a result, importers should review their R&D costs to determine whether they are dutiable in light of the FCA’s Skechers decision. Background Skechers USA…
One of the most significant developments of 2014 in FCPA compliance arrived in November with the issuance by the Department of Justice of Opinion Procedure Release 14-02 (the “Opinion”). The Opinion stands for the proposition that the DOJ will not penalize a company subject to the FCPA for acquiring a foreign target with corruption issues, provided (a) the acquiring company did reasonable due diligence under the circumstances, (b) the company has an integration plan…
It is almost a year since the enactment of Minister of Trade of the Republic of Indonesia Regulation No. 67/M-DAG/PER/11/2013 on Labeling Requirement in Bahasa Indonesia on Goods as amended by Minister of Trade Regulation No. 10/M-DAG/PER/1/2014 (“Regulation 67”).At this point, we should remind our readers of the following upcoming changes in the regulation landscape under this regulation. Deadline: 25 December 2014Regulation 67 became effective on 25 June 2014 for goods which have not been distributed…