Our popular Annual Compliance Conference, which attracts over 6,000 in-house senior legal and compliance professionals from across the world, will be held across five weeks from 5 September – 5 October 2023.We will be virtually delivering our cutting-edge insights and guidance on key global compliance, investigations and ethics issues. We invite you to join us to gain practical insights and analysis on significant developments across:• anti-bribery, corruption and economic crime• customs and FTAs• ESG, supply…
Following the successful launch of our inaugural virtual Annual Compliance Conference in 2020, attracting close to 2,500 in-house senior legal and compliance professionals from across the world, we will return this year in a virtual format to deliver our cutting-edge insights and guidance on key global compliance issues, as businesses and enforcement agencies transition to a new post-pandemic global compliance and investigations landscape. Held across five weeks from 6 September – 8 October 2021, we…
The White House has issued an Executive Order on Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China, expanding on the existing ban on investing in certain Chinese companies. This Executive Order addresses the use of Chinese surveillance technology in facilitating human rights abuses and repression around the world. The US will have the power to prohibit US persons investing in Chinese companies that may be seen to…
New Zealand’s Government has greatly simplified New Zealand’s foreign investment regime with the passing of the Overseas Investment Amendment Act (No 3) (the No.3 Act). The No.3 Act received Royal Assent on 24 May 2021. Many of its provisions come into force on 5 July 2021, though some may take up to a year to come into force. The changes are largely positive for investors, with more streamlined processes for the main types of consent…
The Indonesian government has enacted Presidential Regulation No. 10 of 2021 on Investment Business Lines (“Priority List”) as one of the implementing regulations of the job creation law (“Omnibus Law”). The new investment list replaces the current negative list (under Presidential Regulation No. 76 of 2007 and Presidential Regulation No. 44 of 2016). This priority list states that all business sectors are open for capital investment activities, with some restrictions and conditions for certain aspects.…
On 26 February 2021, the UK parliamentary International Relations and Defence Committee (a House of Lords Select Committee) launched an inquiry into the UK’s security and trade relationship with China. The inquiry will consider the UK Government’s relationship with China, including the latter’s significance as a trade partner and source of investment for the UK. It will also examine the UK’s security interests vis-à-vis China as well as evaluating how UK policy towards China has…
On 20 January 2021 the UK Secretary of State for International Trade, Liz Truss, announced that the UK intended to formally submit its application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“CPTPP”). The CPTPP is a multilateral free trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. Discussions have been ongoing between the CPTPP members and the UK on the UK’s potential accession since 17…
Currently, there is no general foreign investment screening procedure in Ukraine. Ukraine maintained a similar regime called “foreign investment registration,” which was introduced in 1996 under the Foreign Investment Law (available here in Ukrainian), but it was terminated in May 2016. As we previously reported, in May 2020, the Ministry for Development of Economy, Trade and Agriculture of Ukraine (“Ministry of Economy”) commenced a public consultation regarding the draft law “On the procedure for making…
In brief On 19 December 2020, the National Development and Reform Commission (NDRC) and the Ministry of Commerce (MOFCOM) jointly issued the Measures for Security Review of Foreign Investment (“New Measures”) (the official Chinese text is available here; and an unofficial translation is available here). The New Measures, effective from 18 January 2021, represent China’s continued efforts to provide a clearer legal regime for national security review comparable to similar procedures in other developed economies,…
In brief Trade between Vietnam and the United Kingdom (U.K.) will continue to be able to enjoy preferential treatment post-Brexit via the U.K.-Vietnam Free Trade Agreement (UKVFTA), which is intended to replicate the benefits of the European Union Vietnam Free Trade Agreement (EVFTA). In more detail Vietnam and the U.K. signed the UKVFTA on 29 December 2020, effectively preserving the U.K. – Vietnam preferential trading terms available under the EVFTA, which entered into force 1…