Recently, the US, the EU, and the UK announced that they will exclude some Russian banks from the SWIFT global payment system, a move that is expected to have a significant impact on these banks’ ability to remain connected with the international financial system and operate globally. The EU also announced plans to restrict the activities of certain Russian media outlets.
The US government, in coordination with the EU, the UK, and other allies, has introduced significant new sanctions and export controls in light of ongoing events across Russia and Ukraine, including new regional embargoes, full blocking sanctions, and other restrictions targeting several major Russian financial institutions, sovereign debt restrictions, the designation of Russian elites and their family members, and sanctions related to the Nord Stream 2 pipeline, among other targets.
The development of blockchain technology is moving quickly, but there are still questions about government oversight and competition. Blockchain technology implicates privacy, antitrust, and securities law issues.
This article provides an overview of the European Commission’s draft Digital Operations Resilience Act (DORA), published in September 2020. DORA was developed to support the twin goals of developing digital finance while mitigated associated risks. The need for DORA came about as result of the unique risks regulators the world over are managing due to the financial industry’s increased digitization and reliance on technology.
This article explores the complex nature of the Brexit withdrawal process and the importance for all intellectual property (IP) owners to monitor any and all updates and to take immediate action to ensure the protection of their IP rights.
A selection of resources regarding the new standard contractual clauses adopted by the European Commission on June 4, 2021, regarding the transfer of personal data under the European Union's General Data Protection Regulation (GDPR).
In this Top Ten, in-house counsel will ten important points to consider when employers want to recruit people from states that are not part of the European Union (EU) or of the European Free Trade Association (EFTA) to work in Switzerland.
Intellectual Property (IP) rights post-Brexit are yet to be determined. In this article, learn more about how the United Kingdom (UK) and the European Union (EU) are handling these discussions.
A focus on efficiency and effectiveness—these were the strategic priorities for the majority of legal teams.
This was a consistent message from corporate law departments around the world. In Europe respondents placed particular emphasis on the drive for efficiency. In this report, in-house counsel will learn about the priorities and implementation strategies of European corporate departments.
The Digital Service Act (DSA) is part of a proposed European Union (EU) package which aims to overhaul the digital services market. The DSA package covers both digital services and competition law. In this article, the focus will be on the former, with a brief summary of where things stand on the digital services aspect of the DSA, and a commentary on increasing platforms’ monitoring and take down responsibilities.