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Proskauer Rose LLP

EU's AI Act: Ten Facts for Organisations in the UK and US

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The EU’s AI Act (the “Act”) is the world’s first comprehensive AI law. The Act manages risks posed by certain AI systems and prohibits certain AI-related practices. UK and US organisations should not assume that the Act does...more

Skadden, Arps, Slate, Meagher & Flom LLP

Timeline Set for UK Cybersecurity and Resilience Reforms

On 30 September 2024, the UK Department of Science, Innovation and Technology announced that the Cyber Security and Resilience Bill (Bill) will be introduced to Parliament in 2025. The Bill was first announced in the King’s...more

DLA Piper

The UK Cybersecurity and Resilience Bill – A Different Approach to NIS2 or a British Sister Act?

DLA Piper on

Introduction It wouldn't be much of an exaggeration to say that NIS2 is the acronym on everyone's lips. When coupled with its European sister legislation DORA, we encounter a regulatory twosome that make GDPR feel like...more

Vinson & Elkins LLP

UK Critical Minerals Strategy: Lessons from the US

Vinson & Elkins LLP on

Reliable supplies of critical raw materials are essential for the green transition and to ensure the competitiveness of key national industries. The Inflation Reduction Act (IRA) in the US and the European Union’s Critical...more

Dechert LLP

The Evolving Global Foreign Direct Investment and National Security Review Landscape - May 2024

Dechert LLP on

Key Takeaways - - As FDI regimes proliferate and mature around the globe, governments are taking an ever-more expansive view of the concept of “national security” to include more than military and defense interests, which...more

American Conference Institute (ACI)

[Event] 5th Annual European Forum on Global FDI Reviews - June 11th - 12th, Ixelles, Belgium

Hosted by C5 Group, the 5th Annual European Forum on Global FDI Reviews returns for another exciting year with curated programming that provide sessions on the most pressing issues coming across your desk and strategic...more

Mayer Brown

US, EU and UK Adopt New Russia Sanctions and Export Controls as Ukraine War Hits Two-Year Mark

Mayer Brown on

Following the invasion of Ukraine by Russia on February 24, 2022, the United States ("US"), the European Union ("EU"), and the United Kingdom ("UK") adopted—together with their allies—successive waves of sanctions, in an...more

A&O Shearman

Investigations update: Hong Kong authorities ramp up enforcement in virtual assets and other sectors

A&O Shearman on

Hong Kong has seen cryptocurrencies grow in popularity, highlighting the need for appropriate licensing regimes (implemented in the form of virtual asset service providers (VASPs)), bolstered by active enforcement actions. ...more

Hogan Lovells

Security by design: incoming UK and EU legislation to tackle cybersecurity risks in IoT devices

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In December 2022, the UK Product Security and Telecommunications Infrastructure Act (“PSTI Act”) became law. Along with setting out requirements for the deployment and expansion of mobile, full fibre and gigabit capable...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU Adopts 10th Set of Sanctions Against Russia and Strengthens Enforcement and Anti-Circumvention Measures

The European Union (EU)’s tenth package of sanctions against Russia, adopted 25 February 2023, imposed an asset freeze against 121 individuals and entities and expanded the scope of sectoral sanctions....more

White & Case LLP

Foreign direct investment reviews 2023: A global perspective

White & Case LLP on

Now in its seventh year of annual publication, White & Case's Foreign Direct Investment Reviews provides a comprehensive look into rapidly evolving foreign direct investment (FDI) laws and regulations in approximately 40...more

Tarter Krinsky & Drogin LLP

State Department Tightens Regulations For Travelers From Europe

On March 2, 2021, the U.S. Department of State announced further tightening of its COVID-19 restrictions for foreign nationals present in the Schengen areas of Europe, the United Kingdom, and Ireland. Anthony Blinken, the...more

Littler

State Department Further Limits Incoming Business Travel from Europe, United Kingdom, Ireland, China, Iran, Brazil, and South...

Littler on

The U.S. Department of State (DOS) recently altered existing guidance on travel to the United States and further restricted business travel from certain countries, including the Schengen Area of Europe, United Kingdom,...more

Fox Rothschild LLP

Travel Ban Alert: State Department Rescinds Previous Policy Impacting Nonimmigrant Workers And NIEs

Fox Rothschild LLP on

On March 2nd, the State Department rescinded the previous policy for national interest exceptions (NIE) thereby making it more difficult for nonimmigrant workers and business travelers to obtain national interest exceptions...more

Katten Muchin Rosenman LLP

New UK Rules for Reviewing Foreign Direct Investment

In November 2020, the UK Government introduced the National Security and Investment Bill (the "Bill"). Subject to the passing through UK Parliament, the Bill is expected to become law in early 2021, ushering in a Committee on...more

BCLP

Highly impactful - UK National Security & Investment Bill introduces mandatory Government review of a wide range of transactions

BCLP on

On 11 November, the UK Government introduced to Parliament the long-awaited National Security and Investment Bill. The Bill, which is expected to be enacted in Spring 2021, is a transformative event for investors in UK...more

Morgan Lewis

UK Withdraws Draft Legislation on EU FDI Information Sharing Regime

Morgan Lewis on

The UK government and the Competition and Markets Authority (CMA) have announced the withdrawal of draft guidance on the CMA’s powers and procedures with respect to enforcing an EU regulation for screening foreign direct...more

Dechert LLP

Increased regulatory scrutiny of foreign direct investments in the healthcare sector

Dechert LLP on

Key Takeaways - - Foreign Direct Investment (FDI) controls are proliferating around the globe. Since the pandemic, “health” has become a particular focus.  - Several countries have adapted their existing FDI rules, or...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Amends Enterprise Act 2002 To Protect Businesses Critical to Addressing Public Health Emergencies, Extends Powers To Protect...

In recent months, European states have raced to implement protections against opportunistic acquisitions of key local businesses by foreign buyers amid the economic disruption caused by the spread of COVID-19. ...more

Morgan Lewis

Potential UK Reforms Could Increase Screening of Certain Foreign Takeovers

Morgan Lewis on

The UK Parliament’s Foreign Affairs Committee has issued a “call for evidence” as part of its ongoing review of the UK government’s role in intervening in certain foreign takeovers of UK companies and potentially blocking...more

Skadden, Arps, Slate, Meagher & Flom LLP

Crisis Prompts European Countries To Step Up Protections Against Foreign M&A

The coronavirus pandemic has weakened European economies and companies. EU and national governments have expressed concern that foreign investors may opportunistically take advantage of the crisis to acquire domestic...more

Hogan Lovells

Brexit and Data Protection: Boom for data centre operators in Continental Europe?

Hogan Lovells on

Data centre operators in Europe could benefit from Brexit and have already been preparing for years for precisely this scenario, including by expanding such data centre capacities in Continental Europe....more

Hogan Lovells

Data centre operators in Europe could benefit from Brexit and have already been preparing for years for precisely this scenario,...

Hogan Lovells on

The United Kingdom (UK) finally left the EU on 31 January 2020. The withdrawal agreement provides for the UK to continue to be treated largely as an EU member state until the end of the transition period on 31 December 2020,...more

Robins Kaplan LLP

Financial Daily Dose 2.12.2020 | Top Story: Big Tech Antitrust Update

Robins Kaplan LLP on

Big-Tech/Antitrust Update: the FTC has demanded information from Amazon.com Inc., Apple Inc., Facebook Inc., Microsoft Corp., and Alphabet Inc. regarding acquisitions of small firms over the past 10 years that may have been...more

Dechert LLP

Welcome to the Future

Dechert LLP on

Long ago, I read a book by a man named Herman Kahn, one of the founders of the Hudson Institute and a well-known public intellectual.  The book was entitled On The Year 2000.  (He was more famous for that truly uplifting...more

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