US, EU and China - Forced labor trade restrictions and countermeasures

1 month ago JD Supra

(a) Xinjiang:The central provision is section 3a, which creates a rebuttable presumption that all articles (goods, merchandise and wares) from Xinjiang are made with forced labor. (b) Listed entity:In accordance with section 2(d)(2)(B), the Forced Labor Enforcement Task Force (established under section 741 of the United States-Mexico-Canada Agreement Implementation Act (19 U.S.C. a well-founded reason, based on objective and verifiable information) to suspect that products were likely made with forced labor. ConclusionAs shown above, the US and the EU have taken different approaches on trade policy and laws aimed at eliminating forced labor. The Chinese response to these laws has resulted in Chinese laws that are burdensome for Chinese companies and which will place foreign companies doing business in China or with Chinese companies in a legal and business dilemma.
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Can "Free Gas" Clauses Refute the Artificial Wellhead Value Suggested by Drillers?

Prior to the advent of Marcellus Shale drilling, "free gas" clauses were common in many oil and gas leases across Pennsylvania. (February 17, 2012) Frequently, this “free gas” allowance contemplated in a “free gas” clause is between 150,000 cubic feet and 300,000 cubic feet per year. An obvious concern associated with such “free gas” allowances is what happens if the landowner uses more than the allotment of “free gas” authorized by the lease. Ct. 2003).Many “free gas” clauses (also known as “house gas” clauses) stipulate that users are charged for this “overburn” gas. In the Marcellus Shale era, "free gas" clauses have fallen to the wayside, with drillers offering a payment in lieu of a "free gas" allowance, if anything.

1 month ago JD Supra

Tannenbaum Helpern Syracuse & Hirschtritt LLP - JDSupra

On February 7, 2023, the Securities and Exchange Commission’s (the “ SEC ”) Division of Examinations (the “ Division ”) published its examination priorities for the upcoming year. Most relevant for RIAs is the new Advisers Act Rule 206(4)-1 (the “ Marketing Rule ”), compliance with which became mandatory on November 4, 2022. Examinations will focus on whether RIAs have adopted and implemented written policies and procedures reasonably designed to prevent violations of the Marketing Rule. Information Security and Operational ResiliencyThe Division will examine RIA’s cybersecurity policies and procedures, including the RIA’s compliance with Regulations S-P and S-ID, where applicable. RIAs should review their current compliance policies and procedures, as well as any private fund documents and disclosures to ensure compliance with all relevant statutory and/or regulatory requirements.

1 month ago JD Supra

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1 month ago JD Supra

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1 month ago JD Supra

Compliance Notes - Vol. 4, Issue 7

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OFAC Russia Related Sanctions Update: ‎‎February 2023‎

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Finding The Sweet Spot In The Brown Field

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1 month ago JD Supra

China: US Law Against Uyghur Forced Labor Takes Effect

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1 month ago www.hrw.org

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1 month ago www.internationaltradecomplianceupdate.com

Labor Regulations, EU, Electronics - JD Supra

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1 month ago www.jdsupra.com

[PDF] EU-China trade and investment relations in challenging times

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4 months ago www.europarl.europa.eu

China Forced Labor Law Prompts Sweeping Supply Chain Reviews

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1 month ago news.bloomberglaw.com

Forced labor and child labor — a continued major distortion in

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1 month ago currentthoughtsontrade.com

U.S. Enacts Law Barring Products Made With Forced Labor in China

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1 month ago www.littler.com

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2 months ago www.shearman.com

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3 months ago crsreports.congress.gov

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1 month ago www.spglobal.com

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