News

Governments should renew efforts to reform support to agriculture

Friday, July 19th, 2019

Governments worldwide provide more than USD 500 billion in often ineffective and trade distorting support to farmers each year, and efforts to reform these policies have largely stalled, according to a new OECD report. Agricultural Policy Monitoring and Evaluation 2019 shows that farm policies in the 53 countries studied in the report – all OECD […]

The Weekly Vulcan View | Analysis of Latest EU Developments 15-19 July

Friday, July 19th, 2019

Key Events This Week Von der Leyen Secures Commission Presidency On Tuesday MEPs narrowly ratified Ursula von der Leyen as the new President of the European Commission – making her the first woman to fill the EU’s top job. The former German Defence Minister won ratification by a margin of just 9 votes. Von der […]

Brexit: important clarifications published by the CSSF

Friday, July 19th, 2019

The CSSF has published on 15 July 2019 two press releases concerning mandatory notifications for UK firms as well as for UCIs and their managers in the context of Brexit. 1.Mandatory CSSF notification for UK firms in the context of Brexit On 15 July 2019, the CSSF issued a press release 19/33 regarding mandatory notification […]

Antitrust: European Commission opens investigation into possible anti-competitive conduct of Amazon

Thursday, July 18th, 2019

The European Commission has opened a formal antitrust investigation to assess whether Amazon’s use of sensitive data from independent retailers who sell on its marketplace is in breach of EU competition rules. Commissioner Margrethe Vestager, in charge of competition policy, said: “European consumers are increasingly shopping online. E-commerce has boosted retail competition and brought more choice and […]

Brexit: CSSF informs UK entities of actions to be taken in anticipation of a hard Brexit

Thursday, July 18th, 2019

By Marc Meyers, Partner | Loyens & Loeff The CSSF issued two press releases reminding firms authorised in the United Kingdom as well as undertakings for collective investment (UCIs) and/or their managers established in the United Kingdom of the consequences of a hard Brexit and requiring them to notify the CSSF and/or apply for appropriate […]

Synthetic Reality & Deep Fakes: Considerations for Employers and Implications of the Rise of Deep Fakes in the Workplace

Thursday, July 18th, 2019

By Chase Perkins, Natalie Pierce, Aaron Crews, and Jill Weimer | Littler In an age where computer generated imagery (CGI) and digital effects enable entire film genres to exist, like Marvel’s superhero series the Avengers or Guardians of the Galaxy, audiences have no expectation that movies they consume depict actual events or reflect reality. It […]

New DOJ Policy on Corporate Antitrust Compliance Programs Provides Guidance for In-House Counsel and Compliance Officers

Wednesday, July 17th, 2019

Michael J. Hartman | Jan P. Levine | Megan Morley | Robin P. Sumner | Pepper Hamilton On July 11, the U.S. Department of Justice rolled out a new policy to encourage stronger corporate antitrust compliance efforts. Announced by DOJ Antitrust Division head Makan Delrahim in remarks at the New York University School of Law, […]

Has The Brexit Disease Reached Leinster House? By John Bruton

Wednesday, July 17th, 2019

By John Bruton, former Irish Prime Minister (Taoiseach) The fact that Dail Eireann voted yesterday to reject an EU Trade and Investment deal with Mercosur, that took 20 years to negotiate, and that few members could have read,  shows that Irish politics is not immune to the Brexit disease that has infected British politics.  This disease consists […]

The EIB welcomes the European Council’s call for more climate action

Wednesday, July 17th, 2019

Statement by Werner Hoyer, President of the EIB: The EIB welcomes the European Council’s call for more climate action: ”The EU Bank welcomes the request by the European Council to step up our activities in support of climate action. Last week I informed EU economy and finance Ministers that the EIB was prepared significantly to […]

New York Enacts Tougher Laws on Pay Equity and Salary History Inquiries

Wednesday, July 17th, 2019

By Simone R.D. Francis & Shabri Sharma | Ogletree Deakins As we previously reported, the New York State Senate and Assembly recently passed Senate Bill 5248A and Senate Bill 6549. Governor Andrew Cuomo signed both bills, and both became law on July 10, 2019. Senate Bill 5248A, which amends Section 194 of the New York […]