Overview and key takeaways
On 16 October 2026, the Ministry of Commerce of the People’s Republic of China (“MOFCOM”) and the Ministry of Science and Technology of the People’s Republic of China (“MOST”) issued Announcement [2026] No. 48, seeking public
On 14 October 2026, the Competition and Markets Authority (CMA) announced fines totalling more than £6 million against three businesses for breaches of UK consumer law involving time-limited offers, paid-for optional extras and the presentation of mandatory fees. The cases
The European Union’s recent proposal to make Canada its first associate member has sparked discussion about what a closer relationship between the two economies could look like and what it could mean for businesses operating across borders.
While there is
The immigration landscape for U.S. employers has shifted dramatically. The past six months alone have produced escalating enforcement activity, sweeping proposed changes to temporary visa categories, and reshaped adjudication standards — all while active litigation continues to alter the legal
On September 28, 2026, the Illinois Department of Revenue (the “Department”) released draft proposed rules (the “Draft Proposed Rules”) implementing the Digital Asset Tax Act (the “Act”), which was enacted as part of Senate Bill 3019. Notably, the Draft Proposed
Baker McKenzie has recently published a client alert regarding the US Department of Justice’s New Fraud Division Corporate Enforcement Directive issued on October 1, 2026. Corporate fraud schemes involving tariff evasion, importation of goods or services, or forced labor, are
On October 5, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) published an alert (the “Alert”) warning that foreign financial institutions (“FFIs”) that continue to transact with sanctioned Iranian financial institutions “could be targeted at
The US Department of the Treasury’s Office of Foreign Assets Control (“OFAC“) has restructured the location of penalty and enforcement procedure provisions within its regulations. On September 25, 2026, OFAC published a final rule creating 31 CFR Part 505, the
We are pleased to share this new white paper examining the IRS’s administrative waiver policy for deposit penalties related to stock-settled equity awards in today’s T+1 settlement environment. The paper explores the practical application of the policy and highlights key
In brief
