The county is a major producer of cereals, vegetables, pigs and poultry, so there could be opportunities to satisfy more of the UK’s domestic demand – if Norfolk producers can continue to be viable without the EU’s farm subsidies which will be phased out after Brexit. … [Read more...] about How would a no-deal Brexit directly affect Norfolk residents?
European workers directive
The Commission stated that, in order to help EU citizens and businesses more quickly reap the full potential of data, it will work with the European Parliament and the European Council to successfully complete the reform of the EU’s data protection rules. The Commission will also work toward the final adoption of the directive on network and information security to ensure the high level of trust that is fundamental for a thriving data-driven economy. … [Read more...] about European Commission Discusses Big Data
In NAM v. SEC, the court upheld most of the SEC conflict minerals rule earlier this year but also ruled that the requirement in the rule to describe products as “not found to be DRC conflict free” was compelled speech in violation of the First Amendment (see our April 16, 2014 news alert for details). The Court applied heightened scrutiny in reaching this holding, rejecting the SEC’s argument that rational basis review – as set out in an earlier consumer deception case, Zauderer v. Office of Disciplinary Counsel – should apply. … [Read more...] about D.C. Circuit to Reconsider Conflict Minerals Ruling; Initiatives Proceed in the European Union and China
On Monday, MEPs will discuss the upcoming report of the Committee on the Internal Market and Consumer Protection (“IMCO”) on the proposal for a Regulation on CE marked fertilizing products. The proposal for a Regulation seeks to repeal the existing Fertilizers Regulation. It introduces revised EU market access rules to incentivize the large-scale production of fertilizers in the EU from domestic organic or secondary raw materials with a view to reducing the EU’s dependence on imported substances, such as phosphate. The proposal also provides measures to address the issue of soil and food contamination. It also introduces harmonized cadmium limits for phosphate fertilizers to protect human health and reduce environmental risks. See the proposal for a Regulation here, and the draft report here. … [Read more...] about The Week Ahead in the European Parliament – October 20, 2017
Initially, UK fund managers will be treated as non-EEA alternative investment fund managers and lose their managing and marketing passports into the EU. Currently, thanks to the “passport” regime, under the Alternative Investment Funds Management Directive (AIFMD), both UK and non-UK funds can be managed by UK-regulated fund managers operating out of the UK, and such fund managers can market and distribute the fund throughout the EU. Such fund managers will cease to qualify for a passport on Brexit. Under current rules, they could only market such funds as alternative investment funds to EEA investors under local private placement arrangements, if applicable. … [Read more...] about How Will the Exit of the United Kingdom from the European Union (“Brexit”) Affect U.S. Corporations Doing Business in the UK?