On February 24, 2019, President Trump announced that the United States will delay an increase in Section 301 tariff rate on approximately $200 billion worth of Chinese imports (i.e., products on the US List 3), which was originally scheduled to take effect March 2, 2019. This Legal Update provides further details.

The Federal Revenue Office of Brazil confiscated approximately US$800 million in illegal products in 2018. This total represents an increase of approximately US$180 million in confiscated products since 2017.

Trustees and employers who use a guarantee or charge to reduce their pension scheme’s Pension Protection Fund (PPF) levy may need to re-execute that guarantee/charge in order for it to be taken into account in calculating the scheme’s 2019/20 PPF levy.

On February 11, 2019, President Trump signed an “Executive Order on Maintaining American Leadership in Artificial Intelligence.”

An issuer comes to us and asks if it can link its debt security to an index.

On February 18, 2019, Legislative Decree No. 02/2016 was declared unconstitutional.

Since the Jumpstart Our Business Startups (JOBS) Act was enacted in 2012, emerging growth companies (EGCs) have benefited from the opportunity to test the waters with investors and gauge interest in a potential offering.

The US Securities and Exchange Commission’s (“SEC”) Office of Compliance Inspections and Examinations (“OCIE”) released its 2019 examination priorities on December 20, 2018.

The safety of dams, especially those used to dispose of solid waste generated by mining, is becoming increasingly important in light of recent episodes that indicate the need for reviewing the regulatory framework and improving inspection procedures, duties of the public bodies that have the legal competence to implement changes in this area.

Richard looks at the government’s response to its consultation on proposed new powers for the Pensions Regulator.

The government has confirmed that the Pensions Regulator will be given new powers to better protect members of DB pension schemes, including introduction of a new offence of wilful or reckless behaviour in relation to a pension scheme which will be punishable by up to seven years’ imprisonment.