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International Trade

15 January 2021
Edmundo Elías-Fernández Key changes to Foreign Trade General Rules

Mexico - Ramos, Ripoll & Schuster

The Tax Administration Service recently published the Third Resolution of Modifications to the Foreign Trade General Rules 2020. This article sets out the key changes in this respect, which concern suspension from the importer registries, requests to rectify a pedimento form, commercial information numbers and fines.

Author: Edmundo Elías-Fernández
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David Hanke Trump and Congress pave way for potential delisting of publicly traded Chinese companies

USA - Arent Fox LLP

President Trump recently signed into law the Holding Foreign Companies Accountable Act, which aims to increase oversight of Chinese companies listed on US stock exchanges and force the delisting of those that refuse to comply with US audit inspection requirements. This bipartisan legislation was motivated by longstanding US frustrations over China precluding inspections of locally conducted audits of Chinese companies.

Authors: David Hanke, Sylvia G Costelloe
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Adam D Bowser FCC's new foreign ownership review rules set to take effect

USA - Arent Fox LLP

For the first time, the Federal Communications Commission (FCC) will have formal rules governing the process for Team Telecom review of licence applications involving foreign ownership. However, the FCC declined to adopt exclusions for applications that have undergone review by the Committee on Foreign Investment in the United States (CFIUS) on the grounds that CFIUS review analyses distinct foreign ownership concerns.

Author: Adam D Bowser
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Recent updates

Anthony V Lupo DHS joins in broad enforcement effort against forced labour in apparel supply chains

USA - Arent Fox LLP

Authors: Anthony V Lupo, David Salkeld, Natan Tubman
Bernardine Adkins Time is running out to reclaim hundreds of thousands in overpaid customs duties

United Kingdom - Gowling WLG

Authors: Bernardine Adkins, Ursula Johnston, Sean Giles, Claire Bradwell