A signature piece of legislation addressing hidden ownership of real estate will be coming into force in British Columbia. Effective November 30, all acquisitions of interest in land will be subject to LOTA’s disclosure rules.

The Court of Justice of the European Union (CJEU) delivered its judgement in “Schrems II” on July 16, 2020, invalidating one of the common methods for legally sharing personal data between entities in the EU / EEA and their affiliates or vendors in the US – the EU-US Privacy Shield program, in which more than 5300 US companies are enrolled -- and casting doubt on the future of the mechanism employed by most companies in the EEA to transfer data abroad, the EU-approved Standard Contract Clauses (“SCCs”).  Alternatives are available, but they are more limited and are also under pressure.

FLI is excited to have published its 2022 Global Guide for Evaluating Country Risk for Global Investments. As always, FLI is proud to showcase the work of its stellar in-country partners. We are pleased to see so many of them contribute to this year's edition and wish to thank them for their contributions. Targeted at corporates with foreign operations, this guide provides executives with the insights, nuances and ins and outs to navigating investment abroad. It is our aim that this guide will open doors and create opportunities.

The European Union has emerged as an undeniable leader in the comprehensive regulation of the digital sphere. Its approach towards privacy, dominant tech platforms, online content moderation, and the development of artificial intelligence has the potential to influence regulatory trends across the globe. From small businesses to multinational corporations, any entity operating within the EU market or interacting with EU citizens faces a rapidly evolving set of complex requirements.