Paul Hastings RSS Feed

Over the past three months, China has introduced a series of measures that significantly expand its legal framework for responding to foreign extraterritorial laws and regulatory actions. Collectively, these measures strengthen the ability of Chinese authorities to respond to foreign sanctions, export controls, investigations and other exercises of “long-arm” jurisdiction.

In Advisory Opinion No. 26-13 (AO-26-13)[1], issued on June 4, the Department of Health and Human Services’ Office of the Inspector General (HHS-OIG) considered whether a pharmaceutical manufacturer’s proposal to offer free nonprescription eye drops to patients through its patient suppor...

Businesses will need to take a closer look at upgrading their privacy programs as states consider more stringent laws on the collection and processing of personal data. In 2026, four states — Oklahoma, Louisiana, Alabama and Vermont — have passed comprehensive new state privacy laws. Additionally, three states — Virginia, Maryland and Connecticut — have passed significant ame...

FinCEN, together with the OCC, the Federal Reserve, the FDIC and the NCUA, proposed a joint rule requiring permitted payment stablecoin issuers under the GENIUS Act to establish and maintain customer identification programs under the Bank Secrecy Act. The OCC issued a bulletin stating that it will return materially deficient applications without a decision and will publish it...

The EU General Court (the Court) on 17 June issued its judgment on the application of VAT in loan management services in Case T-184/25 Veronsaajien oikeudenvalvontayksikkö v. A Oy [EU:T:2026:399]. This ruling may carry potential implications for securitisation structures with an EU element.

Finnish tax authorities have been in ongoing legal proceedi...