LATEST POST IN Legislation

Brazil Likely to Increase Barriers to Chinese

On March 8, 2012, the Brazilian Ambassador to China, Clodoaldo Hugueney, declared that Brazil will intensify its protectionist measures on Chinese imports, which totalled $3 billion in January 2012. Brazil’s main protectionist instrument is anti-dumping safeguards that the government implements, rather than first going to the WTO. From the 90 antidumping cases currently in place, 31 are on Chinese goods.

OLDER POSTS IN Legislation

US-EU Organic Trade Agreement

Lori Hardaway

Good news for organic food producers!  Organic food trade between the United States and the European Union will be getting easier this summer.  The two countries have signed an agreement allowing products meeting the organic standards in one country to be sold in the other.  This mutually beneficial arrangement broadens the organic market without imposing further burdens on manufacturers creating

New Industry Standard Governs Safe Food From the Farm

Mark Kinzie

A new Technical Specification has been approved by the International Organization for Standardization (ISO) for detecting, managing, and controlling food safety hazards, beginning with the hygienic environment on the farm.  ISO/TS 22002-3:2011, Prerequisite Programs on Safe Food—Farming Part 3, provides specific requirements that guide the design, implementation and documentation of food safety programs on farms. This is the third in

Social Media and The NLRB

Brian O'Neal

In light of the continuing popularity of social media websites such as Facebook and Twitter, employers need to be aware of the potential legal impact of disciplining or discharging employees due to their comments or postings made on social media websites.  The National Labor Relations Board (“NLRB”) has been processing an increasing number of charges filed by employees alleging they

Contract Risk: Restrictions on grain exports are not likely due to an abundant harvest, but major delays at seaports are to be expected.

Ade Onitolo

Official statistical data has recently been released and indicates that Russia will reap an abundant grain harvest in the 2011-2012 agricultural year. The preliminary estimate of the grain harvest stands at 93 million tons. This is in contrast with the previous year: On August 15, 2010, the Russian government imposed a comprehensive ban on all grain exports in response to

Contaminated Products Insurance (CPI) and the Food Industry

Ian Harrison

Impact of FMSA and Market Response It was initially thought that the Food Modernization Safety Act (FMSA) passed by the U.S. Senate on November 30, 2010 and signed into law by President Obama on January 4, 2011 might have a significant impact on the Contaminated Products Insurance (CPI) market. The Act – the subject of a previous Lockton white paper

National Health Care

Harold Frick

National Health Care will drastically change the way companies will do business in the future.  From legislative issues, to Health Risk Management, to making the decision to even carry health insurance will be foremost on the minds of CEO’s, CFO’s, and HR Directors in the next few years.  Will the law stay as is in the future, or will the

Regulations proposed for participation in the paper market for commodities will likely reduce investment demand

Rafael Gomes

Global – Regulations proposed for participation in the paper market for commodities will likely reduce investment demand. Peril: Regulatory Risk Sectors, Assets or Individuals Affected: Commodities Trading, Banks, Financial Services  Analysis: On 13 June 2011, the French President Nicolas Sarkozy demanded stricter regulation of commodities markets, especially trading in the paper market, citing that raw material and food inflation threatened

China – Regulatory Risk: New anti-bribery laws are likely in the next three years, raising risks of lawsuits against foreign firms competing with state firms.

Rafael Gomes

In February 2011, China passed an amendment to its bribery law that enters into force on 1 May 2011. The vague, single sentence amendment bans the payment of bribes to foreign officials for commercial gain, but fails to clarify the law’s jurisdiction, define bribery or address permitted payments. In its present form, the amendment can be read as applying not

Russia is likely to lift its wheat export ban in July 2011 due to relatively better harvest expectations.

Rafael Gomes

Peril: Contract Risk Sectors, Assets or Individuals Affected: Agriculture/Wheat exports Analysis: A 12 February 2011 government decree, published on 16 February, states that the government is taking extra precautionary measures to cap diesel and gasoline prices sold to agricultural producers at 1 November 2010 prices, with a further 10% discount. Oil companies, rather than the state, will cover the shortfall