The State Department has provided details on how it plans to implement the Conventional Arms Transfer Policy, which seeks to better align arms exports with U.S. national security and economic interests. This implementation plan consists of three lines of effort, each supported by tasks that will be undertaken by the relevant federal agencies. More
Argentina recently made certain changes to the list of IT/telecom goods (as well as integrated systems containing such products) benefiting from duty-free treatment. Separately, the Argentinean government has extended for an additional 360 days the current suspension on the exportation for consumption of iron and steel waste and scrap. More
The U.S. Department of Justice announced on 1 November that a federal grand jury has indicted a mainland Chinese state-owned enterprise, as well as a Taiwan-based company and three individuals, for crimes related to a conspiracy to steal, convey and possess stolen trade secrets of U.S. semiconductor company Micron Technology Inc. for the benefit of a company controlled by the mainland Chinese government, along with a conspiracy to commit economic espionage. More
The development of Artificial Intelligence (AI) applications and resources has been designated as a priority by the Shanghai Economic and Information Technology Commission. To this end, in association with four other local government bodies, the Commission has issued new guidelines designed to nurture AI-related research and implementation across five distinct sectors. More
Guangdong, Hong Kong and Macau are stepping up cooperation to establish the Greater Bay Area as an international technology and innovation centre. Hong Kong technology and services players can use Hong Kong’s advantages like free flow of information and capital to solicit partners in the Area. They can also help their partners acquire what they need in terms of international technology resources, IPRs and other professional services. More
Automating and digitising the process of compliance and fund administration, Veridate integrates and automates the four key pillars of wealth administration: client onboarding, accounting, administration, and consolidated reporting.