
Publication
Navigating regulatory challenges in data centres
Businesses investing in, financing or operating data centres face a complex matrix of laws and regulatory requirements.
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United States | Publication | August 11, 2020
On August 11, 2020, the US Customs and Border Protection (CBP) published a notification requiring that all goods produced in Hong Kong and entered or withdrawn from warehouse for consumption into the United States after September 25, 2020, must — under Section 304 of the Tariff Act of 19301 — be marked as a product of China. CBP's shift in policy is an outgrowth of President Trump's July 14, 2020, Executive Order on Hong Kong Normalization, which suspended Hong Kong's special trade status under section 201(a) of the United States-Hong Kong Policy Act of 1992.2
Significantly, CBP's notification does not reference whether goods produced in Hong Kong will become subject to Section 301 tariffs or antidumping/countervailing duties that are currently imposed by the United States on a broad spectrum of Chinese-origin goods. Although CBP's website still includes guidance that such tariffs do not apply to goods manufactured in Hong Kong, we anticipate additional guidance on this point from CBP or the USTR in the near future.
We will continue to monitor these, and related, developments closely and publish additional updates, as appropriate.
Publication
Businesses investing in, financing or operating data centres face a complex matrix of laws and regulatory requirements.
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Mergers or acquisitions that meet certain turnover thresholds will shortly be required to be notified to the ACCC.
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March 2025 was a busy month in the financial services space with the release of the draft bill on the second tranche of the ‘Delivering Better Financial Outcomes’ reform concerning advice provided through superannuation and client advice records.
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