Global Affairs Canada (GAC) published new guidance clarifying the application of the deemed ownership provisions under Canada’s economic sanctions legislation. The guidance, updated on 13 October 2026, addresses the thresholds for establishing control over an entity, including through aggregated ownership by multiple designated persons, board appointment rights and the exercise of influence. It also provides illustrative scenarios involving indirect ownership structures and potential proxies for designated persons. Background Canada’s deemed ownership provisions were introduced into…
Overview and key takeaways On 16 October 2026, the Ministry of Commerce of the People’s Republic of China…
The European Union’s recent proposal to make Canada its first associate member has sparked discussion about what a…
Join us in Mountain View, California on Thursday, November 12, for an exclusive in-person forum on Trade Strategy…
Join us for the 47th Year-End Review of Global Trade Developments Conference, a three-day webinar series featuring five…
Baker McKenzie has recently published a client alert regarding the US Department of Justice’s New Fraud Division Corporate…
On October 5, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) published an…