COMPLIANCE ETC: THINGS YOU MAY HAVE MISSED – MAY 10

Covid-19 numbers for week ending 6 May show a, perhaps surprising, uptick. 654 new cases (591 the previous week) and 2 more fatalities reported. Active cases are up from 522 to 583. There is still only 1 patient with Covid in ICU, but numbers in other wards is up 3 to 54.

10 MAY 2023

https://www.buymeacoffee.com/KoIvM842y

CANADA PASSES LEGISLATION ON FORCED LABOUR AND SUPPLY CHAIN DUE DILIGENCE

On 10 May, an article from ArentFox Schiff advised that Canada joins a number of major trading partners taking a stronger stance on forced labour after passing legislation: An Act to Enact Fighting Against Forced Labor and Child Labor in Supply Chains and to Amend Customs Tariff, on 3 May.  The legislation enters into force on 1 January 2024, and companies will be required to report their supply chain diligence efforts for the previous calendar year by 31 May 2024.

https://www.afslaw.com/perspectives/alerts/canada-passes-legislation-forced-labor-and-supply-chain-due-diligence

OVERVIEW OF GLOBAL AI REGULATORY DEVELOPMENTS AND SOME TIPS TO REDUCE RISK

On 10 May, a post from the Compliance & Enforcement blog from the Program on Corporate Compliance and Enforcement at the New York University School of Law, said that while the EU is poised to become the first jurisdiction to regulate AI, other countries are not far behind.  In recent months, the US, Canada, Brazil, and China have all introduced measures that illustrate their respective goals and approaches to regulating AI, with the AI regimes in Canada and Brazil appearing to be modelled substantially on the EU AI Act.  The post provides an overview of these legislative developments, highlighting key similarities, differences and trends between each country’s approach as well as providing a few considerations for companies deploying significant AI systems.

https://wp.nyu.edu/compliance_enforcement/2023/05/10/overview-of-global-ai-regulatory-developments-and-some-tips-to-reduce-risk/

$142.8 MILLION POTENTIALLY LOST EACH YEAR TO ILLICIT FISHING IN THE SOUTH-WEST INDIAN OCEAN

On 4 May, a report from WWF says that new research on illegal, unreported and unregulated (IUU) fishing of shrimp and tuna species uncovers massive economic losses to Kenya, Madagascar, Mozambique, South Africa and Tanzania.

https://www.wwf.eu/?10270441/US1428-million-potentially-lost-each-year-to-illicit-fishing-in-the-South-West-Indian-Ocean

HOW PRECURSOR CHEMICALS SUSTAIN MEXICO’S SYNTHETIC DRUG TRADE

On 8 May, an article from Insight Crime explains that production of fentanyl and methamphetamine requires key ingredients known as precursor chemicals.  It says that synthetic drug producers in Mexico have found ways to circumvent regulations to obtain the precursor chemicals, and a sophisticated network of brokers has allowed them to find and buy pre-precursors, less regulated chemicals used at an earlier stage of the production process for methamphetamine and fentanyl.  The report from InSight Crime breaks down the different stages of the supply chain for these synthetic drugs.  It looks at the chemical companies manufacturing and selling the precursors in China and India, the transnational network of buyers sourcing the precursors, and the chemists and cooks synthesising the drugs in Mexico.

https://insightcrime.org/investigations/chemical-precursors-mexico-synthetic-drug-meth-fentanyl/