Weekly Compliance News - Around the World

GCSG's Weekly Compliance News feature is a compilation of some of the previous weeks interesting trade compliance, anti-bribery and corruption, fraud, and due diligence news bites, from around the world.

Guide to the General Data Protection Regulation  | Information Commissioner’s Office

“The Guide to the GDPR is part of our Guide to Data Protection. It is for DPOs and others who have day-to-day responsibility for data protection.” (Click here for the article) - United Kingdom

German Business Down with Iran as US Sanctions Bite | National Post

“A German business group says German companies’ trade with Iran has declined sharply as the United States turns up the economic heat on Tehran.” (Click here for the article) - Germany, Iran, US

Americans Snap Up Imports from Vietnam at China’s Expense | Bloomberg

“Vietnam was one of the fastest-growing sources of American imports from Asia last quarter, and could potentially overtake the U.K. as a bigger supplier to the U.S. if it keeps up that pace.” (Click here for the article) - Vietnam, UK, US, China

Businessman Admits Offenses in Citgo Bribe Case | The FCPA Blog

“An executive who controlled several U.S.-based companies pleaded guilty Wednesday to bribing officials at subsidiaries of Venezuela's state energy company.” (Click here for the article) - US, Venezuela

Trump’s 5% Tariff on Goods Imported from Mexico doesn’t Sit Well with US Businesses | Supply Chain 24/7

“President Trump’s threat to impose across-the-board tariffs on Mexico is stirring widespread opposition and concern among U.S. business groups who say they could have major negative impacts on supply chains and trade activity.” (Click here for the article) - US, Mexico

Southeast Asia Gains New Leverage as China and US Battle for Influence | Asian Review

“There are two "friendship bridges" spanning the Tonle Sap river in the Cambodian capital of Phnom Penh. One is labeled the Cambodia-Japanese friendship bridge; the other is the Cambodia-China friendship bridge. Sitting almost side by side, the bridges are an unintended reflection of the rivalry between Japan and China, in Cambodia and across much of the surrounding Mekong region, where the two countries are the largest donors and investors.” (Click here for the article) - US, China, Cambodia, Japan