Chemical Industry Regulatory Update - October 2021
A Newsletter from The Adhesive and Sealant Council and Thompson Hine LLP
Date: October 11, 2021
The chemical industry is subject to complex and ever-evolving laws and regulations. New standards governing the production and use of chemicals are implemented every year worldwide, and existing laws and regulations are constantly changing to keep pace with new information and scientific advancements. Chemical Industry Regulatory Update provides a monthly digest of recent legislative and regulatory developments and related industry news.
An ESG Snapshot
With corporations under increasing pressure to implement environmental, social and governance (ESG) initiatives, in-house counsel and senior corporate executives will find a useful benchmark against which to measure their programs and progress in “An ESG Snapshot,” a report authored by Thompson Hine’s ESG Collaborative attorneys. The report summarizes the results of a recent firm survey exploring the ESG standards that investors and other key stakeholders are increasingly applying as part of their evaluation to identify material risks and growth opportunities.
View the full survey report here.
New COVID-19 Workplace Safety Guidance for Federal Contractors and Subcontractors
On September 24, the Safer Federal Workforce Task Force (“Task Force”) released its “COVID-19 Workplace Safety: Guidance for Federal Contractors and Subcontractors” (“Guidance”), which defines the specific parameters of the vaccination requirement, as well as other safety protocols that contractors and subcontractors must follow. The Guidance is pursuant to and references the “Executive Order on Ensuring Adequate COVID Safety Protocols for Federal Contractors” (“Executive Order”), which President Biden issued on September 9. Read more.
Treasury Department Issues Updated Advisory on Ransomware Payments
Ransomware attacks have been increasing, forcing many businesses to choose between paying a ransom and losing access to their confidential and proprietary data or information networks and systems. On September 21, the Department of the Treasury issued an updated advisory that highlights potential sanctions risks for companies that directly make or otherwise facilitate ransomware payments and offers “proactive steps” companies can take to mitigate such risks. Continue reading.
*Not licensed to practice law.
Commerce Issues New Trade Remedy Regulations for Antidumping and Countervailing Duty Laws
On September 20, 2021, the Department of Commerce (Commerce) published in the Federal Register amended regulations to improve its administration and enforcement of the antidumping (AD) and countervailing duty (CVD) laws. The AD/CVD laws are intended to provide relief to domestic industries, including businesses, workers, farmers, and ranchers, from the injurious effects of unfairly traded imports through the imposition of AD/CVDs. The final rule significantly modifies the agency’s regulations concerning industry support, new shipper reviews, scope inquiries, circumvention inquiries, covered merchandise inquiries, certifications, and certain procedures. Aimed at closing loopholes and addressing inefficiencies, these revisions are Commerce’s first overhaul of the AD/CVD regulations in more than 20 years. Read more.
Managing the Deluge of Employee Benefit Plan Compliance Requirements – Webinar Series
As employers plan for year-end and the year ahead, it’s easy to become overwhelmed by the flood of legislative and regulatory developments affecting employee benefit plans. Join us for a series of webinars aimed to provide concise information regarding the latest updates and guidance on important employee benefits issues. Visit our Events page to view past presentations and sign up for upcoming sessions.
Path Out of the Pandemic: Challenges for Employers Webinar
On September 9, President Biden announced his COVID-19 action plan, “Path Out of the Pandemic,” which includes an array of executive orders and directives affecting employers and government contractors. This presentation examines the plan’s implications for employers, including recent executive orders, government contracting requirements, vaccination and testing mandates, OSHA requirements and associated benefit plan impacts. We also share information gathered in our recent workplace survey, “The Future World of Work: Vaccine Protocols.” Click here to watch.
Check out the latest Employment Legislation Outlook. Learn about the latest developments in paid sick and leave laws, family and parental leave, recreational and medicinal marijuana use, and workplace issues.
Chemical Industry Regulatory Update is compiled by Thompson Hine lawyers on behalf of The Adhesive and Sealant Council. It should not be construed as legal advice, and the views and opinions expressed herein are those of the authors and do not necessarily reflect those of the ASC or its members.
FOR MORE INFORMATION
For more information, contact the editor, William J. Hubbard, or any of the authors.
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