The orders span various sectors and aim to introduce sunset provisions into regulations and eliminate regulations deemed unlawful or anti-competitive....more
4/25/2025
/ Administrative Procedure Act ,
Clean Water Act ,
Department of Energy (DOE) ,
Deregulation ,
Energy Policy ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Executive Orders ,
FERC ,
Loper Bright Enterprises v Raimondo ,
Regulatory Agenda ,
Regulatory Reform ,
Sackett v EPA ,
SCOTUS ,
Sunset Provisions ,
Trump Administration ,
West Virginia v EPA
The new unit aims to protect retail investors and foster innovation by addressing cyber-related misconduct and emerging technology fraud....more
2/24/2025
/ Artificial Intelligence ,
Blockchain ,
Cryptoassets ,
Cybersecurity ,
Digital Assets ,
FinTech ,
Fraud ,
Investors ,
Machine Learning ,
Retail Investors ,
Securities and Exchange Commission (SEC)
The executive order halts new and existing foreign bribery investigations — but enforcement risk in the UK and Europe remains.
On February 10, 2025, President Trump issued an executive order titled “Pausing Foreign...more
2/14/2025
/ Anti-Corruption ,
Bribery ,
Compliance ,
Corporate Misconduct ,
Criminal Investigations ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Enforcement Priorities ,
EU ,
Executive Orders ,
Foreign Corrupt Practices Act (FCPA) ,
UK
Companies in the US and around the world should consider their potential for UK exposure and assess their compliance programmes in light of that risk.
On 1 September 2025, the UK will implement a new corporate criminal...more
2/13/2025
/ Corporate Governance ,
Corporate Liability ,
Corporate Misconduct ,
Criminal Prosecution ,
Enforcement Actions ,
Failure to Prevent ,
Fraud ,
Fraud Prevention ,
Multinationals ,
Risk Management ,
UK ,
White Collar Crimes
Welcome to our Litigation 2024 Year in Review and 2025 Outlook. In this report, we examine the legal trends that have shaped the commercial landscape in Europe and the UK and explore how these developments are likely to...more
2/11/2025
/ Arbitration ,
Class Action ,
Competition ,
Contract Disputes ,
Corporate Governance ,
Cryptocurrency ,
Data Privacy ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Financial Institutions ,
Insolvency ,
Litigation Strategies ,
Mergers ,
Regulatory Reform ,
UK ,
Whistleblower Protection Policies ,
Whistleblowers
The Serious Fraud Office’s strategy for 2024 to 2029 indicates aspiration to be a more effective agency and to incentivise personnel.
On 18 April 2024, the UK’s Serious Fraud Office (SFO) published an ambitious, albeit...more
4/23/2024
/ Bribery ,
Cooperation ,
Corruption ,
Declination ,
Deferred Prosecution Agreements ,
Financial Action Task Force ,
Fraud ,
Non-Prosecution Agreements ,
OECD ,
Pilot Programs ,
Serious Fraud Office (SFO) ,
Strategic Enforcement Plan ,
UK ,
Whistleblower Awards ,
Whistleblowers
Welcome to our London Litigation Year in Review and 2024 Outlook. In this report, we examine the litigation trends that shaped the commercial landscape in 2023 and look at how these developments are likely to play out in the...more
1/19/2024
/ Antitrust Litigation ,
Artificial Intelligence ,
Banking Sector ,
Criminal Investigations ,
Cryptocurrency ,
Cybersecurity ,
Data Privacy ,
Environmental Social & Governance (ESG) ,
Financial Institutions ,
Shareholder Litigation ,
White Collar Crimes
The US decision reminds UK companies and their officers to identify and report red flags about misconduct in the workplace.
Certain shareholders of McDonald’s Corporation (the Company) sued David Fairhurst, the Company’s...more
3/7/2023
/ Corporate Culture ,
Corporate Officers ,
Delaware General Corporation Law ,
Fiduciary Duty ,
McDonalds ,
Oversight Duties ,
Responsible Person Liability ,
Shareholder Litigation ,
Shareholders ,
UK ,
Willful Misconduct
A court recently found that UK authorities did not fetter their discretion by not investigating general cotton imports potentially produced by the forced labour of Uyghur people in China.
On 20 January 2023, the High...more
Companies that self-disclose, cooperate, and remediate could benefit from significantly reduced fines and possible declinations even in cases with aggravating factors.
In a speech at Georgetown University Law Center on...more
2/7/2023
/ Bribery ,
Chief Compliance Officers ,
Compliance ,
Cooperation ,
Corporate Misconduct ,
Corruption ,
Declination ,
Department of Justice (DOJ) ,
Enforcement Priorities ,
Foreign Corrupt Practices Act (FCPA) ,
Remediation ,
Self-Disclosure Requirements ,
Voluntary Disclosure ,
White Collar Crimes
Many sectors, including financial services, have encountered a discernible increase in whistleblows in recent times — a trend that shows no signs of abating. Indeed, some whistleblowers have seen fit to publicise their...more
Updated DOJ policies will continue to focus on individual accountability and corporate recidivism, while aiming to provide additional incentives for voluntary self-reporting, foster greater transparency on use of monitors,...more
9/28/2022
/ Compliance ,
Cooperation ,
Corporate Crimes ,
Corporate Misconduct ,
Corporate Officers ,
Criminal Investigations ,
Department of Justice (DOJ) ,
Foreign Corrupt Practices Act (FCPA) ,
New Guidance ,
Personal Liability ,
Voluntary Disclosure
Building an effective post-pandemic compliance program requires taking stock of, and acting on, US regulators’ shifting approach and priorities.
As detailed in a recent Latham Client Alert, the US Department of Justice...more
The Strategy provides useful guidance for importers seeking to comply with the provisions of the UFLPA.
The Uyghur Forced Labor Prevention Act (UFLPA) was signed into law by President Biden on December 23, 2021, to...more
7/13/2022
/ Compliance ,
Customs and Border Protection ,
Due Diligence ,
Enforcement ,
Enforcement Priorities ,
Entity List ,
Forced Labor ,
Importers ,
Imports ,
New Guidance ,
Rebuttable Presumptions ,
Supply Chain ,
Uyghur Forced Labor Prevention Act (UFLPA)
Forced Labor Enforcement Task Force issues required enforcement strategy, including guidance to importers.
On June 21, 2022, the key operative provision of the Uyghur Forced Labor Prevention Act (UFLPA) entered into...more
6/22/2022
/ China ,
Customs and Border Protection ,
Forced Labor ,
Human Rights ,
Importers ,
Imports ,
Rebuttable Presumptions ,
Supply Chain ,
Tariff Act of 1930 ,
US Trade Policies ,
Uyghur Forced Labor Prevention Act (UFLPA)
The bill seeks to extend certain provisions of the Foreign Corrupt Practices Act.
The U.S. Congress continues to take interest in implementing legislation to curb alleged human rights abuses in the supply chain in China...more
The UFLPA aims to clamp down on the import of items produced by alleged forced labor in and relating to the XUAR.
On 16 December 2021, the US Senate unanimously passed the Uyghur Forced Labor Prevention Act (UFLPA),...more
12/21/2021
/ China ,
Customs and Border Protection ,
Disclosure Requirements ,
Forced Labor ,
Human Rights ,
Imports ,
Pending Legislation ,
Rebuttable Presumptions ,
Strategic Enforcement Plan ,
Supply Chain ,
Tariff Act of 1930 ,
Uyghur Forced Labor Prevention Act (UFLPA)
The House UFLPA aims to clamp down on the import to the US of items produced by alleged forced labor in the XUAR, while offering less guidance for importers than similar July 2021 Senate bill.
On 8 December 2021, the US...more
UK companies should be aware of the increasing focus on corporate culture by regulators on both sides of the Atlantic.
In a recent speech that has garnered significant attention, US Deputy Attorney General Lisa Monaco...more
11/8/2021
/ Anti-Corruption ,
Chief Compliance Officers ,
Compliance ,
Compliance Monitoring ,
Cooperation ,
Corporate Crimes ,
Corporate Culture ,
Department of Justice (DOJ) ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Foreign Corrupt Practices Act (FCPA)
The priorities will impact non-US companies who may face a US DOJ with a renewed emphasis on combating corporate crime.
In a recent speech that has garnered significant attention, the Deputy Attorney General of the...more
11/5/2021
/ Biden Administration ,
Compliance ,
Compliance Monitoring ,
Corporate Crimes ,
Corporate Culture ,
Corporate Misconduct ,
Corporate Monitoring ,
Criminal Prosecution ,
Cross Border Privacy Rules (CBPR) ,
Cross-Border ,
Deferred Prosecution Agreements ,
Department of Justice (DOJ) ,
Enforcement Priorities ,
Foreign Corporations ,
Foreign Corrupt Practices Act (FCPA) ,
Non-Prosecution Agreements ,
Personal Liability ,
UK ,
White Collar Crimes
Culture has become a point of focus for regulators and corporate stakeholders. The UK Financial Conduct Authority has taken a particular interest in culture and conduct within the financial services sector following the...more
The regulations will enable the UK government to sanction persons “involved” in human rights abuses — potentially anywhere in the world.
On 6 July 2020, the UK Foreign Secretary announced the introduction of the Global...more
Economic aid legislation will likely result in increased scrutiny of certain industries, similar to investigations that followed relief efforts in the 2008 financial crisis.
Key Points:
..The CARES Act creates multiple...more
The penalty reflects the increasingly active approach in the UK to the enforcement of sanctions breaches.
The UK’s financial sanctions regulator, HM Treasury’s Office of Financial Sanctions Implementation (OFSI), has...more
The Commissioner held senior leadership accountable for illegal “sign-stealing”, even though the conduct generally involved players and low-level operations employees.
On 13 January 2020, the Major League Baseball...more