On September 10, Federal Reserve Vice Chair for Supervision Barr gave a speech (the Barr Speech) in which he outlined the principal changes to the federal banking agencies' 2023 proposal to implement the Basel Endgame (the…
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/ Finance & Banking
The resource aims to provide a comprehensive, voluntary framework to enhance transparency in the digital assets market and enable informed decision-making for potential buyers…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
The new regime will take effect on 1 January 2025, but will not diminish the responsibilities of financial services firms relying on the services of critical third parties…
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/ Finance & Banking
The regime will have broad reach, although its implementation will likely take several years.
On 14 November 2024, HM Treasury laid out the future UK regulatory regime for environmental, social, and governance (ESG) ratings…
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/ Business Organizations
The vote follows the European Commission’s proposal to delay application of the regulation by one year.
On 14 November 2024, the European Parliament (Parliament) voted in favour of the European Commission’s (Commission) to…
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/ Agriculture, Environmental Law, International Law & Trade
In-scope entities should keep preparing for compliance with Senate Bills 253 and 261 as the lawsuit proceeds past an initial summary judgment motion…
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/ Administrative Law, Constitutional Law, Environmental Law
This fall, Latham’s Investment Funds Practice provided guidance on financing options and considerations for funds and portfolio companies in the second installment of the Private Funds Breakfast Series. The quarterly series is…
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/ Business Organizations, Finance & Banking, Mergers & Acquisitions
In February 2024, we issued a report on the public comments received on the proposal of the Board of Governors of the Federal Reserve System (Federal Reserve), the Office of the Comptroller of the Currency (OCC), and the Federal…
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/ Finance & Banking, Securities Law
The NPV aims to promote growth and international competitiveness by advancing open banking, re-evaluating the approach to regulating the sector, and continuing the fight against fraud…
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/ Finance & Banking
The proposals seek to address engagement feedback which called for a more effective stewardship model that would support UK competitiveness and growth.
On 11 November 2024, the Financial Reporting Council (FRC) launched its…
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/ Business Organizations, Finance & Banking, Securities Law
The world’s first regulated private/public crossover market is significantly redesigned as a friction-free “private up” rather than “public down” market with rethought approach to disclosure and market abuse…
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/ Business Organizations, Finance & Banking, Securities Law
The UK Chancellor announces a growth-focused agenda for financial services.
On 14 November 2024, the new Chancellor of the Exchequer, Rachel Reeves, delivered her first Mansion House speech…
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/ Finance & Banking
The Prime Minister announced the new UK target of an 81% reduction in greenhouse gas emissions at COP29 in Baku, Azerbaijan…
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/ Energy & Utilities, Environmental Law, International Law & Trade
SEC Penalizes Director for Misleading D&O Questionnaire Response -
The SEC recently brought an enforcement action against a director for causing violations of the proxy rules by failing to disclose a close personal…
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/ Business Organizations, Securities Law
The announcement follows declarations to simplify regulatory frameworks for businesses, and an overall drive to increase competitiveness in Europe.
On 8 November 2024, European Commission President Ursula von der Leyen…
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/ Business Organizations
