Earlier this year, the technology working group of HM Treasury outlined the initial stages of a strategic road map for the development of a fund tokenization industry in the U.K., with a final phase to be confirmed by the end of…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
In Beijing Songxianghu Architectural Decoration Engineering Co., Ltd v Kitty Kam [2024] HKCFI 1657 (date of reasons for decision: 19 June 2024), the Hong Kong Court of First Instance (“the Court”) dismissed an application for a…
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/ Alternative Dispute Resolution (ADR), Business Torts, Civil Procedure, Commercial Law & Contracts
The Federal Trade Commission (FTC) has published a long anticipated Final Rule on the Use of Consumer Reviews and Testimonials that prohibits certain practices the FTC deems misleading or deceptive, provides additional guidance…
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/ Antitrust & Trade Regulation, Communications & Media Law, Consumer Protection
The SEC announced settled charges against Zymergen Inc. in connection with its IPO based on misleading statements about its market potential, revenue prospects and customer pipeline. After raising $530 million in the 2021 IPO,…
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/ Bankruptcy, Business Organizations, Securities Law
The Federal Deposit Insurance Corporation (“FDIC”) proposed in its Notice of Proposed Rulemaking (“NPR”) that insured IDIs keep records of individual accounts that are typically held in pooled custodial accounts that support…
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/ Consumer Protection, Finance & Banking
New York State has enacted the Retail Worker Safety Act, which goes into effect on March 4, 2025. The new law requires employers with at least ten retail employees to establish a workplace violence prevention policy and a…
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/ Labor & Employment Law
Long IT sub-contracting chains can make it hard for financial institutions to understand the vulnerabilities in their IT estate and the location of key functions (where these may be located in entities who do not have a direct…
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/ Finance & Banking, International Law & Trade, Science, Computers, & Technology
On August 28, 2024, the Financial Crimes Enforcement Network (“FinCEN”) adopted final rules (“Rules”) applicable to investment advisers with relatively few changes from the rules as proposed…
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/ Finance & Banking, Securities Law
The ‘fundamental aim’ of the Green Belt as stated in the NPPF is urban containment. The NPPF contains strong protections by imposing strict tests to be met before Green Belt land can be released for development…
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/ Environmental Law, Real Estate - Residential, Zoning, Planning & Land Use
On September 10, 2024, the SEC announced that it had charged Keurig Dr. Pepper for making incomplete, and therefore inaccurate, statements regarding the recyclability of its popular K-cup pods…
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/ Business Organizations, Securities Law
In this post, the final part of our six-part series, we explore the nuances of the “teeth” of the FTC’s Final Rule on consumer reviews and testimonials—the money the FTC can recover for violations of the Final Rule…
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/ Antitrust & Trade Regulation, Communications & Media Law, Consumer Protection
As part of the government’s wider review of the electricity transmission network via the Integrated Transmission Planning and Regulation Project, and after its successful introduction of competition to offshore transmission…
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/ Administrative Law, Energy & Utilities, Government Contracting
On 13 September 2024, the Government published a heritage and vision statement to commemorate, celebrate, preserve and safeguard the history and cultural heritage of the UK’s civil nuclear industry and those associated with its…
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/ Administrative Law, Energy & Utilities
In this post, part of a six-part series on the FTC’s Final Rule on Consumer Reviews and Testimonials, we explore what the FTC means in prohibiting the use of fake indicators of social media influence, and fake review websites…
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/ Antitrust & Trade Regulation, Communications & Media Law, Consumer Protection
The regulation of per- and polyfluoroalkyl substances (“PFAS”) in drinking water remains one of the primary focuses for legislatures and agencies at both the state and federal levels…
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/ Environmental Law, Consumer Protection
