News & Analysis as of

Consultation Compliance

Venable LLP

OSHA Turns Up the Heat on Employers with New Proposed Rule

Venable LLP on

Last summer, we described efforts of the Occupational Safety and Health Administration (OSHA) and several states to protect workers from heat stress hazards. In July of this year, OSHA issued a notice for a proposed rule,...more

Latham & Watkins LLP

Hong Kong Concludes Consultation on Proposed Approach to Stablecoin Legislation

Latham & Watkins LLP on

The government will enact the new legislation to bring issuers of fiat-referencing stablecoins into the regulatory perimeter. On 17 July 2024, the Financial Services and the Treasury Bureau and the Hong Kong Monetary...more

BCLP

EHRC Draft Technical Guidance - Clear Messaging on Sexual Harassment

BCLP on

Welcome to the new Two Minute Weekly. Following requests from readers, we are changing the format of our employment law newsletter. It will now be weekly and will feature as it did before news items and new cases....more

Barnea Jaffa Lande & Co.

MiCA and Reverse Solicitation

Non-EU or non-MiCA compliant entities that want to offer or provide crypto-asset services to clients in the EU must be aware of the newly drafted guidelines from the European Securities and Markets Authority (ESMA). The...more

Eversheds Sutherland (US) LLP

No longer in limbo - China’s CAC finalises new regulations regarding cross-border data flows

The much anticipated response to the Consultation initiated by the Cyberspace Administration of China (CAC) last September has finally arrived (read our earlier briefing here). Last Friday, the CAC ended months of speculation...more

WilmerHale

China Finalizes Rules to Ease Data Export Compliance Burden

WilmerHale on

On March 22, 2024, the Cyberspace Administration of China (“CAC”) promulgated the final version of the Provisions on the Promotion and Regulation of Cross-Border Data Flows (the “Final Provisions”), bringing to conclusion the...more

Smart & Biggar

PMPRB publishes scoping paper for consultation on guidelines, and invites stakeholder feedback

Smart & Biggar on

As we have previously reported, the Patented Medicine Prices Review Board (PMPRB) announced that it will launch the first phase of consultations on new guidelines. On November 10, 2023, the PMPRB published its Scoping Paper...more

Latham & Watkins LLP

UK Regulators Set Out Policy Proposals on Misconduct; Diversity and Inclusion

Latham & Watkins LLP on

The FCA and the PRA have published their long-awaited consultations which aim to formalise how firms approach diversity and inclusion. On 25 September 2023, the FCA and the PRA published separate but related consultation...more

BCLP

It’s urgent! Dispensation with service charge consultation requirements, but at what cost?

BCLP on

The First Tier Tribunal (FTT) has allowed a landlord to dispense with the statutory requirement to consult with leaseholders prior to carrying out substantial fire safety works to a multi-storey residential building....more

BCLP

Cyber laws will be updated to boost UK’s resilience against online attacks

BCLP on

The UK government confirmed on 30 November 2022 that there will be changes to the UK’s cybersecurity regulations in response to a public consultation launched earlier this year. This follows recent updates relating to the...more

BCLP

UK Data Reforms - Cautious First Steps Along the EU Adequacy “Tightrope”

BCLP on

The UK government set out its detailed proposals for data protection reform on 18 July 2022 in the form of the Data Protection and Digital Information Bill. Compared with some of the radical ideas in the 2021 public...more

WilmerHale

Can Kicking and Buck Passing: Reform of Corporate Criminal Liability

WilmerHale on

In January 2017, the UK Government issued a consultation paper calling for evidence on reforming corporate criminal liability for economic crime. Nearly four years later, on 3 November 2020, the Government’s response was...more

Latham & Watkins LLP

Crypto Coming of Age: UK Regulation Hits Cryptoasset Business

Latham & Watkins LLP on

New regulatory requirements, including registration and customer disclosure requirements, apply to regulated and unregulated persons carrying on relevant cryptoasset business. On 20 December 2019, the UK government published...more

A&O Shearman

European Securities and Markets Authority Launches Consultation on Credit Ratings Agencies’ Internal Control Functions

A&O Shearman on

The European Securities and Markets Authority has launched a consultation on its proposed guidelines setting out the criteria that Credit Ratings Agencies should have in place to demonstrate that their internal control...more

A&O Shearman

Financial Regulatory Developments Focus - July 2018 #2

A&O Shearman on

In this week's newsletter, we provide a snapshot of the principal U.S., European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset...more

Ballard Spahr LLP

OCC Announces Standards for Third-Party Consultants

Ballard Spahr LLP on

The Office of the Comptroller of the Currency (OCC) recently issued guidance on what it looks for when requiring national banks and federal thrifts in enforcement orders to engage third-party consultants (3PCs). Bulletin...more

Goodwin

OCC Issues Guidance and Establishes Standards Regarding Banks’ Usage of Independent Consultants in Connection with Compliance with...

Goodwin on

The OCC issued guidance (the “Guidance,” OCC Bulletin 2013-33) that establishes standards that the OCC will use when it requires national banks, federal savings associations or federal branches or agencies (collectively,...more

Orrick - Finance 20/20

OCC Publishes Standards on Independent Consultants

Orrick - Finance 20/20 on

On November 12, OCC published standards governing the use of independent consultants in enforcement actions involving significant violations of law. The standards describe the criteria the OCC will use in determining whether...more

Thomas Fox - Compliance Evangelist

‘You Scratch My Back’ Leads To A Fine And Penalty

The above lyrics are the closing stanza to the song “Ghost Riders in the Sky”. I thought about the advice for the cowboy to change his ways to save his soul from Hell when I read in both the Financial Times (FT) and the Wall...more

Thomas Fox - Compliance Evangelist

We Say Good-Bye To The Secretary Of Defense And Total Says Hello To Two Monitorships – Total Part III

Today I finalize my review of the Total SA (Total) Foreign Corrupt Practices Act (FCPA) enforcement action....more

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