In a recent decision, the Brazilian Superior Court of Justice ("STJ") held that cryptocurrency is a financial asset with "economic value" and subject to seizure in enforcement proceedings....more
New laws have been issued for the Mexican electricity sector, establishing a new dynamic between the public and private sectors....more
5/13/2025
/ Clean Energy ,
Electricity ,
Energy Policy ,
Energy Projects ,
Energy Reform ,
Government Agencies ,
Hydrocarbons ,
Infrastructure ,
Mexico ,
New Legislation ,
Regulatory Agencies
The Trump administration continues its efforts to relax digital asset regulation, including most recently by exempting decentralized finance ("DeFi") apps and wallets from tax reporting and through Securities and Exchange...more
4/15/2025
/ Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Disclosure Requirements ,
Financial Regulatory Reform ,
IRS ,
Offerings ,
Regulatory Reform ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Tax Liability ,
Trump Administration
As the Trump administration and Congress seek to establish clear digital asset regulation, uncertainty remains on whether federal agencies consider stablecoins to be "securities" under federal law....more
As Congress moves to enact comprehensive stablecoin legislation under the Trump administration, both the Senate and the House of Representatives have updated their respective payment stablecoin bills. Our recent Commentary...more
3/18/2025
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Digital Assets ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Committee ,
Financial Services Industry ,
Financial Transactions ,
FinTech ,
Payment Systems ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Requirements ,
Stablecoins ,
U.S. Treasury
President Trump's recent executive order "Strengthening American Leadership in Digital Financial Technology" promoted the development of dollar-backed stablecoins as official U.S. policy. To facilitate this policy, Congress...more
3/3/2025
/ Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
Financial Institutions ,
Financial Regulatory Reform ,
FinTech ,
OCC ,
Payment Systems ,
Proposed Legislation ,
Regulatory Agenda ,
Stablecoins ,
Trump Administration
The Situation: After President Trump issued an Executive Order ("EO") that creates a process to designate international cartels and other organizations as "Foreign Terrorist Organizations" ("FTOs") or "Specially Designated...more
3/3/2025
/ Anti-Money Laundering ,
Cartels ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Enforcement Actions ,
Export Controls ,
Financial Services Industry ,
Justice Against Sponsors of Terrorism Act (JASTA) ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Terrorist Organizations ,
Trump Administration ,
U.S. Treasury
The United States lacks a regulatory framework geared toward digital assets. This raises consumer protection concerns, causes regulatory turf battles and duplicative enforcement actions, impedes innovation, and puts the...more
President Trump signed an executive order ("EO") titled "Strengthening American Leadership in Digital Financial Technology" that signals a radical shift in the federal government's posture towards digital assets and the...more
The Mexican government recently launched the Mexico Plan (Plan México), a six-year strategy in collaboration with the federal government and the private sector intended to promote economic growth in Mexico....more
2/10/2025
/ Automotive Industry ,
Biotechnology ,
Clean Energy ,
Economic Development ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Exports ,
Foreign Direct Investment ,
Imports ,
Infrastructure ,
Investment ,
Mexico ,
Motor Vehicles ,
Pharmaceutical Industry ,
Regulatory Agenda ,
Renewable Energy ,
Semiconductors ,
Small Business ,
Supply Chain ,
Tourism
With an abundance of natural resources and a diverse population, Brazil is well-placed to lead ESG initiatives and could be uniquely positioned to propel sustainable practices in the region. As an increasing—though still...more
In light of the DOJ’s most recent guidance on the use of personal devices and third-party messaging applications by corporate personnel, this White Paper addresses issues and challenges that companies are facing in this area...more
10/18/2023
/ CFTC ,
Compliance ,
Cybersecurity ,
Data Collection ,
Data Privacy ,
Data Protection ,
Department of Justice (DOJ) ,
Electronic Communications ,
Financial Industry Regulatory Authority (FINRA) ,
Guidance Update ,
Instant Messaging Apps ,
Mobile Devices ,
Policies and Procedures ,
Securities and Exchange Commission (SEC) ,
White Collar Crimes ,
Workplace Communication
Established in 1974 in Washington, D.C., the CFTC was originally responsible for overseeing and regulating the commodity futures and options markets in the United States. Initially, its primary focus was to regulate trading...more
9/16/2021
/ Brazil ,
CFTC ,
Commodity Exchange Act (CEA) ,
Derivatives ,
Enforcement Actions ,
Enforcement Authority ,
Foreign Exchanges ,
Futures ,
Latin America ,
Regulatory Authority ,
Regulatory Standards ,
Regulatory Violations ,
Swaps
The Development: On July 8, 2019, Brazil enacted Law No. 13,853/19 outlining the final version of its General Data Protection Law.
The Purpose: The final bill introduces some important changes to the regulations...more
The Development: Brazilian President Michel Temer enacted the Brazilian General Data Protection Law on August 14, 2018.
The Purpose: The newly enacted General Data Protection Law is intended to regulate the treatment of...more
Brazilian President Michel Temer issued two decrees (Decrees Nos. 9.406/18 and 9.407/18) on June 12, 2018, amending Brazil's existing mining code and establishing additional environmental and public safety...more
The Situation: High unemployment rates, combined with an outdated Brazilian protectionist labor regime that imposed high costs on employers, created the opportunity for a new approach to labor regulation.
The Result: Brazil...more
12/7/2017
/ Brazil ,
Collective Bargaining ,
Employer Liability Issues ,
Frivolous Lawsuits ,
Incentive Compensation ,
International Labor Laws ,
Job Creation ,
Layoffs ,
Mandatory Arbitration Clauses ,
Office Equipment ,
Part-Time Employees ,
Selling a Business ,
Severance Agreements ,
Severance Pay ,
Unions