Impact investing has been gaining new prominence recently to respond to the environmental and social challenges that the traditional frameworks of philanthropy alone could not address. Impact investors generally seek to...more
2/12/2024
/ Banks ,
Document Management ,
Due Diligence ,
Environmental Assessments ,
Environmental Social & Governance (ESG) ,
Financial Institutions ,
Financial Services Industry ,
Innovation ,
Investing Companies ,
Investment ,
Investors ,
Popular
Funds Not Caged by SEC Names Rule Amendments: Roaming Room Remains -
The SEC recently adopted amendments to its investment company “names” rule that apply to most SEC-registered funds, including underlying funds in which...more
1/11/2024
/ Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Insurance Industry ,
Investment Funds ,
Life Insurance ,
Proposed Rules ,
Putative Class Actions ,
Retirement Plan ,
Securities and Exchange Commission (SEC) ,
Securities Traders ,
Whistleblowers
For broker-dealers distributing and selling variable annuities, examinations will test for compliance with Reg BI and FINRA Rule 2330 because both standards apply to variable annuity sales. Firms distributing and selling...more
More than 25 years have elapsed since the SEC adopted Exchange Act Rule 17a-4(f) governing electronic recordkeeping by broker-dealers. In an effort to update the rule to reflect “technology neutral” concepts, the SEC adopted...more
On July 12, 2022, President Biden and President Lopez Obrador issued a joint statement following their historic meeting in Washington, D.C. While much of the discussion at the meeting focused on migration, environment, labor...more
Florida wrapped up its 2022 legislative session on March 14 with one proposed bill that did not make it across the finish but is expected to receive continued attention in the 2023 session. The proposal would establish a new...more
For over a decade, Chinese insurers have supported Belt and Road Initiative (BRI) project development in Latin America, with state-run insurer Sinosure among the first to insure major Chinese infrastructure projects in and...more
Possible Future Risk for U.S. Financial Services Companies -
Global digitalization spurred by rapid advances in digital technology is enabling virtual business operations at a frenetic pace, including by insurance and other...more
Digital art represented by NFTs (non-fungible tokens) made a spectacular arrival in March with the $69.3 million (in Ether) auction sale by Christie’s of a collage by digital artist Beeple. The buyer is founder of an NFT fund...more
The economic impact of COVID-19 has been almost universal, yet some economies appear to be recovering more quickly than others. Comparing some of the major components of select stimulus programs in Germany, Singapore, and the...more
Virginia’s Consumer Data Protection Act (CDPA) was signed into law by Gov. Ralph Northam on March 2, 2021. While the CDPA will not take effect until January 1, 2023, businesses should start integrating their distinct...more
Emboldened by new laws, tax authorities worldwide are ramping up efforts to require tax advisors and taxpayers to provide enhanced information regarding tax schemes. Armed with additional disclosures, authorities are becoming...more
Lured by the prospect of exploring attractive markets, Latin American insurtech companies are leveraging new digital tools to optimize and modernize many aspects of insurance. These include new distribution channels and...more
Insurtech companies continue to expand their reach into the Latin America market, particularly in Brazil, Mexico, and Peru. Insurtech, defined as the combination of insurance and technology, develops and leverages new digital...more