Daily Compliance News: October 15, 2024 – The Outside Counsel Edition
Innovation in Compliance: Tech Evolution in Real Estate Law: A Conversation with Christy-Ann Jordaan
Kerrville Weekly News Roundup: October 12, 2024
10 For 10: Top Compliance Stories For the Week Ending October 12, 2024
The Ethics Experts: Episode 185 – Tobias Sturesson
Riskology by Infortal: Episode 34 – The Hezbollah Pager Attack & Supply Chain Compliance
Corruption, Crime and Compliance: DOJ Updates Evaluation of Corporate Compliance Programs
Compliance Tip of the Day: Lessons on GTE from John Deere
FCPA Compliance Report: From Inputs to Outputs – Roxanne Petraeus and Susan Divers on Rethinking Compliance
Daily Compliance News: October 14, 2024 – The Do GC’s Face Peril Edition
Adventures in Compliance: Introduction to The Case – Book of Sherlock Holmes
Sunday Book Review: October 13, 2024 The books Featuring Count Dracula Edition
Regulatory Ramblings: Episode 55 – A Former Singapore Regulator Reflects on the World of Virtual Assets with Angela Ang
Compliance Tip of the Day: Reinforce Whistleblower Policies Through Training and Comms
Compliance and AI: Navigating Compliance with AI – Sage Franch and Scott McCleskey on RuleBook AI
Daily Compliance News: October 11, 2024 – The Breaking Up May Be Hard to Do Edition
Navigating the CFPB's Controversial Interpretive Rule on BNPL Products — The Consumer Finance Podcast
Consumer Finance Monitor Podcast Episode: The Regulation of Negative Option Consumer Contracts – Silence as Consent
Business Integrity Innovations: Championing Integrity – Em Ekong on the Future of African Entrepreneurship
Compliance Tip of the Day: Assess and Act on Internal Reports Thoroughly
HM Treasury has published a final draft version of the Payment Services (Amendment) Regulations 2024, enhancing efforts to address authorized push payment fraud. The draft Regulations amend regulation 86 of the Payment...more
On August 28, 2024, the SEC adopted amendments to reporting requirements on Form N-PORT and Form N-CEN and issued guidance on open-end fund liquidity risk management programs. Notably, the SEC declined to adopt the proposed...more
The Payment Systems Regulator has published a policy statement confirming the maximum level of Authorized Push Payment scam reimbursement. The statement follows the PSRs recent announcement confirming its decision to reduce...more
The members of Maynard Nexsen’s Public Company Advisory Practice counsel public companies and companies aiming to become public on the full range of matters shaping their governance and operation in the public markets. As a...more
The United Nations Environment Programme Finance Initiative has published a 2024 progress report produced by the Net-Zero Banking Alliance. Launched in 2021, the NZBA is a bank-led alliance of 144 banks globally voluntarily...more
The Bank of England has published the record of the Financial Policy Committee meeting on September 19, 2024. Headline judgements and policy actions from the meeting: (i) risks to U.K. financial stability are broadly...more
The Single Resolution Board has published a communication on the changes to its minimum requirements for own funds and eligible liabilities policy to be implemented in line with the "Daisy Chains Directive" (Directive (EU)...more
Corporate Venture Capital (CVC) slowed to its lowest share of total VC deals since 2014 in the second quarter of 2024. Only 23.3% of deals that were completed include a CVC investor in Q2. Pitchbook data shows that just over...more
We are increasingly seeing requests for a committed acquisition/capex facility – often referred to as a Delayed Draw Term Loan (DDTL) – to be included as part of the initial capital structure on European syndicated leveraged...more
Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. Abolition of Lifetime Allowance: Further regulations - ...more
I was recently asked whether public companies are required, as a technical matter, to have principal accounting officers (PAOs). While PAOs are not strictly required, companies without PAOs should be aware of the result—that...more
Not to be outdone by Nasdaq, the NYSE is now also proposing to take on the challenge of repeated reverse stock splits. More specifically, the NYSE proposes to limit the circumstances under which a listed company may use a...more
In last year’s Looking Ahead Guide, we had predicted the 2024 deal landscape would improve over 2023 year-end results in terms of number of closed buyout transactions, transaction values, and exits. This seems to be the case,...more
Trustees or managers of an occupational pension scheme with 100 or more members must carry out and document an ORA. The Pensions Regulator (TPR) describes an ORA as an assessment of how well a scheme’s “effective system of...more
Our clients have been asking us whether they should conduct a review of previous deeds of amendment in light of the Court of Appeal decision in the Virgin Media case. This article sets out our views....more
Recently, the U.S. District Court for the District of Massachusetts granted summary judgment in favor of the CFPB and the Massachusetts AG, against defendant credit repair company and its owner. As previously covered by...more
Regulations issued on 7 October 2024 will change (again) the requirements for calculating whether a member may be paid a trivial commutation lump sum (TCLS). The Pensions (Abolition of Lifetime Allowance Charge etc) (No. 3)...more
In granting certiorari in Facebook Inc. v. Amalgamated Bank and Nvidia Corp. v. E. Ohman J:or Fonder AB, the U.S. Supreme Court signaled its intention to provide further guidance concerning application of the heightened...more
On October 8, the FDIC announced an extension of the comment period on its NPR to provide restrictions, update definitions, and provide new exceptions to the FDIC’s safety and soundness rule on brokered deposits (12 CFR...more
The Consumer Financial Protection Bureau (CFPB) has proposed an open banking rule (Proposed Rule) requiring certain financial institutions to allow consumers and approved third-party financial service providers to allow...more
Pull quote: “Every export—every single one—has a related financial transaction” You are a banker. You do bankery things. You look at the ledgers, you tot up the numbers, you manage the accounts. Maybe you make loans,...more
Our investment funds team outline the latest developments within the investment funds market in Bermuda, addressing the recent statistics from Q2 2024 published by the Bermuda Monetary Authority (the "BMA") as well as the...more
On October 10, 2024, multiple U.S. federal and state agencies cumulatively fined a number of US based Toronto Dominion Bank subsidiaries (collectively, TD Bank or the Bank) more than $3 billion after finding that TD Bank...more
In a recent blog, the Pensions Regulator (TPR) has urged schemes to get on with steps to comply with their pension dashboard duties. Its particular concern is that schemes may not be sufficiently prepared to connect with the...more
Recently, the Massachusetts AG settled with a loan servicer (respondent) to resolve allegations that respondent violated Massachusetts foreclosure-prevention law, debt collection regulations, and federal mortgage servicing...more