On September 9, 2024, the US Department of Commerce’s (“Commerce”) Bureau of Industry and Security (BIS) released notice of a proposed rule to create a mandatory reporting requirement for artificial intelligence (AI) developers…
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/ Administrative Law, International Law & Trade, Science, Computers, & Technology
The Securities and Exchange Commission recently announced that it will host a compliance outreach program on November 7, 2024 (see the program’s agenda) on Advisers Act and Investment Company Act related topics. The agenda…
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/ Business Organizations, Finance & Banking, Securities Law
The recent case of Yang Zhizhong v. Nomura International (Hong Kong) Limited helpfully clarifies the applicability of Implied Term of Trust and Confidence, the Braganza duty and the Anti-avoidance Term in the context of contract…
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/ Commercial Law & Contracts, Labor & Employment Law
On September 6, 2024, the US Department of Commerce’s Bureau of Industry and Security (BIS) published an interim final rule (IFR) issuing new export controls on quantum computing, semiconductor, and other advanced technology,…
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/ Administrative Law, International Law & Trade, Science, Computers, & Technology
On September 17, 2024, the Securities and Exchange Commission announced cease-and-desist proceedings against eleven institutional investment managers for failure to file reports required by the Securities Exchange Act of…
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/ Administrative Law, Finance & Banking, Securities Law
The Securities and Exchange Commission’s accelerated Schedule 13G filing deadlines become effective September 30, 2024. On October 10, 2023, the SEC adopted changes to Schedules 13D and 13G relating to beneficial ownership…
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/ Business Organizations, Finance & Banking, Securities Law
The Securities and Exchange Commission let pass the deadline to seek a review of the decision by the US Court of Appeals for the Fifth Circuit (the “Fifth Circuit”) to vacate the SEC’s final rule relating to private fund…
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/ Administrative Law, Finance & Banking, Securities Law
On 12 September 2024, the UK Government published the regulatory framework providing the scope and powers of the Office of Trade Sanctions Implementation (OTSI), the authority responsible for the implementation and enforcement…
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/ Administrative Law, Business Organizations, Finance & Banking, International Law & Trade
During the American Bar Association’s Business Law Section Fall Meeting, the International Securities Matter Subcommittee of the Federal Regulation of Securities Committee discussed recent market trends affecting foreign private…
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/ Business Organizations, Finance & Banking, International Law & Trade, Securities Law
On 10 September 2024, the UK Government published its third Annual Report on the operation of the National Security and Investment Act 2021 (NSIA). Covering the period from 1 April 2023 to 31 March 2024, the report gives a…
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/ Finance & Banking, International Law & Trade, Mergers & Acquisitions
O Senado aprovou a criação do programa “Desenrola Agências Reguladoras”, que cria a possibilidade de renegociação de multas aplicadas pelas agências reguladoras federais a pessoas físicas ou jurídicas. O substitutivo ao Projeto…
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/ Administrative Law, Civil Procedure, Taxation
Missouri has enacted the nation’s ninth state commercial finance disclosure law, regulating the providers and brokers of certain commercial financing transactions. Signed by Governor Mike Parson on July 11, 2024, Missouri Senate…
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/ Commercial Law & Contracts, Consumer Protection, Finance & Banking
On August 2, 2024, New Hampshire enacted legislation that significantly revises its Motor Vehicle Retail Installment Sales Act (the “Act”), effective July 1, 2024. Unfortunately, that effective date is not a typographical…
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/ Commercial Law & Contracts, Consumer Protection, Finance & Banking
Russia's invasion of Ukraine in 2022 has changed the legal landscape for commercial parties contracting with Russian counterparts in multiple ways. This Legal Insight considers how commercial parties have sought the assistance…
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/ Alternative Dispute Resolution (ADR), Commercial Law & Contracts, International Law & Trade
Sharing personal data is necessary for most organisations, but it also entails certain data protection risks. Controllers who share personal data with others must, among other obligations, ensure that they comply with the…
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/ Privacy