The European Banking Authority (EBA) has published two consultation papers under the Capital Requirements Regulation (CRR), as amended by the revised Capital Requirements Regulation (CRR III).
The first consultation paper…
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/ Finance & Banking, International Law & Trade
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.
Pension Schemes Bill call for evidence -
The House of Commons…
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/ Finance & Banking, International Law & Trade, Labor & Employment Law
On June 24, 2025, the United States District Court for the District of Columbia granted defendant rail companies’ motion for summary judgment on a Sherman Act Section 1 claim. In a lengthy and sweeping multi-district litigation…
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/ Antitrust & Trade Regulation, Civil Procedure, Transportation
As we move into the second half of 2025, several important developments are emerging that HR, legal and compliance teams should have on their radar.
Employment Rights Bill: strategic planning starts now -
The Employment Rights…
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/ International Law & Trade, Labor & Employment Law
Commission Delegated Regulation (EU) 2025/532 has been published in the Official Journal of the European Union. The Delegated Regulation supplements the Digital Operational Resilience Act (DORA) with regard to regulatory…
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/ Commercial Law & Contracts, Finance & Banking, International Law & Trade, Science, Computers, & Technology
On June 30, 2025, the U.S. Court of Appeals for the Federal Circuit vacated a decision by the U.S. Patent Trial and Appeal Board (the “Board”) and remanded the case for further proceedings using a narrower construction of the…
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/ Intellectual Property
With major legal battles unfolding in both the UK (Getty v. Stability AI) and the U.S. (including Kramer v. Meta, The New York Times v. OpenAI, and Bartz v. Anthropic), the outcomes are set to reshape the entire AI landscape…
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/ Commercial Law & Contracts, Intellectual Property, Science, Computers, & Technology
On July 9, 2025, Judge P. Casey Pitts of the United States District Court for the Northern District of California largely declined to dismiss a putative securities class action asserting claims under the Securities Exchange Act…
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/ Civil Procedure, Securities Law
The European Securities and Markets Authority (ESMA) has published a press release sharing its view that the pre-trade controls that investment firms have implemented warrant further convergence. The EU Markets in Financial…
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/ International Law & Trade, Securities Law
The UK Financial Conduct Authority (FCA) has issued final policy statement PS25/8, accompanied by an updated webpage, confirming the regulatory fees and levies for the financial year 2025/26. This follows the FCA's April…
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/ Administrative Law, Finance & Banking, International Law & Trade
The Single Resolution Board (SRB) has published updated operational guidance, accompanied by a press release, on the solvent wind-down (SWD) of trading books. The guidance is intended to outline the scope and key expectations…
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/ Finance & Banking, International Law & Trade, Securities Law
On July 8, 2025, the Antitrust Division of the U.S. Department of Justice (“DOJ”) announced the launch of a whistleblower rewards program in partnership with the U.S. Postal Service (“USPS” or the “Postal Service”) and the U.S…
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/ Antitrust & Trade Regulation, Commercial Law & Contracts, Criminal Law, Government Contracting, Labor & Employment Law
On June 18, 2025, the Council of the European Union (EU) took a significant step forward in modernising the EU’s payment services framework by formally agreeing on its negotiating mandate for the Payment Services Directive 3…
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/ Commercial Law & Contracts, Consumer Protection, Finance & Banking, International Law & Trade
The European Banking Authority (EBA) has published technical advice to the European Commission, alongside a press release, on a possible Delegated Act concerning fees for the validation of pro forma models under the European…
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/ Finance & Banking, International Law & Trade, Securities Law
On July 4, 2025, President Trump signed into law “An Act to provide for reconciliation pursuant to title II of H. Con. Re. 14” (commonly known as the One Big Beautiful Bill Act (the “Act”)). On July 7, President Trump released…
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/ Administrative Law, Energy & Utilities, International Law & Trade, Taxation
