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WilmerHale

China Finalizes Rules to Ease Data Export Compliance Burden

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On March 22, 2024, the Cyberspace Administration of China (“CAC”) promulgated the final version of the Provisions on the Promotion and Regulation of Cross-Border Data Flows (the “Final Provisions”), bringing to conclusion the...more

Latham & Watkins LLP

European Commission Adopts the European Sustainability Reporting Standards

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The adoption of the standards marks a key milestone for reporting under the CSRD. On 31 July 2023, the European Commission (Commission) adopted the European Sustainability Reporting Standards (ESRS), following a four...more

Latham & Watkins LLP

UK to Regulate Cryptoasset Promotions

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HM Treasury has confirmed that it will bring certain unregulated cryptoassets within scope of the financial promotions regime. On 18 January 2022, the UK government confirmed its intention to bring the promotion of certain...more

BCLP

BCLP Global Data Privacy FAQs: What counts as a “transfer” of data under the EU GDPR? New draft EU Guidelines released

BCLP on

It is well known that the EU GDPR (specifically, Chapter V) restricts transfers of personal data from the EU to a “third country” (i.e. a jurisdiction outside the EEA) or to an international organisation. But what is meant by...more

BCLP

UK launches consultation on international data transfers - a first glimpse of the “UK SCCs”

BCLP on

On 11 August, the UK Information Commissioner’s Office launched a consultation paper on “International transfers under UK GDPR”. The documents released alongside the paper include a draft International Data Transfer Agreement...more

BCLP

Climate-related financial disclosures for large UK corporates: the UK TCFD roadmap in action

BCLP on

The UK government has made another stride in its green finance ambitions – a consultation on mandatory climate-related financial disclosures for UK large corporates. The proposals, based on the Financial Stability Board...more

WilmerHale

UK Financial Conduct Authority Proposes to Exclude the Head of the Legal Function From the Senior Managers Regime

WilmerHale on

On 23 January 2019 the UK Financial Conduct Authority (FCA) published Consultation Paper CP19/4 which, amongst other things, proposes to exclude the Head of the Legal function from the Senior Managers Regime (SMR). The...more

Latham & Watkins LLP

Corporate Criminal Liability: the UK is Now Talking the Talk and Walking the Walk

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The UK’s growing focus on corporate criminal liability was seen in two recent pieces of news. Last Friday the government announced a consultation on extending the reach of corporate criminal liability to additional...more

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