News & Analysis as of

Guidance Update

Cooley LLP

First Mover Advantage: The UK CMA’s Updated Cartel Leniency Guidance

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On 28 October 2025, the UK Competition and Markets Authority (CMA) published its updated leniency guidance, incorporating refinements to reflect more than a decade of the agency’s cartel enforcement experience. The updated...more

Cooley LLP

ICO Updates Guidance on Encryption

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What happened? The UK Information Commissioner’s Office (ICO) has released updated guidance on encryption following a recent consultation....more

Tonkon Torp LLP

USCIS Provides Clarification on H-1B $100,000 Fee

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On October 20, 2025, USCIS provided further information on the Proclamation restricting entry of H-1B workers that became effective September 21, 2025 at 12:01 AM Eastern Time (“effective date”). In short, H-1B petitions...more

Dorsey & Whitney LLP

China Raises Evidentiary Threshold for Filing Non-Use Trademark Cancellations

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In May 2025, the China National Intellectual Property Administration (CNIPA) released updated Guidelines on applications for three-year non-use cancellation actions against registered trademarks (Updated Guidelines). A key...more

Dorsey & Whitney LLP

USCIS Issues Updated Guidance on the Scope of the New $100,000 H-1B Fee

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On October 20, 2025, U.S. Citizenship and Immigration Services (USCIS) issued updated guidance further clarifying which H-1B petitions are subject to the $100,000 fee imposed by President Trump’s September 19, 2025...more

Baker Botts L.L.P.

CMA Launches Consultation on Updated Merger Remedies Guidance

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On 16 October 2025, the Competition and Markets Authority (“CMA”) launched a four-week consultation on revisions to its merger remedies guidance. The proposed changes include clarifications regarding when behavioural remedies...more

McGuireWoods LLP

SEC Guidance Update: How to Launch an IPO During the Government Shutdown

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On Oct. 9, 2025, the staff of the SEC’s Division of Corporation Finance (Staff) updated its government shutdown guidance. The updated guidance provides a way for companies to commence an initial public offering during the...more

Goodwin

SEC Division of Corporation Finance Updates Guidance Related to Removal of Delaying Amendment

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The SEC Division of Corporation Finance has updated its October 1, 2025 guidance regarding actions in advance of a potential government shutdown, with the revised version dated October 9, 2025. ...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Transportation/Hazardous Materials: Pipeline and Hazardous Materials Safety Administration Interpretive Letter Addressing Shipping...

The United States Pipeline and Hazardous Materials Safety Administration (“PHMSA”) transmitted a September 30th Interpretive Letter clarifying the Hazardous Materials Regulations (“HMR”) applicable to the preparation of...more

Blake, Cassels & Graydon LLP

OSFI Releases Final Guideline E-23 for Model Risk Management and AI Use by Federally Regulated Finan

On September 11, 2025, as part of its quarterly release of regulatory changes, the Office of the Superintendent of Financial Institutions Canada (OSFI) published its final version of Guideline E-23 Model Risk Management 2027 ...more

Husch Blackwell LLP

FDIC Removes Disparate Impact Theory from Compliance Exam Manual

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Before the Labor Day holiday weekend, the Federal Deposit Insurance Corporation (FDIC) updated the fair lending and unfair, deceptive act or practices (UDAP) chapters of its Consumer Compliance Examination Manual to remove...more

Troutman Pepper Locke

Regulatory Rollback: Impact of the CFPB's Withdrawal of Overdraft and Deposit Account Fee Guidance on Financial Institutions and...

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In this episode of The Consumer Finance Podcast, Chris Willis, Heryka Knoespel, and Lori Sommerfield discuss overdraft and deposit account fees as they continue to dive into the CFPB's guidance withdrawal. They highlight the...more

WilmerHale

Primates and Processors: Authorship of Non-Human Authors from Monkey Selfies to Generative AI

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Many of us remember the case of Naruto, a crested macaque who, perhaps accidentally, took a selfie using a camera placed in the field by a wildlife photographer. If we were interested in copyright law, this case naturally...more

Parker Poe Adams & Bernstein LLP

OSHA Changes Penalty and Collection Policies

Last month, the federal Occupational Safety and Health Administration issued updated guidance on penalty and debt collection procedures. According to OSHA, the policy revisions are intended to assist small businesses with...more

Bergeson & Campbell, P.C.

EPA Relaunches Comprehensive Guidance Document Website

On August 13, 2025, the U.S. Environmental Protection Agency (EPA) announced the relaunch of EPA’s Guidance Portal, “a streamlined website for accessing important guidance documents related to air quality, water protection,...more

Skadden, Arps, Slate, Meagher & Flom LLP

NIS2 Update: EU Cyber Authority Sets Out Compliance Expectations, but Implementation Is a Work in Progress

- What is new: On 26 June 2025, the EU Agency for Cybersecurity (ENISA) published guidance documents setting out security measures that regulated organisations should have in place to comply with the EU’s critical...more

A&O Shearman

ECB finalises revisions to guide on options and discretions under EU banking law

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The European Central Bank (ECB) has published an updated guide outlining its supervisory stance on the exercise of options and discretions provided for under the Capital Requirements Regulation (CRR) and the Capital...more

Butler Snow LLP

FCPA Compliance Post-February 2025: No Time to Relax

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Less than one month following President Donald Trump’s January 20, 2025 inauguration, on February 10, 2025, the White House issued an order pausing FCPA enforcement actions (e.g., new investigations and ongoing enforcement...more

A&O Shearman

ESMA revises cloud outsourcing guidelines to align with DORA

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The European Securities and Markets Authority (ESMA) has published its final report, updating the 2021 guidelines on outsourcing to cloud service providers in line with the Digital Operational Resilience Act (DORA). The 2021...more

A&O Shearman

UK regulators publish joint final policy on Loan to Income flow limit in mortgage lending

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The UK Prudential Regulation Authority (PRA) and the UK Financial Conduct Authority (FCA) have published joint final policy statement 11/25, finalising amendments to the PRA Rulebook and FCA Guidance (FG25/4) on the de...more

A&O Shearman

FCA finalised guidance on the treatment of PEPs

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The UK Financial Conduct Authority (FCA) has published finalised guidance on the treatment of Politically Exposed Persons (PEPs) under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer)...more

Katten Muchin Rosenman LLP

Key Changes for UK Trade Mark Applicants: UKIPO's Updated Guidance Post-SkyKick

The UK Intellectual Property Office (UKIPO) has issued updated statutory guidance for UK trade mark applicants following the seminal UK Supreme Court decision in Sky v SkyKick1 (the SkyKick Decision). This guidance, detailed...more

Keating Muething & Klekamp PLL

Securities Snapshot: 2nd Quarter 2025

AI Claims, Executive Pay, and a New SEC Playbook - While summer temperatures continue to sizzle, things cooled considerably at the SEC in the second quarter of 2025. In this Snapshot, we examine Chairman Paul Atkins’...more

Latham & Watkins LLP

FCA Sets Out Next Steps on Its Approach to Non-Financial Misconduct

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On 2 July 2025, the FCA published its long-awaited proposed next steps on addressing non-financial misconduct (NFM) in financial services. In a joint Consultation Paper and Policy Statement (CP25/18), the regulator is...more

Latham & Watkins LLP

Recent Developments for UK PLCs - July 2025

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On 5 June 2025, the GC100 and Investor Group published an updated version of their Directors’ Remuneration Reporting Guidance. This revision reflects evolving best practices and incorporates changes introduced by the...more

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