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Holland & Knight LLP

Major Export Controls Revisions and the AUKUS Trilateral Security Partnership

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The U.S. Department of Commerce and U.S. Department of State have been continuously easing restrictions on export-controlled trade between the United States, United Kingdom and Australia to foster technological innovation...more

Goodwin

Paying for Buy-Side Investment Research: New Rules Ease the US-UK Divide

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In our previous alert, Paying for Buy-Side Investment Research: Will the FCA’s Third Way Ease the US-UK Divide?, we discussed the consultation issued by the Financial Conduct Authority (FCA) on proposed rules on payment...more

Latham & Watkins LLP

FCA Finalises Changes to Rules on Investment Research

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Despite some adjustments to the proposed guardrails, the FCA has largely retained its original approach. On 26 July 2024, the FCA published its final rules on payment optionality for investment research (PS24/9)....more

Latham & Watkins LLP

FMLC Proposes New Rule on Governing Law for Digital Assets

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Proposed rule would be implemented by statute and would give primacy to parties’ choice of governing law and jurisdiction. There is at least a tentative consensus in English law that cryptocurrencies and other digital...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - June 2024 - Australia and United Kingdom License Exemptions on the Way!

Canada has long enjoyed International Traffic in Arms Regulations (ITAR) license exemptions and minimal controls for items subject to the Export Administration Regulations (EAR). What about some of our other friends, such as...more

Akin Gump Strauss Hauer & Feld LLP

DDTC Proposes ITAR Changes for Australia and the United Kingdom

On May 1, 2024, the State Department’s Directorate of Defense Trade Controls (DDTC) published a proposed rule to amend the International Traffic in Arms Regulations (ITAR) to reduce export authorization requirements for...more

Pillsbury - Global Trade & Sanctions Law

State Department Proposes Exempting Australia, UK from Certain Defense Related Export Controls

On April 30, 2024, the Department of State proposed an amendment to the International Traffic in Arms Regulations (ITAR) intended to facilitate exports of defense articles, the performance of defense services, and brokering...more

K&L Gates LLP

State Department Aims to Streamline Export Controls for Future Collaboration Among the United States, United Kingdom, and...

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On 1 May 2024, the US State Department’s Directorate of Defense Trade Controls (DDTC) issued a proposed rule to amend the International Traffic in Arms Regulations (ITAR) to support the goals of the trilateral security...more

Wiley Rein LLP

DDTC and BIS Ease Export Controls for Australia and the United Kingdom - UPDATED May 10, 2024

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*This alert was originally published on May 3, 2024 and updated on May 8, 2024 based on a correction published by BIS that day. The U.S. Department of State’s Directorate of Defense Trade Controls (DDTC) issued a proposed...more

Wiley Rein LLP

DDTC and BIS Ease Export Controls for Australia and the United Kingdom

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The U.S. Department of State’s Directorate of Defense Trade Controls (DDTC) issued a proposed rule that would add a new license exemption in the International Traffic in Arms Regulations (ITAR) to reduce the licensing...more

Goodwin

Paying for Buy-Side Investment Research: Will the FCA’s Third Way Ease the US-UK Divide?

Goodwin on

On 10 April 2024, the Financial Conduct Authority (FCA) published a Consultation Paper on payment optionality for investment research (CP24/7). CP24/7 followed the UK Investment Research Review, in which recommendations were...more

Dechert LLP

Dechert Cyber Bits - Issue 53

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April 2024 On April 4, 2024, the U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (“CISA”) published a 447-page Notice of Proposed Rulemaking (“Proposed Rules”) in accordance with the...more

Proskauer - The Capital Commitment

A Tale of Two Regulators: The SEC and FCA Address AI Regulation for Private Funds

2023’s excitement for generative artificial intelligence (AI) prompted the SEC to respond on multiple fronts – stump speeches, rulemaking, new exam priorities and sweeps and previewing potential enforcement actions. SEC Chair...more

Goodwin

A Look Ahead in Life Sciences: What We Are Tracking in Q2 2024 and Beyond

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As the life sciences, medtech, and diagnostic industries continue to expand and grow increasingly complex, so does the legal, regulatory, and compliance landscape. To help companies and investors navigate the many evolving...more

Proskauer - The Capital Commitment

ESG in 2024: Traps for the Unwary

ESG continues to be a hot topic for 2024 for investors and regulators alike. The specific concerns investors and regulators have – and what they expect to develop over the coming months – differ, however, across...more

Jones Day

The Climate Report | First Quarter 2024

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The U.S. Securities and Exchange Commission has adopted much anticipated climate-related disclosure rules....more

BCLP

CMA Hits Accelerator on Enforcement of UK Labour Markets

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Whilst not traditionally a focus of the Competition and Markets Authority (“CMA”), the UK’s labour markets now form one of the CMA’s strategic priorities, as outlined in its 2023 to 2024 Annual Plan....more

Skadden, Arps, Slate, Meagher & Flom LLP

Basel 3.1 Implementation in the UK: An Update on PRA Reforms

On 12 December 2023, the UK Prudential Regulation Authority (PRA) published the first of two near-final policy statements on the implementation of revisions to the Basel 3 standards, known in the U.K. as Basel 3.1. This...more

Mitratech Holdings, Inc

‘Tis the season for better cyber hygiene: navigating IT risk management in 2024

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Prepare your organization to stay one step ahead in the ongoing battle against cyber and IT risk management. As organizations increasingly leverage third-party services and cloud technologies, cybercriminals are becoming...more

A&O Shearman

UK Financial Conduct Authority proposes new rules and guidance on non-financial misconduct

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The UK Financial Conduct Authority's consultation on diversity and inclusion (D&I) in financial services proposes new rules and guidance on identifying and taking action in relation to non-financial misconduct such as...more

Akin Gump Strauss Hauer & Feld LLP

FCA and PRA Publish Consultation on New Rules relating to Non-Financial Misconduct

Key Points - Following a joint Discussion Paper in 2021 issued by the FCA and the PRA, both regulators have now issued Consultation Papers proposing new rules and guidance in relation to diversity and inclusion in the...more

Latham & Watkins LLP

Restrictive Covenant Crackdown Poses New Challenges for M&A Deal Teams

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Corporates and deal teams should pay careful attention to drafting non-competes and other restrictive arrangements as UK, EU, and US regulators step up enforcement. Regulators on both sides of the Atlantic are placing...more

Proskauer Rose LLP

Regulation Round Up - Insights - August 2023

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Welcome to the UK Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

Latham & Watkins LLP

Putting It All Together: A Brief Guide to the UK’s New Securitisation Framework

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The new securitisation framework will combine three sets of overlapping rules, in an effort to repeal and replace retained EU law in the UK. The missing piece of the puzzle to the UK’s new securitisation framework became...more

Katten Muchin Rosenman LLP

Non-Competes: Movement on both sides of the Atlantic

Non-compete provisions are receiving a lukewarm reception by the authorities on both sides of the Atlantic at the moment. With plans to make changes in the UK being actively discussed, and at a federal level in the United...more

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