On December 9, 2021, Finance partner Paul Forrester (Chicago) will speak on, and FSRE associate Matt Bisanz will moderate, an ABA webinar on the transition from LIBOR to alternative benchmark interest reference rates.
Month: November 2021
Evaluating, and comparing, the ESG credentials of different investment products presents significant difficulties. In a welcome development in the move towards addressing these issues,the CFA Institute, a global association of investment professionals, published its first voluntary Global ESG Disclosure Standards for Investment Products (the “Standards”).
On November 18, 2021, the Board of Governors of the Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation finalized new cyber incident notification requirements for institutions that they regulate and their service providers. The Notification Rule expands and clarifies existing notification obligations of financial institutions, which are primarily focused on consumer protection and suspicious activity reporting.
The Department of Justice policy changes coincide with their public statements regarding increased investigative and prosecutorial focus on efforts to combat corporate crimes. In this week’s episode, Mayer Brown partners Matt Kluchenek and Glen Kopp provide background on and highlight the elements of the policy changes.
We are increasingly seeing a deal model that we call a “Cloud+ Strategic Partnership.” In that model, a cloud provider agrees to provide discounts to and collaborate with a company in the development of new software that will run on the provider’s cloud infrastructure or cloud platform. This article contains some initial considerations.
Many UK companies will soon be mandated to make TCFD-aligned disclosures. This follows the Financial Conduct Authority’s (FCA) introduction of the Listing Rules (Disclosure of Climate-Related Financial Information) Instrument in December 2020, which requires companies with a UK premium listing to disclose on a comply-or-explain basis against the Task Force on Climate-related Financial Disclosures (TCFD) recommendations in their annual reports.
Quick Insights on Congressional Investigations is a series hosted by Mayer Brown partners Michael Levy and Andrew Olmem, who unpack the nuanced complexities underlying congressional investigations and provide guidance on how companies can manage and minimize the impacts. Each episode is short and tackles one question relating to congressional investigations.
On October 26, just a week before the Glasgow Climate Change Conference (COP26), 70 NGOs led by Observatório do Clima filed a public civil action claiming that the current Brazilian National Policy on Climate Change, set forth by Law no. 12,187/2009, is inadequate and unable to provide a response to the current climate crisis.