SPOTLIGHT
REGULATION
READ
US FTC/DOJ Launch Process to Potentially Rewrite Merger Guidelines
The Federal Trade Commission (FTC) and the Department of Justice’s (DOJ) Antitrust Division announced this Tuesday, January 18, 2022, that they are seeking public comment on revising their merger guidelines.
The Rising Standards of AML/CFT Compliance in Hong Kong
Hong Kong lawyers Susanne Harris, Wei Na Sim, Alan Linning and Charlene Wong discuss key developments in the AML/CFT space in Hong Kong in 2021 in this bylined article.
An Insider’s View: Can the Minority Effectively Conduct Oversight Investigations? (with Special Guest Jessica Donlon)
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.
Hong Kong SFC Unveils Consultation Conclusions on AML/CFT Guideline for Licensed Corporations
A virtual discussion on the regulatory aspects of the EO, its potential policy outcomes, and practical impacts on affected businesses. On July 9, 2021, President Joe Biden issued a far-reaching executive order (EO) on Promoting Competition in the American Economy that establishes a “whole-of-government effort” aimed at reducing corporate consolidation. The EO calls for federal agencies to undertake 72 separate initiatives across a range of industry sectors, including financial services, technology, transportation and communication services.
US Customs Revises Guidance on De Minimis Content Under Its Forced Labor Regulation
A virtual discussion on the regulatory aspects of the EO, its potential policy outcomes, and practical impacts on affected businesses. On July 9, 2021, President Joe Biden issued a far-reaching executive order (EO) on Promoting Competition in the American Economy that establishes a “whole-of-government effort” aimed at reducing corporate consolidation. The EO calls for federal agencies to undertake 72 separate initiatives across a range of industry sectors, including financial services, technology, transportation and communication services.
European Commission Unveils Proposal to Tackle Foreign Subsidies Distorting Internal Market
On May 5, 2021, the European Commission published its proposal for a regulation on foreign subsidies distorting the internal market.
Updated Regulations on Foreign Direct Investment in Germany – Focus on High-Tech Sectors
The revised rules of the Foreign Trade and Payments Ordinance (Außenwirtschaftsverordnung or AWV) further extend the competences of the Federal Ministry for Economic Affairs and Energy, which is the governmental body responsible for FDI control.
Pensions Regulator issues draft policy on its approach to the new criminal offences under the Pension Schemes Act 2021
The Pension Schemes Act 2021 (the “Act”) introduces new criminal offences relating to UK defined benefit pension schemes which can be committed by any person whose intentional or reckless conduct puts members’ savings at risk.
TAKE PART
Antitrust Evolution: Big Changes in Global Antitrust Law and its Potential Impact on Financial Institutions
Please join us for the second webinar in our Banking & Financial Services Litigation series. This session will focus on recent changes in antitrust regulation/enforcement in the US, Brazil, Europe and the UK that may impact financial institutions.
Key Cum-Ex Issues: An Update on Significant Developments
The session will outline recent developments, an update on new tax and other investigations, and follow-on litigation. It will explain why you should prepare for this second wave of activity and will provide practical guidance on investigating a cum-ex exposure.
Merging with a SPAC & Preparing for Life as a Public Company
Join PwC and Mayer Brown as we discuss the main elements of the public company preparedness process and how these might be coordinated or timed in conjunction with a de-SPAC process.
Special Purpose Acquisition Companies Under SEC Scrutiny: Mitigating Potential Liability for Offering Participants
Please join us for the third webinar in our Banking & Financial Services Litigation webinar series.
WATCH
Global Banks on Trial US Prosecutions and the Remaking of International Finance
A conversation with Professor Pierre-Hugues Verdier of the University of Virginia School of Law, and author of the book, Global Banks on Trial: US Prosecutions and the Remaking of International Finance.
The Department of Justice (DOJ) announced significant changes to its corporate enforcement policies
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.
Joint vs. Parallel Investigations
At the Crossroads: CFTC and DOJ Enforcement is a video weekly series hosted by Mayer Brown partners Matt Kluchenek and Glen Kopp. In this episode, Matt and Glen discuss a recent decision and explore the differences between “joint” vs. “parallel” investigations and the implications for defendants and their employers, as well as for the agencies.
Insider Trading in the Commodities/Derivatives Markets
Welcome to At the Crossroads: CFTC and DOJ Enforcement, a new video weekly series hosted by Mayer Brown partners Matt Kluchenek and Glen Kopp. Insider trading is the focus of episode one.
Implications of the UK National Security and Investment Bill for the Oil & Gas Sector
In November we wrote about the UK’s National Security and Investment Bill, which promises to give rise to the most significant changes to the treatment of mergers and acquisitions in the UK for many years. In January, we discussed the Bill at more length at the Mayer Brown Oil & Gas Lawyers’ Forum and considered the ways in which this may impact all parties involved in M&A in the Oil & Gas sector. A recording of our presentation is available below.
Ten Questions That the SEC Commissioners’ Internal “Accounting” Controls Dissent Raises for Global Companies
Mayer Brown LLP proudly announces the launch of our latest IBOR transition resource: an IBOR Transition Readiness Survey (“The Survey”), jointly developed and presented by Mayer Brown and Morae to help organizations address the complex and imminent issue of IBOR transition.
The Future UK/EU Relationship: Key Issues for Businesses
With only a few weeks to go until the end of the Brexit transition period, you are invited to join us for a live, case study-based webinar outlining key implications of the end of the transitional regime for companies doing business in, or with parties in, the United Kingdom from 1 January 2021.
New UK law toughens stance on foreign investment
David Harrison comments on the UK National Security and Investment Bill.
LISTEN
What Changed? Understanding the FDIC’s Revisions to the Brokered Deposits Restrictions
Anna Pinedo, Jeff Taft and Matt Bisanz from Mayer Brown discuss how the revisions affect banks and deposit brokers and what the industry needs to know in advance of the January 1, 2022, compliance date.
