On May 5, 2021, the European Commission published its proposal for a regulation on foreign subsidies distorting the internal market.
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.
ESAs’ Opinion to the European Commission on the Jurisdictional Scope of Application of the EU Securitisation Regulation
The European Supervisory Authorities (the “ESAs”) have published an opinion on 25 March 2021 entitled “ESAs’ Opinion to the European Commission on the Jurisdictional Scope of Application of the Securitisation Regulation”.
On April 5, the US Financial Crimes Enforcement Network (“FinCEN”) published an Advance Notice of Proposed Rulemaking (“ANPR”) to implement the Corporate Transparency Act (“CTA”), which was enacted into law as part of the National Defense Authorization Act (“NDAA”) on January 1, 2021.
New COAF Anti-Money Laundering and Terrorism Financing Resolution No. 36/2021 Comes into Force on June 1, 2021
Resolution No. 36/2021 (“Resolution”), which was published in March 2021 and will come into force on June 1, 2021, regulates the adoption of policies, procedures and internal controls to prevent money laundering, terrorist financing and the financing of weapons of mass destruction (“AML/CFT/WMD Policy”).
On March 24, 2021, Brazil’s Ministry of Infrastructure published its Ordinance 51/2021 (“Ordinance 51”), which regulates the commercial exploitation of idle areas and facilities in organized ports.
As the UK continues to adapt to life post-Brexit, the next important date from an immigration standpoint is 30 June 2021.
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.
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.
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.
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.
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.
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.
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.
Quick Insights on Congressional Investigations, a video interview series hosted by Mayer Brown partners Michael Levy and Andrew Olmem, who will unpack the nuanced complexities underlying congressional investigations and provide guidance on how companies can manage and minimize the impacts.
The US federal election could have sweeping regulatory and legislative impacts across virtually every major sector of the economy. To help understand how government policy might change over the next four years and what that means for domestic and global businesses, we invite you to join the first of our post-election programs.
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.