With the fraying of relations between China and the West, Chinese companies are becoming increasingly concerned about their ability to maintain long-term relationships with foreign companies. This heightened concern has manifested itself with an increasing incidence of Chinese companies “grabbing”
International
YSEC is pleased to announce a call for submissions
Open Call // YSEC Yearbook of Socio-Economic Constitutions is pleased to announce a call for submissions for the fourth volume of the Yearbook (2023).
Call for contributions to Part I of YSEC Volume IV (2023) on the theme: “LAW AND THE…
Foreign Agents Registration Act (FARA): Are you working on behalf of a “foreign principal”?
The U.S. Department of Justice (DOJ) on recently filed a civil suit to force Stephen A. Wynn to register under the Foreign Agents Registration Act (FARA) as a foreign agent working for the People’s Republic of China (PRC). The DOJ…
Florida Gov. Signs Bill that Defines ‘Virtual Currency’ and Eases Licensing Restrictions on Certain Virtual Currency Transactions in the State
On May 12, 2022, Gov. Ron DeSantis signed bill CS/HB 273 (the Bill), amending Florida’s money services business (MSB) laws (i.e., Chapter 560 of the Florida Statutes) to, among other things, define “virtual currency” and address transactions involving “virtual currency.”…
US SEC settlement demonstrates the risks to investment advisers of using ESG investment decision-making metrics
The US Securities and Exchange Commission (SEC) has been increasingly vocal about its view that environmental, social and governance (ESG) disclosures can be material to investors. To help combat ESG disclosure violations, the SEC created a Climate and Risk Task…
BIS reviews enforcement strategy in relation to export control and antiboycott laws – what to expect
Assistant Secretary for Export Enforcement, Matthew S. Axelrod, has previewed some of the ways the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) will change its approach to enforcing export control and antiboycott laws. BIS’s proposed changes in…
Latest edition of the Regulatory Initiatives Grid
On 25 May 2022, the Financial Services Regulatory Initiatives Forum (Forum) published an updated version of the Regulatory Initiative Grid which sets out the regulatory pipeline so that financial services firms and other stakeholders can understand, and plan, for the…
What will operational resilience look like going forward? An overview of the supervisory regulatory position
On 25 May 2022, Duncan Mackinnon (Executive Director for Supervisory Risk Specialists) gave a speech at the City and Financial 9th Annual Operational Resilience for Financial Institutions Summit. In his speech Mr Mackinnon discusses where the PRA expects firms to…
ESMA final report on the MiFID II framework on best execution reports by investment firms
On 16 May 2022, the European Securities and Markets Authority (ESMA) published a final report on the review of the MiFID II framework on best execution reports by investment firms. The final report follows a consultation paper that the ESMA…
Global Employment Law – Work from Anywhere: The end of the office? – Transforming Workplace – #16
This is the 16th paper in our Transforming Workplace series. In our previous paper, we discussed how to make ‘work from anywhere’ work better. In this paper we now examine whether the day of the office, as we know it, has…