The Tribunal confirmed that States party to UNCLOS must take measures to prevent marine pollution caused by climate change, on top of their obligations under the Paris Agreement.
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Agencies Issue Joint Proposal to Curb Incentive-Based Compensation in the Financial Services Industry
The proposal seeks to make executive compensation arrangements more sensitive to risk and would require complex risk management programs to ensure compliance.
By Arthur S. Long, Pia Naib, and Deric Behar
On May 6, 2024, the Federal Deposit…
US House of Representatives Passes Financial Innovation and Technology for the 21st Century Act
FIT21 would provide regulatory certainty for the US digital asset ecosystem, balancing support for innovation with consumer protection.
By Yvette D. Valdez, Stephen P. Wink, Adam Fovent, and Deric Behar
On May 22, 2024, the US House…
Riding the Wave: US Privacy Laws Continue to Proliferate in 2024
Businesses need to be proactive in updating their compliance measures to meet the ever-evolving set of privacy laws and regulatory expectations in 2024 and beyond.
By Michael H. Rubin, Robert W. Brown, Max G. Mazzelli, Jennifer Howes…
ESMA Finalises Guidelines on Fund Names
Guidelines indicate when asset managers may legitimately use ESG or sustainability-related terms in their fund names.
By Nicola Higgs, Laura Ferrell, and Charlotte Collins
On 14 May 2024, ESMA published its final Guidelines on funds’ names using ESG-…
FCA Decision Offers More Regulatory Clarity for Professional Crypto Investors
Professional investors will benefit from increased exposure to cryptoassets via traditional financial instruments, though retail investors’ exposure remains limited.
By Stuart Davis, Gabriel Lakeman, and Ivan Pizeta
In the fast-paced world of cryptocurrency, regulatory clarity is essential for…
FCA Decision Offers More Regulatory Clarity for Professional Crypto Investors
Professional investors will benefit from increased exposure to cryptoassets via traditional financial instruments, though retail investors’ exposure remains limited.
By Stuart Davis, Gabriel Lakeman, and Ivan Pizeta*
In the fast-paced world of cryptocurrency, regulatory clarity is essential…
FRB Issues Report on Climate Scenario Analysis Pilot
With regulators keeping close watch, the results underscore the need for ongoing climate risk management investment and adaptation within the financial sector.
By Betty M. Huber, Arthur S. Long, Pia Naib, and Deric Behar
On May 9,…
US Senators Introduce Comprehensive Stablecoin Bill
The bipartisan bill seeks to foster innovation and promote US dollar dominance while protecting consumers and mitigating illicit finance risks.
By Jenny Cieplak, Arthur Long, Yvette D. Valdez, Stephen P. Wink, Adam Fovent, and Deric…
Former Aide to Madagascan President Sentenced for Soliciting Bribes From UK-Based Company
The sentencing of Romy Andrianarisoa, the first ever foreign public official to be convicted under the Bribery Act 2010, provides important takeaways.
By Pamela Reddy, Robin Spedding, and Matthew Unsworth
On 10 May 2024, Romy Andrianarisoa was sentenced…