United States

On 3 July 2024, the Basel Committee on Banking Supervision (Basel Committee) issued a press release following its meeting on 2 and 3 July 2024.

At this meeting, the Basel Committee:

  • Approved a finalised disclosure framework for banks’ cryptoasset exposures which includes a standardised set of public tables and templates. The framework will

On 2 July 2024, the Network for Greening the Financial System (NGFS) published two complementary reports on nature-related risks:

This report covers key emerging trends related to nature-related litigation, including cases concerning biodiversity loss, deforestation, ocean degradation, carbon sinks and plastic pollution

On June 27, 2024, the Supreme Court issued a decision holding that the Securities and Exchange Commission’s (SEC) practice of seeking civil monetary penalties in securities fraud cases filed in its administrative forum violates the Seventh Amendment of the Constitution. SEC v. Jarkesy, No. 22–859 (June 27, 2024). The Supreme Court’s reasoning could

The US Supreme Court’s ruling on the Chevron doctrine in Loper Bright Enterprises v. Raimondo (Loper), will profoundly impact multiple industries regulated by federal agencies, including the healthcare and securities industries. Federal agencies have grown accustomed to being the ultimate arbiter of ambiguous language in their applicable laws, rules and regulations. Those days are over

On June 26, 2024, the Supreme Court of the United States (SCOTUS) held in Snyder v. United States that 18 U.S.C. § 666 does not apply to gratuities — even those that raise eyebrows and ethical concerns. The federal statute prohibits public officials, including most state and local officials, from “corruptly” soliciting, accepting

Following on from our previous Regulation Around the World issue on buy now pay later (BNPL), we have published this short briefing note which provides a high-level snapshot of the state of play for BNPL legislation in three key markets – UK, US and Australia.

On 19 June 2024, the Network for Greening the Financial System (NFGS) issued the second edition of its guide on climate-related disclosure for central banks.

The main objective of the guide is to offer practical support and inspiration to central banks that are taking their first steps in climate-related disclosure. It also

In the first episode of the Global Investigations Podcast Series, Andrew Reeves (Partner, Investigations, Enforcement and Compliance team, London) is joined by Ruth Cowley (Head of Disputes and Investigations, London), Keith Rosen (Head of Risk Advisory, US) and Sharon Oded (Head of Investigations, Amsterdam) to discuss the early stages of an investigation; best practice in

Introduction 

Whistleblowing is on the rise – both within organisations and to authorities. An increase in whistleblowing is positive: it shows employees feel able to speak up, allows issues to be escalated, investigated and where necessary remediated. However, the increase in whistleblowing also presents challenges for companies to ensure that they are dealing effectively and

On 14 June 2024, the Financial Stability Board (FSB) issued a press release following its Plenary in Toronto.

Key points in the press release include:

  • The Plenary discussed the progress made on the key international work following up on the March 2023 turmoil. Members look forward to the completion of this work and