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SEC

SEC revises its regulations under the Privacy Act

September 22, 2023

The revisions are connected to the principal law governing the handling of personal information in the federal government.

Julie DiMauro1 min read
ESG

The ‘G’ of ESG has become the top priority for investors

September 22, 2023

Many asset managers want regulations to further enhance sustainable investment adoption, but some barriers like lack of data and greenwashing remain.

Martina Lindberg3 min read
ESG

TNFD publishes final recommendations on nature-related issues

September 22, 2023

The TNFD’s framework is designed to help organizations better understand the financial risks and opportunities associated with nature loss.

Jean Hurley3 min read
Regulation

PCAOB proposes to amend rule governing associated person liability

September 21, 2023

Rule 3502 stipulates the liability of associated persons who contribute to a registered public accounting firm’s violations.

Julie DiMauro3 min read

ComplianceMore on Compliance

Enforcement

Guidance on BOI from FinCEN leads roundup of AML news

September 20, 2023

BOI guidance for small businesses, BSA violations at a Puerto Rican bank, and a veteran rep held liable in contentious ruling.

Julie DiMauro4 min read
Enforcement

Another SEC Whistleblower Rule violation over employee-related documents

September 20, 2023

In the second case of its type in two weeks, the SEC has charged CBRE Group for violations of the SEC’s whistleblower protection rule.

Julie DiMauro3 min read
Enforcement

FINRA disciplinary action update #29

September 20, 2023

Disciplinary decisions issued September 8 – 14, 2023.

Thomas Hyrkiel<1 min read
Enforcement

In antitrust trial, Google must answer questions over deleted emails

September 18, 2023

The DOJ’s antitrust case against Google begins, with allegations that company employees deleted instant messages in violation of discovery mandates.

Julie DiMauro4 min read

More on Compliance

DataMore on Data

Privacy

Greater Manchester Police officers’ data hacked in cyber attack

September 15, 2023

A third-party supplier was targeted in a ransomware attack, making the force the fourth in the UK to experience data breach problems recently.

Martina Lindberg1 min read
Privacy

How to prevent data breaches and mitigate human error

September 13, 2023

Lessons from the data breach at the Police Service of NI in which personal information on its 10,000 staff was mistakenly published online.

David Varney | Burges Salmon4 min read
Privacy

Norwegian Data Protection Authority wins against Meta in court

September 8, 2023

The Norwegian authority has put a temporary ban on the social media giant after its illegal behaviour-based marketing.

Martina Lindberg1 min read
Privacy

House of Lords statement signals retreat in Online Safety Bill privacy row

September 7, 2023

Clash with tech companies averted, but worries remain that threat to privacy has not gone away.

Martin Cloake1 min read

ESG

Is the SFDR heading for the scrap heap?

September 21, 2023

European Commission launches SFDR consultation, acknowledging flaws, and considers whether the current regime is still workable.

Lorraine Johnston | Ashurst, Tim Cant | Ashurst5 min read
ESG

Could technology innovations help reverse the climate change trajectory?

September 21, 2023

Not without a lot more money. How financial services organizations can play a lead role in bridging the funding gap.

Dilip Krishna | Deloitte, Margaret Doyle | Deloitte, Samia Hazuria | Deloitte, Duncan Stewart | Deloitte5 min read
ESG

ESG roundup: Diversity and inclusion strategy and fund names in the spotlight

September 19, 2023

Recent environment-related compliance and legal developments at a glance.

Julie DiMauro2 min read
ESG

What the Corporate Sustainability Due Diligence Directive means for M&A

September 18, 2023

Buyers, sellers and boards need to factor in consideration of the CSDDD now if the deadline for compliance is to be met by 2026.

Kristy Duane | CMS2 min read

RegulationMore on Regulation

SEC

What’s in a name? The SEC adopts amendments to its 2-decades-old ‘Names Rule’

September 21, 2023

The changes take aim at the many funds that attract investor interest with names that might not accurately reflect their actual strategies.

Julie DiMauro3 min read
FCA

Are the FCA and PRA up for post-Brexit UK? asks Gavin Stewart

September 20, 2023

Financial services commentator and former regulator Gavin Stewart asks if the FCA and PRA leadership are up for developing a post-Brexit handbook.

Gavin Stewart3 min read
SEC

SEC unveils new private fund reforms – scope and best compliance practice

September 19, 2023

Reforms bring several significant requirements applicable to private fund managers, including non-US based advisers and exempt reporting advisers.

Valerie Ruppel | Bovill9 min read
FCA

FCA says bank accounts were not closed for political reasons

September 19, 2023

The FCA today published the findings of its initial data exercise on bank account access and closures in a report titled UK Payment Accounts: access and closures review.

Carmen Cracknell2 min read

More on Regulation

TechnologyMore on Technology

Fintech

How new UK and EU competition regulatory regimes for digital markets compare

September 15, 2023

New rules will promote competition amongst “gatekeepers”.

Annabel Borg | Eversheds Sutherland5 min read
Crypto

10 things crypto firms need to know about the new financial promotions regime

September 14, 2023

The FCA wants cryptoasset firms to understand the broad definition of financial promotions.

Emma Tran | Ashurst, Bisola Williams | Ashurst3 min read
Crypto

Crypto industry needs voluntary standards to address key concerns, research finds

September 12, 2023

Safety worries remain a major barrier for potential crypto investors, Coincover’s latest report shows.

Martina Lindberg2 min read
Technology

If you value your privacy, don’t use a car

September 11, 2023

The Mozilla Foundation’s latest report is entitled: “It’s Official: Cars Are the Worst Product Category We Have Ever Reviewed for Privacy.”

Julie DiMauro2 min read

More on Technology