EU
- 20 March 2024 – On 13 December 2023, the Platform on Sustainable Finance issued a draft report which includes proposals for EU taxonomy-aligning benchmarks. The deadline for comments on the draft report is 13 March 2024.
- 20
On 18 March 2024, the Department for Business and Trade announced that it is consulting on competition and consumer protection related information sharing between relevant UK public authorities.
The consultation paper highlights that the sharing of information among regulators and…
On 18 March 2024, the Financial Conduct Authority (FCA) published a joint letter with Ofgem, Ofwat and Ofcom via the UK Regulators’ Network, outlining their shared expectations of the consumer outcomes firms should be delivering in response to identified consumer…
On 18 March 2024, the European Central Bank (ECB) and European Banking Authority (EBA) published a Memorandum of Understanding on the establishment of the Joint Bank Reporting Committee (JBRC).
The JBRC is tasked with helping to develop common definitions and…
Here is our lengthy Client Update on the SEC’s new climate disclosure rules. It includes some great graphics so you can understand the rules at a glance. Check it out!
In Frank v. Frank, co-trustees filed suit in federal court seeking declarations regarding their authority and potential liabilities. No. 3:22-cv-01757-M, 2023 U.S. Dist. LEXIS 226439 (N.D. Tex. December 20, 2023). There was an earlier dispute, which was settled resulting in…
As you know from prior posts, if I do anything well, then it’s public self-deprecation. And, thus, I’m embarrassed to admit that I wrongly attributed the In re Carter (Bankr. N.D. Ga. Dec. 13, 2023) Sub V opinion to Judge Sage…
In March 2024, the Supreme Court of Appeal held that SARS lawfully seized a director’s property during a search and seizure operation conducted at the premises of the company.
SARS had obtained a warrant from the high court in terms…
We have all seen the various league tables showing which plaintiffs’ firms have had the highest average securities class action settlements. But do these firms wind up at the top of the tables because they produce better outcomes for the…
On March 15, 2024, in this very brief order, the Fifth Circuit of the U.S. Court of Appeals issued an administrative stay of the SEC’s climate-related disclosure final rules. Time to stay tuned for developments!
As always, your thoughts…