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Capital Markets Crystal Ball: Predictions for 2026
With New Year’s Day approaching, now is an exciting time to imagine what lies ahead for the capital markets. Q1 is typically quiet, but if you’re considering an initial public offering in 2026, keep an eye out for these key signs of a healthy market, drawn from a lively and informative discussion at the 2025 Berkeley Fall Forum on Corporate Governance...By: Cooley LLP
[Video] Investing in Resilience: How Extreme Weather is Reshaping Infrastructure Investment and Risk
The funds that lead the next decade will not just invest in climate solutions. They will invest in systems built to thrive under pressure. Partner Jon Solorzano explains what that shift means for capital today. Across sectors and jurisdictions, the data point to a world facing more frequent and intense physical disruptions. Extreme heat, heavy rainfall, rising sea levels, and prolonged droughts are no longer regional anomalies; they are macroeconomic factors shaping markets, policy, and...By: Vinson & Elkins LLP
[Video] Great Women in Compliance - Global Corruption Prevention: A View from France
In this episode of Great Women in Compliance, Lisa sits down with Valentina Lana, a Paris-based attorney and ethics & compliance leader who bridges industry and academia. Valentina shares how an early-career opportunity sparked her passion for anti-corruption work and led her to where she is today. She has helped build major compliance programs and teaches at Sciences Po. She worked with Michael Sapin on the Sapin II law and breaks down its core elements for the GWIC audience. She discusses...By: Thomas Fox - Compliance Evangelist
UK FCA Regulation Round-Up
The UK Financial Conduct Authority (FCA) has published its latest Regulation Round-up, a monthly newsletter to firms covering hot topics, events and sector news. Areas for firms to note include: (i) the launch of the InvestSmart Hype Type Revealer, a behavioural tool designed to help retail investors recognise how hype can influence their investment decisions; (ii) plans to standardise financial data collection at the authorisation gateway, introducing sector-specific templates to accelerate...By: A&O Shearman
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – December 2025 # 2
On December 5, the Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC) jointly rescinded the 2013 Interagency Guidance on Leveraged Lending and the 2014 FAQs, citing that the issuances were overly restrictive, unintentionally captured some investment‑grade credits, and shifted market activity to nonbanks. The agencies noted Government Accountability Office’s determination that the 2013 guidance was a “rule” under the Congressional Review Act that was...By: Troutman Pepper Locke
NY Department of Financial Services Signals Increased Scrutiny of Third-Party Technology Risk Management
On October 21, 2025, the New York Department of Financial Services ("NYDFS") sent a letter to the executives and information security personnel at covered entities with new guidance for managing technology and data risks related to third-party service providers ("TPSPs")....By: Jones Day
EFRAG Issues Technical Advice on Simplified ESRS: Key Takeaways for CSRD Reporting
The European Financial Reporting Advisory Group (EFRAG) on December 3, 2025 submitted its long-anticipated technical advice to the European Commission on a proposed set of simplified European Sustainability Reporting Standards (ESRS). This development marks a major step in the Commission’s broader Omnibus initiative to ease administrative burden under the Corporate Sustainability Reporting Directive (CSRD)....By: Morrison & Foerster LLP
NAIC Body Would Expunge “Investment Subsidiary” From Statement Blanks, RBC Instructions
References to “investment subsidiaries” — subsidiaries of insurers existing only to hold permitted investments and conducting no other activities — would no longer appear in annual statement blanks or life insurer risk-based capital (RBC) instructions under a proposal adopted by a key regulatory body on December 9, 2025....By: Herbert Smith Freehills Kramer
Security That Travels: Cross-Border Perfection in Aviation Finance
Cross-border aviation finance presents a unique set of legal and practical challenges. As explored in our previous article, the mobility of aircraft, engines, and related assets means that financiers and lessors must navigate a complex web of international treaties and local laws to protect their interests....By: DarrowEverett LLP
World Bank Group Updates International Integrity Compliance Guidelines
For the first time in 15 years, the World Bank Group (WBG) has updated their Integrity Compliance Guidelines....By: ArentFox Schiff
[Video] Compliance Tip of the Day – Improvement of Internal Controls
Welcome to “Compliance Tip of the Day,” the podcast that brings you daily insights and practical advice for navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned compliance professional or just starting your journey, we aim to provide you with bite-sized, actionable tips to help you stay on top of your compliance game. Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your...By: Thomas Fox - Compliance Evangelist
SEC Commissioner Uyeda’s Speech Regarding Retirement Fund Exposure to Private Investments
Who may be interested: Registered Investment Companies; Directors of Registered Investment Companies; Investment Advisers Registered Investment Companies; Directors of Registered Investment Companies; Investment Advisers; Hedge Funds - Quick Take: At the November 20, 2025, Investment Company Institute (“ICI”) Retail Alternatives and Closed-End Funds Conference in New York, SEC Commissioner Mark Uyeda urged retirement plan advisers to use private asset investments to increase portfolio...By: Seward & Kissel LLP
Cayman Financial Services Enforcement Review 2025
Anti-money laundering counter-terrorist financing and proliferation financing (AML/CFT/CFP) remains the main focus of inspections, and CIMA has demonstrated a clear readiness to take enforcement action where deficiencies are identified. However, it continues to broaden the scope of inspections, reviews and enforcement beyond AML/CFT/CFP....By: Walkers
Navigating the shifts in US deal making
Sponsors are targeting exits and exploring high-growth sectors like quantum computing, data centres, fintech and sports franchises to capture innovation-driven deal flow. Large-scale transactions are gaining traction as economic conditions stabilise and regulatory pressures ease, signalling renewed confidence in the market....By: Walkers
EU CryptoReg Roundup: November 2025
Welcome to our EU crypto update - a roundup of key Irish and EU legislative and regulatory developments shaping the crypto-asset sector....By: Walkers
The return of the SPAC: A Cayman Islands legal perspective on the revival
The market dynamics of 2024 and 2025 have created a fertile ground for new SPAC IPOs, but this time around, sponsors and directors are examining the lessons learned from the previous cycle to shape a more thoughtful, resilient approach. Over 95% of the SPACs launched in 2025 are domiciled in the Cayman Islands and as counsel to numerous sponsors, we are well-positioned to advise on the legal considerations shaping this new era....By: Walkers
[Video] AI Today in 5: December 10, 2025, The Redefining Compliance Edition
Welcome to AI Today in 5, the newest edition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the AI Today In 5. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest related to AI. Top AI stories include: • AI threats surge. (BetaNews):...By: Thomas Fox - Compliance Evangelist
[Video] Daily Compliance News: December 10, 2025, The US Credibility Under Strain Edition
Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, including compliance, ethics, risk management, leadership, or general interest, relevant to the compliance professional. Top stories include: • US credibility in countering...By: Thomas Fox - Compliance Evangelist
New Year, New Dependent Care FSA Limits: Don’t Forget to Amend Your Plan!
Key Takeaways : The One Big Beautiful Bill Act allows employers to raise the dependent care FSA exclusion limit starting Jan. 1, 2026. This is the first time since 1986 and offers meaningful additional tax savings for employees....By: Polsinelli
Regulator Alphabet Soup, December 2025 - CFTC Authorizes Spot Crypto Trading on DCMs
On December 4, 2025 Commodity Futures Trading Commission (“CFTC”) Acting Chairman Caroline D. Pham announced that, for the first time, CFTC-regulated commodity exchanges (also known as designated contract markets (“DCMs”)) have been authorized to list and facilitate trading in “spot” cryptocurrency contracts....By: Cadwalader, Wickersham & Taft LLP
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