News from the economy, politics and the financial markets
In this section of our news section we provide you with editorial content from leading publishers.
Latest news
ESMA Publishes Final Report on Technical Standards on Transparency and Integrity of ESG Rating Activities
The European Securities and Markets Authority (ESMA) has published its final report on three draft regulatory technical standards (RTS) under Regulation (EU) 2024/3005 on the transparency and integrity of environmental, social and governance (ESG) rating activities. ESMA revised the three RTS to take into account comments received from its May consultation. ESMA has also been mindful of the wider initiative for simplification and burden reduction....By: A&O Shearman
The Public Offers and Admissions to Trading (Amendment and Consequential and Transitional Provisions) Regulations 2025 Made and Published
The Public Offers and Admissions to Trading (Amendment and Consequential and Transitional Provisions) Regulations 2025 have been published, together with an explanatory memorandum. The Regulations make consequential amendments arising out of the commencement of provisions of the Public Offers and Admissions to Trading Regulations 2024 (POATRs), set out transitional provisions in relation to the new regulated activity introduced by the POATRs and make a minor amendment to the UK Financial Conduct...By: A&O Shearman
SEC Chairman Announces Reforms to Wells Process and Settlement Procedures
On October 7, 2025, U.S. Securities and Exchange Commission ("SEC" or "Commission") Chairman Paul S. Atkins announced procedural reforms aimed at enhancing fairness and transparency in the agency's enforcement program. Chairman Atkins emphasized that the reforms focus on the SEC's three-part mission: to protect investors; to maintain fair, orderly, and efficient markets; and to facilitate capital formation. These changes will have implications for companies and individuals facing potential...By: White & Case LLP
Mexico Reforms the Amparo Law, Redefining Suspension, Legitimate Interest, and Authoritative Roles
The government of Mexico has published a decree amending and adding various provisions to the Amparo Law, Regulating Articles 103 and 107 of the Political Constitution of the United Mexican States, the Federal Tax Code, and the Organic Law of the Federal Court of Administrative Justice....By: DLA Piper
Proposed Regulations Repeal Domestic C-Corporation Look-Through Rule for Determination of Domestically Controlled REIT Status
On October 20, 2025, the United States Department of the Treasury and the Internal Revenue Service issued proposed regulations that modify the rules for determining domestically controlled REIT status. Generally, many non-US investors prefer investing in domestically controlled REITs because selling stock in such REITs can qualify for an exemption from the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA), which would otherwise impose tax on gains from the sale of REIT stock....By: DLA Piper
UK Regulators Finalise Rules on Remuneration Reforms
The UK Prudential Regulation Authority (PRA) and the UK Financial Conduct Authority (FCA) have published joint policy statement PS21/25, setting out the final policy changes to the remuneration rules for dual-regulated firms. The policy statement also provides a summary of feedback to the regulators' November 2024 consultation....By: A&O Shearman
UK FCA Publishes Final Rules on Definition of Capital for FCA Investment Firms
The UK Financial Conduct Authority (FCA) has published policy statement PS25/14, accompanied by a press release, setting out final rules to simplify and consolidate the definition of regulatory capital, also known as "own funds", for FCA investment firms under chapter MIFIDPRU 3 of its Handbook. The FCA will delete and replace the existing rules in MIFIDPRU 3 in their entirety....By: A&O Shearman
EU Authorities Publish Joint Final Report on Technical Advice on IFR and IFD Prudential Framework
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have published their joint final report on technical advice in response to the European Commission's Call for Advice on the Investment Firms Regulation (IFR) and the Investment Firms Directive (IFD). The report, mandated under Article 60 of the IFR and Article 66 of the IFD, proposes limited but targeted revisions to the existing prudential framework which has been deemed fit-for-purpose following...By: A&O Shearman
UK Weekly Sanctions Update - Week of October 20, 2025
In this weekly update, we summarise the most notable updates in the UK sanctions world....By: Mayer Brown
UK FCA Consults on Progressing Fund Tokenisation
The UK Financial Conduct Authority (FCA) has published consultation paper CP25/28, accompanied by a press release, outlining proposals to accelerate the adoption of tokenisation and tokenised funds in the UK. The proposals apply to authorised funds but the FCA's discussion and roadmap sections may be of wider interest to fund and asset managers, including managers of non-authorised funds. The FCA's proposals address fund tokenisation, and do not address unbacked assets such as cryptocurrencies....By: A&O Shearman
DLA Piper Hosts Bootcamp for Biotech and Medtech Companies
On October 20, 2025, DLA Piper held a bootcamp for pre-IPO and growth-stage companies in the biotech and medtech industries in the firm’s New York office. Attended by nearly 100 individuals, the bootcamp covered topics including late-stage financings, paths for going public, financial preparedness, regulatory considerations, compliance issues, intellectual property (IP) strategies, and licensing and partnering agreements led by DLA Piper attorneys and leading industry advisors....By: DLA Piper
The Playbook: Conversations With Craig Budner: Interview With Alok Sama, Best-Selling Author and Former Senior Finance Executive
Alok Sama is an accomplished investor, advisor, and best-selling author with more than 40 years of global experience in the financial industry. Known for his work as the president and chief financial officer at SoftBank Group International, Alok has shaped some of the most significant corporate transactions in recent history—including leading the US$59 billion merger of Sprint and T-Mobile in 2020. Alongside his endless corporate accomplishments, Alok is the author of the best-selling literary...By: K&L Gates LLP
[Podcast] Non-Financial Misconduct Miniseries: Episode 1 - Navigating the FCA's Regulatory Framework
In the inaugural episode of Ropes & Gray’s Non-Financial Misconduct four-part miniseries, Amanda Raad, co-chair of the firm’s global anti-corruption & international risk practice, is joined by asset management partner Eve Ellis and litigation & enforcement senior attorney Sarah Lambert-Porter to discuss the evolving regulatory landscape for non-financial misconduct in the UK financial services sector. The conversation examines the Financial Conduct Authority’s new rules, the impact of the Worker...By: Ropes & Gray LLP
New York’s Department of Financial Services Fines Eight Auto Insurance Companies Over $19M for Cybersecurity Violations
On October 14, 2025, New York’s Department of Financial Services (DFS) fined eight auto insurance companies for violating its cybersecurity regulations (known as “Part 500”). The fines come as recent amendments to Part 500 are set to take effect....By: Herbert Smith Freehills Kramer
EU Adopts 19th Package Against Russia and Parallel Sanctions On Belarus
Following proposals made by the European Commission (“Commission”) on September 19, 2025, the European Union (“EU”)’s 19th package of sanctions targeting Russia, including parallel measures aligning sanctions on Belarus, has been adopted on October 23, 2025. This package targets primarily the energy, financial and military industrial sectors, while addressing circumvention concerns through a mix of list-based sanctions, enhanced trade controls (including on liquefied natural gas (“LNG”)),...By: Mayer Brown
NYDFS Issues Guidance on Managing Risks Related to Third-Party Service Providers
On October 21, 2025, the New York Department of Financial Services (“NYDFS”) published an Industry Letter (the “Letter”) outlining guidance on managing risks related to third-party service providers (“TPSPs”). NYDFS recognizes that as covered entities become more reliant on TPSPs, managing TPSPs “remains a crucial element of a Covered Entity’s cybersecurity program.” The Letter outlines the actions and advice Covered Entities should take while progressing through the lifecycle of a TPSP...By: Alston & Bird
When it Rains it Pours: Lessons for Businesses Following the AWS Service Disruption
On October 21, 2025, much of the internet stopped behaving as expected. The largest cloud provider in the world, Amazon Web Services (AWS), suffered a significant service disruption that rippled through countless businesses, including banks, insurers, and technology companies. It served as a stark reminder that even the most sophisticated vendors can experience disruptions, and when they do, the disruption lands squarely on the shoulders of the organizations that depend on them....By: Baker Donelson
Unitranche Debt Structures: Practical Insights for Borrowers and Lenders
Unitranche financing structures, also known as first out/last out or "FOLO," are not new to the lending market but have become increasingly common in recent years, particularly in private equity sponsor-backed middle-market transactions. In recent years, unitranche deal volume in the U.S. has experienced significant growth, with industry estimates indicating that middle-market issuances reached a record $210 billion in 2024, up from $94 billion in 2023. The adaptability and efficiency of the...By: Baker Donelson
Publication of new general orientation criteria under the reform of the Federal Law for the Prevention and Identification of Illicit Resource Operations (by its spanish acronym LFPIORPI)
New general criteria derived from the reform of the LFPIORPI were recently published on the Anti-money laundering website: https://sppld.sat.gob.mx/pld/interiores/criterios.html, the new general criteria derived from the reform of the LFPIORPI....By: Hogan Lovells
Is Your Section 401(k) Plan Ready for Catch-Up Contribution Changes in 2026?
Many employers sponsor Section 401(k) Plans to help employees save for retirement by allowing them to contribute a portion of their pay into the Plan....By: Pullman & Comley - Labor, Employment and
Showing 3561 to 3580 of 3902 entries
