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Clean Energy Tax Changes Cut Timelines, Add Red Tape
Significant changes to the Inflation Reduction Act through the One Big Beautiful Bill Act are set to reshape energy project development, financing strategies and long-term investment planning. Through revised deadlines, restructured tax credits and new foreign entity restrictions, the OBBBA compresses the window for clean energy incentives and introduces heightened compliance burdens. Originally published in Law360, July 2025....By: Balch & Bingham LLP
Investigations Newsletter: Private Equity Firm Not Liable for Alleged FCA Retaliation Claims by Former Employee of Portfolio Company
Private Equity Firm Not Liable for Alleged FCA Retaliation Claims by Former Employee of Portfolio Company - The District Court for the District of Nebraska addressed whether a private equity owner could be liable as an employer — or alter ego — of a portfolio home health care company that allegedly retaliated against a purported False Claims Act (FCA) whistleblower. At a time when private equity firms face increased risk of FCA enforcement and liability for the actions of its portfolio...By: ArentFox Schiff
Private Placement Memorandums Seminar: 3 Key Takeaways
A Private Placement Memorandum (PPM) is a critical document used in private securities offerings to provide potential investors (the individuals or entities providing the funding) with detailed information about the investment opportunity and the issuer (the entity raising capital). It outlines essential aspects of the offering including risks, terms, and the issuer's business strategy......By: Flaster Greenberg PC
District Court Holds Private Equity Fund, But Not Its General Partner or Management Company, Liable for Portfolio Company’s Withdrawal Liability
Under ERISA, a participating employer that withdraws from a multiemployer pension plan must pay its share of the plan’s unfunded vested benefits (i.e., its withdrawal liability). ERISA’s “controlled group” rules extend this obligation to all “trades and businesses” that are under “common control” with the withdrawing employer, thereby making the withdrawing employer and each controlled group member jointly and severally liable for the withdrawal liability. In general, this means that liability...By: Proskauer - Employee Benefits & Executive
Reforma de Extradición en Costa Rica: Una Señal Precedente para Riesgos AML y FATCA
En mayo de 2025, Costa Rica reformó el Artículo 32 de su Constitución para permitir la extradición de ciudadanos costarricenses en casos de narcotráfico internacional y terrorismo. Este cambio histórico pone fin a una prohibición de décadas sobre la extradición de nacionales. Los no ciudadanos ya estaban sujetos a extradición bajo tratados bilaterales....By: Foodman CPAs & Advisors
Costa Rica Extradition Reform: What It Signals for AML, FATCA, and CRS Compliance
In May 2025, Costa Rica amended Article 32 of its constitution to allow the extradition of Costa Rican nationals in cases of international drug trafficking and terrorism. For decades, nationals were constitutionally shielded from extradition. Non-citizens were already subject to extradition through treaty-based processes....By: Foodman CPAs & Advisors
Recent Sanctions Actions by the United States, United Kingdom, and European Union Target Critical Russian Revenue
In a major shift in the second Trump Administration’s Russia policy, on 22 October 2025 the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed blocking sanctions on Rosneft Oil Company (Rosneft) and Lukoil OAO (Lukoil) under Executive Order 14024 (EO 14024). This is the first designation by the Trump Administration of Russian actors under the authorities targeting Russia’s continuing war in Ukraine, and follows Russia’s unwillingness to commit to a peace...By: K2 Integrity
[Video] AI Today in 5: October 28, 2025, The AI and National Security AI 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 that pertain to AI. Top AI stories include: • AI Red Tape and National Security. (CCI):...By: Thomas Fox - Compliance Evangelist
[Video] Daily Compliance News: October 28, 2025, The Sleeper Issue 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 to the Daily Compliance News—all from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest, all relevant to the compliance professional. Top stories include: • Corruption probe in Mongolia. (WSJ):...By: Thomas Fox - Compliance Evangelist
One Way or Another: On the Structural Trajectory of Loan Documentation
When Gatsby stands at the edge of his lawn, gazing across the bay at the green light on Daisy Buchanan's dock, that lamp promises his imagination that time itself might be reversed. History will relent and desire bend the years backwards....By: White & Case LLP
Risk-Based Licensing: BKPM Regulation 5/2025 Consolidates and Clarifies the 2021 Regime
On October 1, 2025, Indonesia’s Ministry of Investment and Downstream Industry/BKPM issued Regulation No. 5 of 2025 on Guidance and Implementation of Risk-Based Business Licensing and Investment Facilities through the OSS (the New Regulation). It revokes and consolidates BKPM Regulations Nos. 3, 4 and 5 of 2021....By: A&O Shearman
OFAC Sanctions Major Russian Oil Companies
On October 22, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed full blocking sanctions on Russia’s two largest oil companies—Rosneft and Lukoil—and several of their subsidiaries. These actions were taken under Executive Order 14024 in response to Russia’s continued aggression in Ukraine and its lack of commitment to a peace process....By: Alston & Bird
Security Check: Cryptocurrency Regulatory Reform
Background Cryptocurrency has been the subject of public fascination, legal scrutiny, and financial concern since bitcoin, the original decentralized payment cryptocurrency, launched in 2009. Since then, various cryptocurrencies have emerged, including stablecoins like Tether, meme coins like Dogecoin, and non-fungible tokens (NFTs)....By: Adler Pollock & Sheehan P.C.
UK Pensions: What’s New This Week? October 2025 # 4
Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions....By: A&O Shearman
Blockchain+ Bi-Weekly — While Washington Shuts Down, the Industry Moves Forward
With most federal agencies idled by the ongoing government shutdown, digital-asset policy has entered a holding pattern. Market-structure legislation now appears highly unlikely for this Congress. Comment periods are paused, rulemakings delayed, and some courts are scaling back operations. Even amid the slowdown in Washington, market participants are pressing ahead with regulatory engagement, product development and infrastructure planning....By: Polsinelli
Federal Bank Regulators Announce Rescission of Climate-Related Risk Management Principles
What Happened? On October 16, 2025, the Federal Deposit Insurance Corporation (“FDIC”), the Federal Reserve Board (“FRB”), and the Office of the Comptroller of the Currency (“OCC”) (collectively, the “bank regulators”) announced that they intend to rescind the interagency Principles for Climate-Related Financial Risk Management for Large Financial Institutions (“Climate Principles”)....By: Alston & Bird
EBA Publishes Report on White Labelling for Banking and Payments Services in the EU
The European Banking Authority (EBA) has published a report on white labelling, accompanied by a fact sheet. In the report, the EBA considers the use of white labelling as a business model by the firms that are under its mandate, including credit institutions, e-money institutions, payment institutions, non-bank issuers of asset-referenced tokens and non-bank lenders....By: A&O Shearman
Nasdaq Proposes Increased Standards for Initial and Continued Listing
The Nasdaq Stock Market LLC (Nasdaq) recently filed new rule proposals (SR-NASDAQ-2025-068 and SR-NASDAQ-2025-069) with the Securities and Exchange Commission (SEC) which, per Nasdaq, provide “enhancements to its initial and continued listing standards” and reinforce “its long-standing commitment to capital formation while ensuring investor protection and upholding market integrity.”...By: Cadwalader, Wickersham & Taft LLP
Reducing the Regulatory Burden – EU Commission De-Prioritizes Non-Essential Regulation in Securities and Derivative Markets
Under the European Union regulatory framework, primary legislation (e.g., directives such as the Markets in Financial Instruments Directive (MIFID II) and the Anti-Money Laundering Directive) ("Level 1 Measures") are typically passed by the European Parliament and Council and set out broad regulatory principles. The detailed implementing technical standards and granular rules arising from the Level 1 Measures are adopted and developed by the European Commission ("Level 2 Measures")....By: Mayer Brown Free Writings + Perspectives
Regulation to Shorten Settlement Cycle to T+1 Published in OJ
Regulation (EU) 2025/2075 amending the Central Securities Depositories Regulation (Regulation (EU) No 909/2014) to shorten the settlement cycle for EU transactions in transferable securities from two business days (T+2) to one business day after the trade date (T+1), has been published in the Official Journal of the European Union (OJ)....By: A&O Shearman
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