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2025 Market Review: Credit, Capital and Change
2025 was a year of refinement in credit markets. From the vantage point of Akin’s financial restructuring and capital solutions teams, liability management transactions continued to evolve, hybrid capital became a strategic liquidity tool, private credit stress proved selective rather than systemic, and courts applied greater scrutiny to process and value allocation—while leaving the core toolkit intact....By: Akin Gump Strauss Hauer & Feld LLP
Capital Shifts Reshape Energy Sector Financing
The oil & gas industry is experiencing a fundamental transformation in how companies access and deploy capital in 2026. Despite strong balance sheets and robust free cash flow generation, the sector is witnessing strategic shifts in funding sources and investment priorities that signal a new era of capital allocation....By: Akin Gump Strauss Hauer & Feld LLP
FinCEN Federal Reporting Requirements for Residential Real Estate
Beginning on March 1, 2026, the Residential Real Estate Rule (the “Rule”) will require reports to be submitted to the Financial Crimes Enforcement Network (“FinCEN”) in connection with certain residential real estate transfers. As explained in FinCEN’s FAQs on the Rule, the reports are intended to help deter money laundering. A report is only required if the transfer falls within the Rule’s meaning of......By: Downs Rachlin Martin PLLC
64. February 17, 2026 | Florida Athletic Prep School Settles with OFAC for $1.7 Million Related to Apparent Violations of Counternarcotics Sanctions
See chart below for more information....By: Thompson Coburn LLP
FCA & PRA Consultations on the UK Securitisation Framework
The UK Financial Conduct Authority (FCA) and the Prudential Regulation Authority of the Bank of England (PRA) have each published a consultation paper in relation to proposed changes to the UK securitisation framework. These contain important proposals in relation to the UK securitisation regime....By: Morgan Lewis
The Advanced Nuclear Framework
The Department for Energy Security and Net Zero (DESNZ) has published its Advanced Nuclear Framework (the ‘Framework'), setting out a structured policy framework for privately led modular nuclear projects in the UK. While it does not radically shift existing policy or introduce new funding commitments, the Framework establishes a codified process for Small, Advanced, and Micro Modular Reactors (SMRs, AMRs, and MMRs) to progress from concept to deployment, and represents a meaningful step towards...By: Hogan Lovells
[Video] Innovation in Compliance: From Banking to AI: Tim Khamzin on Transforming Compliance
Innovation comes in many areas, and compliance professionals need not only to be ready for it but also to embrace it. Join Tom Fox, the Voice of Compliance, as he visits with top innovative minds, thinkers, and creators in the award-winning Innovation in Compliance podcast. In this episode, host Tom Fox welcomes Tim Khamzin, Founder & CEO of Vivox AI, to discuss building explainable, trusted AI agents for financial crime compliance teams. Tim describes his background in banking operations...By: Thomas Fox - Compliance Evangelist
The DOL’s Alternative Investments Proposal: A Turning Point or Just More Regulatory Noise?
If you’ve been paying attention to retirement plan news lately, you know that alternative investments are no longer a fringe conversation. They’re front and center. The Department of Labor has now taken a significant step by sending a proposed rule on alternative investments to the White House for review. This isn’t casual guidance or a vague press statement. It’s a formal regulatory move that could shape how defined contribution plans look for years to come....By: Ary Rosenbaum - The Rosenbaum Law Firm P.C.
[Video] Daily Compliance News: February 24, 2026, The $1.7bn from Binance to China 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, compliance, ethics, risk management, leadership, or general interest for the compliance professional. Top stories include: • Binance sent $1.7bn in crypto to Iran. (NYT):...By: Thomas Fox - Compliance Evangelist
When Red Flags Are Missed: Lessons from a Recent Private Credit Fraud
The Wall Street Journal recently reported on a major private‑credit loss involving a highly sophisticated financial institution that was allegedly defrauded through fake invoices and falsified communications....By: Guidepost Solutions LLC
FINRA Meets the Marketing Rule—Mostly: Performance Projections and Targeted Returns Under Proposed Amendments to Rule 2210
For years, broker-dealers have operated under a regulatory regime that has sharply constrained their ability to discuss future performance—even as investment advisers have enjoyed broader latitude under Rule 206(4)-1 under the Investment Advisers Act of 1940 (the Marketing Rule). That imbalance may finally be narrowing. The Financial Industry Regulatory Authority (FINRA) has proposed amendments to FINRA Rule 2210 “Communications with the Public” that would—at long last—provide broker-dealers...By: K&L Gates LLP
Zombies in the Cap Table and the So-Called SaaS Apocalypse
What Lenders and Equity Holders Should Consider in Challenged Circumstances - Factors Causing Stress in the SaaS and Software Sectors - Whether you believe a SaaS (or software) apocalypse is upon us or we are just looking at an inevitable correction driven by AI, SaaS and other venture-backed private software companies are facing the reality of aging cap tables, challenged valuations, and fundraising limits....By: Thompson Coburn LLP
FCA and PRA Publish Consultation Papers on Proposed Reforms to UK Securitisation Framework
On 17 February, the FCA and PRA published consultation papers (the “Consultation Papers”) on reforming the UK Securitisation Framework (the “Framework”). The Consultation Papers follow the process of transferring assimilated EU Securitisation Regulation rules into UK domestic law (through the FCA Handbook and PRA Sourcebook) completed in November 2024....By: Orrick, Herrington & Sutcliffe LLP
White House Hosts Third Meeting Between Banking and Crypto Stakeholders, SEC Discusses Innovation Exemption and Stablecoins, and CFTC Files Prediction Markets Amicus Brief
The White House Crypto Policy Council convened a third meeting with executives and representatives from the crypto industry and traditional finance to continue discussions on digital asset market structure legislation. Participants said progress had been made, but no agreement had been reached....By: Paul Hastings LLP
Not Just for California Funds: New Law Imposes Reporting Obligations on VC Firms Nationwide and Abroad
The state of California recently implemented the Fair Investment Practices by Venture Capital Companies Law (FIPVCC), which establishes a mandatory transparency regime requiring venture capital firms to report aggregated demographic data on portfolio company founders. For our international partners, it is critical to recognize that the jurisdictional reach is broad and often captures firms operating entirely outside of the United States....By: Fox Rothschild LLP
OFAC Issues Five Additional Venezuela General Licenses Authorizing Certain Oil-Related Activities
In recent weeks, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) has greatly expanded the scope of authorized activities and transactions that U.S. persons may undertake regarding energy projects in Venezuela. The expanded authorizations align with the wider U.S. strategy to relax certain sanctions after President Maduro’s removal on January 3, 2026, signaling a significant shift toward broader commercial engagement with Venezuela’s energy industry....By: Pillsbury - Global Trade & Sanctions Law
[Event] Fundamentals Asia & Middle East 2026 - March 12th, Tokyo, Japan
Returning for our third year in Tokyo: Navigating New Heights - Join us in Tokyo for insights shaping the investment funds industry in 2026 - We are pleased to return to Tokyo for the third edition of Fundamentals Asia & Middle East, our annual flagship event bringing together influential voices from across the investment funds industry. On Thursday, 12 March, we will convene senior industry leaders for an exclusive evening of discussion and forward looking insights, exploring the forces...By: Walkers
The Private Funds Briefing: Navigating Sustainability Side Letter Clauses: Spotlight on U.S. State Plans
As sustainability expectations continue to evolve across the global investor landscape, managers are facing increasing pressure to navigate a growing array of jurisdiction‑specific requirements. This first instalment of The Private Funds Briefing Ian Ferguson and Rachel Lowe explore how sustainability clauses in side letters have become a defining feature of private fund negotiations, and why U.S. state plans illustrate a far more nuanced and complex set of expectations for managers to...By: Proskauer Rose LLP
Litigation Enforcement Trends in the Secondary Market for Pre-IPO Shares
As the secondary market for pre-IPO shares continues to mature, transactions involving the private stock of late-stage companies have become increasingly common—but so too have lawsuits and regulatory scrutiny....By: DarrowEverett LLP
Cession d’actions par un dirigeant : imposition en salaires du complément de prix afférent à une garantie d'actif et de passif consentie par le cédant
Dans le cadre de la cession d’actions par un cadre dirigeant, le TA de Lyon juge que le complément de prix, constituant la contrepartie d'une garantie d'actif et de passif consentie par le cédant, doit être imposé dans la catégorie des traitements et salaires et précise que la circonstance que ce complément lui a été versé par l'acquéreur et non son employeur est sans incidence (TA Lyon, 27 janvier 2026, n° 2405491)....By: Mayer Brown
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