The Australian Attorney-General’s Department has commenced a consultation on potential amendments to the Modern Slavery Act. The Act requires entities based or operating in Australia with annual consolidated revenue of A$100...more
In a broad reversal of course on proposed rules issued by the Securities and Exchange Commission (SEC) under the leadership of former SEC Chair Gary Gensler, on June 12, 2025, the SEC issued a notice withdrawing fourteen of...more
7/30/2025
/ Capital Markets ,
Corporate Governance ,
Disclosure Requirements ,
Enforcement Actions ,
FinTech ,
Foreign Private Issuers ,
Initial Public Offering (IPO) ,
Proposed Rules ,
Regulatory Reform ,
Regulatory Requirements ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Shareholder Proposals ,
Shareholders
Reporting obligations under the European Union’s Corporate Sustainability Reporting Directive are created under EU member state national legislation adopted pursuant to the CSRD. We have again updated our tracker to reflect...more
7/24/2025
/ Corporate Governance ,
Corporate Sustainability Reporting Directive (CSRD) ,
Disclosure Requirements ,
EFTA ,
EU ,
European Commission ,
European Economic Area (EEA) ,
Member State ,
New Legislation ,
Omnibus Guidance ,
Regulatory Requirements ,
Reporting Requirements ,
Sustainability ,
Taxonomy
Ropes & Gray has once again updated its monthly Corporate Sustainability Reporting Directive (CSRD) Transposition Tracker. The Tracker is prepared in conjunction with leading law firms across Europe. The Tracker describes...more
On June 13, Representative Jung Tae-ho re-introduced the “Legislative Bill for the Act on the Protection of Human Rights and the Environment for Sustainable Business Management,” also known as the Corporate Human Rights and...more
6/19/2025
/ Board of Directors ,
Business Entities ,
Corporate Counsel ,
Corporate Governance ,
Corporate Social Responsibility ,
Due Diligence ,
Enforcement ,
Environmental Policies ,
Human Rights ,
New Legislation ,
New Regulations ,
Proposed Legislation ,
Regulatory Requirements ,
Reporting Requirements ,
South Korea ,
Supply Chain
In a broad reversal of course on proposed rules issued by the Securities and Exchange Commission (SEC) under the leadership of former SEC Chair Gary Gensler, on June 12, 2025, the SEC issued a notice withdrawing 14 of the...more
6/18/2025
/ Capital Markets ,
Corporate Governance ,
Final Rules ,
Investment Management ,
Proposed Amendments ,
Proposed Rules ,
Regulatory Reform ,
Rule 14a-8 ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Shareholder Proposals ,
Shareholders ,
Withdrawal
The Norwegian Transparency Act requires subject companies to publicly report on the human rights due diligence they must carry out under the Act. These reports must be published every year, by June 30. With the 2025 reporting...more
6/5/2025
/ Compliance ,
Corporate Governance ,
Disclosure Requirements ,
Due Diligence ,
Enforcement ,
Filing Deadlines ,
Goods or Services ,
Government Agencies ,
Human Rights ,
New Guidance ,
New Regulations ,
Norway ,
Regulatory Authority ,
Reporting Requirements ,
Transparency
In This Edition SEC Climate Disclosure Rule Developments In early March 2024, the Securities and Exchange Commission (SEC) adopted rules to enhance and standardize climate-related disclosures by public companies and in public...more
On April 25, EFRAG officially submitted to the European Commission its adopted work plan for the simplification of the European Sustainability Reporting Standards (ESRS). The ESRS contain the reporting requirements under the...more
In connection with the Corporate Sustainability Reporting Directive Omnibus proposals, the European Commission indicated it will trim and make other changes to the European Sustainability Reporting Standards requirements. The...more
On March 26, the European Council announced its support for the stop-the-clock proposal that would push back some compliance dates under the EU’s Corporate Sustainability Reporting Directive and Corporate Sustainability Due...more
On January 10, 2025, Judge Reed O’Connor of the Northern District of Texas issued a much-anticipated ruling in Spence v. American Airlines, Inc., which marks the first time that a federal judge has written an on-the-merits...more
1/15/2025
/ 401k ,
Asset Management ,
Breach of Duty ,
Class Action ,
Corporate Governance ,
Duty of Loyalty ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
Fiduciary Duty ,
Investment ,
Investment Management ,
Plan Administrators ,
Proxy Voting ,
Retirement Plan ,
Shareholders
SEC Developments -
In Twin Actions, SEC Charges Former Kubient CEO for Fraud and Former CFO and Audit Committee Chair for Failing to Investigate and Perpetuating CEO’s Fraud....more
10/31/2024
/ Capital Markets ,
Corporate Governance ,
Debt Market ,
Enforcement Actions ,
Equity Markets ,
Investment ,
Nasdaq ,
NYSE ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Securities Regulation ,
Securities Violations ,
Special Purpose Acquisition Companies (SPACs)