Proskauer - Regulatory & Compliance

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Firm Profile: Proskauer Rose LLP
Eleven Times Square
(Eighth Avenue & 41st Street)
New York, NY 10036-8299, United States
Phone: 212.969.3000
Fax: 212.969.2900
Areas Of Practice
  • Criminal Law
  • Finance & Banking
  • International Law & Trade
  • Securities Law
Locations
Other U.S. Locations
  • California
  • D.C.
  • Florida
  • Illinois
  • Louisiana
  • Massachusetts
  • New York
Other Countries
  • Brazil
  • China
  • France
  • Hong Kong
  • United Kingdom

Sustainability Under the Microscope: ESMA’s Reality Check

On the 30 June 2025, the European Securities and Markets Authority (“ESMA”) published its final report on the 2023–2024 Common Supervisory Action (“CSA”) on the integration of sustainability risks and disclosures. This… more
 /  Environmental Law, Finance & Banking, Securities Law

Tougher UK Sanctions Penalties on the Horizon as Consultation is Launched

On 22 July 2025, the UK’s Office of Financial Sanctions Implementation (“OFSI”) published a consultation paper proposing significant reforms to its civil enforcement processes. The proposals aim to enhance the effectiveness,… more
 /  Administrative Law, Finance & Banking, International Law & Trade

Seven Questions for Legal and Compliance Before Adopting AI Transcription Services

As businesses accelerate their use of automated tools to record and transcribe meetings, risks are growing. The use of these “AI tools” to transcribe meetings, such as witness interviews, expert network calls, investment… more
 /  Electronic Discovery, Privacy, Science, Computers, & Technology

UK Green Taxonomy Shelved as Transition Plans Take Centre Stage

On 15 July 2025, HM Treasury published its response confirming it will no longer pursue a UK green taxonomy – a classification system to define which economic activities could be considered environmentally sustainable (the “UK… more
 /  Environmental Law, Finance & Banking, Securities Law

Bullying, harassment and violence set to be conduct issues under new FCA Rule

Bullying, harassment and violence set to be conduct issues under new FCA Rule - The Financial Conduct Authority (the “FCA”) recently published its Policy Statement and Consultation on non‑financial misconduct (“CP25/18”)… more
 /  Civil Rights, Finance & Banking, Labor & Employment Law

House of Lords Launches Inquiry into Growth of UK Private Markets

On 2 July 2025, the House of Lords Financial Services Regulation Committee launched an inquiry into the growth of private markets in the UK… more
 /  Finance & Banking, Securities Law

A Leaner Regime for the EU Taxonomy Regulation

On 4 July 2025, the European Commission adopted a regulation (the “Delegated Regulation”) aimed at streamlining the European Union’s Taxonomy Regulation (the “Taxonomy Regulation”). These reforms are intended to ease… more
 /  Administrative Law, Environmental Law, Finance & Banking

ESMA Publishes Four Principles for Clear, Fair and Not Misleading Sustainability-Related Claims

On 1 July 2025, the European Securities and Markets Authority (“ESMA”) published a thematic note on making clear, fair and not misleading sustainability-related claims, to address greenwashing risks (the “Thematic Note”)… more
 /  Environmental Law, Finance & Banking, Securities Law

Timetable extended for developing new CSRD Standards, following EFRAG Progress Report

A new extended timetable is now in play for the European Financial Reporting Advisory Group (“EFRAG”) following a letter sent by the EU Commissioner Albuquerque on 1 July 2025. EFRAG is tasked with the responsibility to… more
 /  Administrative Law, Environmental Law, Finance & Banking

Failure to Prevent Fraud Offence – What you should know

On 1 September 2025, the new UK corporate offence of “failure to prevent fraud” will come into force, as introduced under the Economic Crime and Corporate Transparency Act 2023 (the “Act”)… more
 /  Business Organizations, Commercial Law & Contracts, Criminal Law

From Wall Street to Main Street: Investor Advocate Puts Private Funds on the 401(k) Horizon

On June 25, 2025, the SEC’s Office of the Investor Advocate (OIAD) released its annual report to Congress on its policy priorities for fiscal year 2026. The office was established by Congress to focus on retail investor issues… more
 /  Administrative Law, Finance & Banking, Labor & Employment Law, Securities Law

Council of the European Union Agrees Mandate to Streamline CSRD and CSDDD Requirements

On 23 June 2025, the Council of the European Union (“Council”) endorsed its negotiating mandate on the European Commission’s Omnibus I proposal, which aims to streamline the Corporate Sustainability Reporting Directive ((EU)… more
 /  Administrative Law, Business Organizations, Environmental Law

Treasury’s Latest Moves: Fast-Track for Foreign Investors & Outbound AI Investment Inquiry

The U.S. Department of the Treasury (“Treasury”) has been active in the context of the Committee on Foreign Investment in the United States’ (“CFIUS”) and the Outbound Investment Security Program (“OISP”). The main updates… more
 /  Administrative Law, Finance & Banking, International Law & Trade, Science, Computers, & Technology

SEC Formally Withdraws Fourteen Rule Proposals

On June 12, 2025 the Securities and Exchange Commission (“SEC”) formally withdrew fourteen outstanding rule proposals issued by the prior administration. Although most observers doubted that the current Commission would adopt… more
 /  Administrative Law, Finance & Banking, Securities Law

SEC Further Extends Form PF Compliance Date and Signals Broader Reconsideration

On June 11, 2025, the Securities and Exchange Commission (“SEC”) voted to extend the compliance date for the most recently adopted amendments to Form PF by approximately four months, to October 1, 2025… more
 /  Administrative Law, Finance & Banking, Securities Law
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