Ropes & Gray LLP

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Prudential Tower
800 Boylston Street
Boston, Massachusetts 02199-3600, United States
Phone: (617) 951-7000
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Other U.S. Locations
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1,000+ Attorneys

Effect of Changes to Title IV of the Higher Education Act in the One Big Beautiful Bill

The “One Big Beautiful Bill Act” (the “Act”), which recently became law, makes significant changes to federal financial aid programs administered under Title IV of the Higher Education Act of 1965 (“HEA”). These changes impact… more
 /  Administrative Law, Education Law, Finance & Banking

“Winning the Race: America’s AI Action Plan” – Key Pillars, Policy Actions, and Future Implications

On July 23, 2025, the White House unveiled its “Winning the Race: America’s AI Action Plan” (the “Plan”), a comprehensive roadmap outlining a series of policy goals and recommended policy actions intended “for near-term… more
 /  Intellectual Property, International Law & Trade, Science, Computers, & Technology

U.S. Cybersecurity Sector Recap

M&A activity in the cybersecurity sector is on pace to exceed 2024 volume by 10% in 2025, with continued consolidation as larger firms acquire niche players to enhance capabilities or expand product offerings. The cybersecurity… more
 /  Finance & Banking, Mergers & Acquisitions, Science, Computers, & Technology

FCA Releases New Rules And Draft Guidance In The Fight Against Non-Financial Misconduct

The Financial Conduct Authority's (FCA) long-awaited new measures for tackling non-financial misconduct (NFM) in financial services are (finally) here. On 2 July 2025, the FCA published its final rules in Consultation Paper… more
 /  Finance & Banking, Labor & Employment Law

DOL Sheds Light on the Fiduciary Responsibilities That Arise with Pooled Employer Plans PEPs

On July 28, 2025, the U.S. Department of Labor (“DOL”) issued some new interpretive guidance as part of a request for information (“RFI”) about pooled employer plans (“PEPs”) and an employer’s fiduciary responsibilities that… more
 /  Labor & Employment Law, Securities Law

Canada Opens Survey on Supply Chains Act Reporting

Public Safety Canada is soliciting feedback on the second year of reporting under the Canadian Fighting Against Forced Labour and Child Labour in Supply Chains Act. The anonymous survey launched yesterday and is available here… more
 /  Administrative Law, International Law & Trade, Labor & Employment Law

HALT Fentanyl Act: Unpacking its Significant Reforms for Controlled Substance Research

On July 16, 2025, President Trump signed the Halt All Lethal Trafficking of Fentanyl (“HALT Fentanyl”) Act into law. The law permanently reclassifies “fentanyl-related substances” into Schedule I of the Controlled Substances Act… more
 /  Administrative Law, Health

Australian Government Launches Consultation on Strengthening Modern Slavery Act

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
 /  Administrative Law, International Law & Trade, Labor & Employment Law

Proposed Changes to Medicare Payment Rules: What Life Sciences Companies Need to Know

The Centers for Medicare & Medicaid Services (“CMS”) recently released two proposed updates to Medicare payment rules that, if implemented, could have a significant impact on life sciences companies. The Medicare proposed rules… more
 /  Administrative Law, Health

Capital Markets & Governance Insights - July 2025

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 the… more
 /  Business Organizations, Finance & Banking, Securities Law

French Tax Administration Issues Draft Comments on Management Package Tax Reform

On July 23, 2025, the French Tax Administration released its initial draft guidance in the BOFiP (Bulletin Officiel des Finances Publiques) (the “Tax Comments”) on the new tax regime for Management Packages introduced by the… more
 /  International Law & Trade, Mergers & Acquisitions, Securities Law, Taxation

SFDR Review Potentially Delayed to Q1 2026

Whilst not unexpected, the long-awaited review of the EU Sustainable Finance Disclosure Regulation (SFDR), originally scheduled for Q4 2025, is now likely to be delayed to Q1 2026. This follows the public and targeted… more
 /  Environmental Law, Finance & Banking, International Law & Trade, Securities Law

[Podcast] Patient Assistance Programs: Enforcement Trends and Regulatory Challenges

On this Ropes & Gray podcast, health care partner Michael Lampert and counsel Sam Perrone, and litigation & enforcement partner Andrew O’Connor, rejoin to discuss patient assistance programs, recent enforcement actions, and… more
 /  Health

UK Parliament Committee Recommends Significant Expansion of Corporate Forced Labor Compliance Obligations

On July 25, the UK Parliament’s Joint Committee on Human Rights issued its report Forced Labour in UK Supply Chains. This 99 page report explores forced labor in UK supply chains and makes recommendations for addressing the… more
 /  Business Organizations, International Law & Trade, Labor & Employment Law

Hospital and Health Systems Reimbursement Check July 2025

In the early days of the second Trump Administration, several federal funding agencies announced caps to indirect cost (“IDC”) rates for federally funded research awards. In many cases, these caps would substantially reduce… more
 /  Government Contracting, Health
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