We are pleased to share the July 2025 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,…
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/ Energy & Utilities, Environmental Law, International Law & Trade
SB 261 requires companies with over $500 million in total annual revenue that do business in California to publish a climate-related financial risk report (Risk Report) by January 1, 2026, and every two years thereafter,…
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/ Administrative Law, Business Organizations, Environmental Law
On July 11, 2025, President Trump took the unusual—but no longer rare—step of issuing a divestment order (the Order) on the basis of a recommendation from the Committee on Foreign Investment in the United States (CFIUS). The…
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/ Administrative Law, International Law & Trade, Mergers & Acquisitions
On July 24, 2025, the California Privacy Protection Agency (CPPA) Board voted to approve a long-awaited rulemaking package imposing substantial new compliance obligations on businesses subject to the California Consumer Privacy…
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/ Administrative Law, Privacy, Science, Computers, & Technology
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has announced that it intends to postpone the effective date of the final rule establishing anti-money laundering (AML) and suspicious activity…
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/ Finance & Banking, Securities Law
On July 24, 2025, the Office of Federal Procurement Policy (OFPP) and Federal Acquisition Regulation (FAR) Council published its latest rewrite to the FAR. We previously discussed this rewrite initiative—the Revolutionary FAR…
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/ Government Contracting, Science, Computers, & Technology
The Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) is a first-of-its-kind regulatory framework for “payment stablecoins” and the entities that issue them. For companies honing their stablecoin…
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/ Administrative Law, Commercial Law & Contracts, Finance & Banking
On July 24, 2025, Institutional Shareholder Services Inc. (ISS) announced the launch of its Annual Benchmark Policy Survey. The survey results will inform ISS’s policy development for 2026 and beyond. For the U.S. market, the…
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/ Business Organizations, Science, Computers, & Technology, Securities Law
On July 23, 2025, the White House announced its long-awaited comprehensive AI Action Plan titled “Winning the AI Race: America’s AI Action Plan” (the Plan). The Plan is aimed at positioning the U.S. as the global leader in AI…
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/ Administrative Law, International Law & Trade, Science, Computers, & Technology
On July 23, 2025, the U.S. Securities and Exchange Commission submitted a status report to the U.S. Court of Appeals for the Eighth Circuit regarding the final climate-related disclosure rules. According to the status report,…
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/ Administrative Law, Environmental Law, Securities Law
On July 14, 2025, the European Commission (EC) published its guidelines (the Guidelines) on the protection of minors online. These Guidelines, which were initially released for consultation in May 2025, provide direction for…
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/ Communications & Media Law, Consumer Protection, Privacy
The firm is pleased to distribute the Wilson Sonsini Global Cartel Law Quarterly Q2 2025, which provides a summary of key cartel enforcement trends across the U.S., Europe, and beyond. A “cartel” under competition law is…
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/ Antitrust & Trade Regulation, Government Contracting, International Law & Trade
On July 10, 2025, the European Commission (EC) published the final version of the General-Purpose AI Code of Practice (Code). This voluntary instrument provides guidance on how providers of general-purpose AI models (GPAI),…
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/ Administrative Law, Intellectual Property, Science, Computers, & Technology
In July 2025, the U.S. Office of Management and Budget (OMB) proposed legislative changes to current procurement laws that include a recommendation to provide the National Aeronautics and Space Administration (NASA) with…
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/ Government Contracting, Science, Computers, & Technology
The firm is pleased to distribute the European Antitrust Bimonthly Bulletin, which breaks down the major antitrust developments in Europe in the past two months into concise and actionable takeaways…
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/ Antitrust & Trade Regulation, Art, Entertainment, & Sports Law, Labor & Employment Law
