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Hogan Lovells

FDA releasing Complete Response Letters for drugs and biologics that have not yet been approved

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The U.S. Food and Drug Administration (FDA) is now releasing complete response letters (CRLs) for BLA and NDA products not yet approved – including CRLs associated with pending or withdrawn applications. ...more

Beveridge & Diamond PC

Preparing for a Wave of Citizen Suits in Texas – Ten Tips for Leveraging the Texas Environmental, Health & Safety Audit Privilege...

As reported previously, we anticipate environmental nongovernmental organizations (eNGOs) to file more citizen suits in response to reduced federal enforcement by the U.S. Environmental Protection Agency (EPA). Some eNGOs...more

Mayer Brown

Illinois Adopts Regulatory Regime for Digital Assets

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On August 18, 2025, Illinois enacted Senate Bill 1797, the Digital Assets and Consumer Protection Act (the “Act”), establishing a regulatory framework designed to enhance customer protections for digital asset activities and...more

Paul Hastings LLP

Colorado Delays Enforcement of AI Act

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On August 28, Colorado Gov. Jared Polis signed SB4, delaying the effective date of the Colorado AI Act (CAIA) from February 1, 2026, to June 30, 2026. Earlier this summer, Gov. Polis called the Colorado Legislature into a...more

Vinson & Elkins LLP

CARB Hosts Public Workshop on California Climate Laws - Updated 9.3.25

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The California Air Resources Board (“CARB”) hosted a public workshop on August 21, 2025 to provide information on Senate Bills 253, 261 and 219 (the “California climate laws”) and solicit feedback from consumers and...more

Jones Day

New Sustainability Reporting Obligations in Mexico

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To facilitate capital flow toward investments that foster economic development by promoting environmental and social sustainability, transparency, and long-term strategies in financial and economic activity, early this year...more

Latham & Watkins LLP

Recent Developments for UK PLCs - September 2025

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On 7 August 2025, the FCA published its review of share buybacks in UK listed equities, which analysed data on share buybacks executed for FTSE 350 issuers, as well as feedback from banks, issuers, investor representatives,...more

Ropes & Gray LLP

California Air Resources Board Publishes Draft SB 261 Guidance

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Last night, the California Air Resources Board (CARB) released draft guidance on the Climate‐Related Financial Risk Act (Health & Safety Code Section 38533/Senate Bill 261). This disclosure mandate will require subject...more

K&L Gates LLP

Europe: UK FCA Plans to Streamline UK Sustainability Reporting

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Following a multi-firm review of sustainability reporting, the FCA has announced that it is considering how to streamline and enhance the UK’s sustainability reporting framework by simplifying disclosures, easing unnecessary...more

A&O Shearman

Transition Finance Update: Creating a Global Framework for Entity-level Transition Finance

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The UK Transition Finance Council (TFC) is consulting until September 19, 2025 on Guidelines on providing entity-level transition finance (Guidelines) to high-emitting and hard to abate sectors....more

K&L Gates LLP

Companies Must Prepare for Complying With California's Climate Disclosure Laws Even Though California Air Resources Board...

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The 2026 reporting deadlines are quickly approaching for California’s Climate Corporate Data Accountability Act (SB 253) and Climate-Related Financial Risk Act (SB 261). The California Air Resources Board (CARB), responsible...more

Orrick, Herrington & Sutcliffe LLP

Illinois enacts two new consumer protection laws regulating digital assets

On August 18, Governor Pritzker of Illinois announced he had signed two comprehensive pieces of consumer protection legislation: The Digital Assets and Consumer Protection Act, which will regulate digital asset companies; and...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Implementing the EU Pay Transparency Directive in Malta - New Obligations Effective From 27 August 2025

The adoption of Legal Notice 112 of 2025—Transparent and Predictable Working Conditions (Amendment) Regulations on 27 June 2025 marks Malta’s first legislative step toward implementing the European Union’s pay transparency...more

Goodwin

FDIC Proposes Greater Flexibility for Digital and ATM Signage Requirements

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On August 19, 2025, the Federal Deposit Insurance Corporation (FDIC) Board of Directors published a Notice of Proposed Rulemaking to update regulations on how banks display the FDIC official digital sign and related...more

DLA Piper

Horizon - ESG Regulatory News and Trends - August 2025

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Welcome to Horizon, DLA Piper’s monthly bulletin reporting on late-breaking legislative and policy developments in ESG. Our aim is to scan the litigation, enforcement, and regulatory horizon to help inform business decisions....more

Sheppard Mullin Richter & Hampton LLP

Illinois Proposes Regulations for Shared Appreciation Agreements Under the Residential Mortgage License Act

On August 15, the Illinois Department of Financial and Professional Regulation proposed regulations to implement recent amendments to the Residential Mortgage License Act of 1987 (RMLA) covering “shared appreciation...more

Troutman Pepper Locke

Illinois Amends Student Loan Servicing Rights Act to Include Educational Income Share Agreements

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On August 15, Illinois Governor JB Pritzker approved Public Act 104-0383. This legislation, effective immediately, amends the Student Loan Servicing Rights Act and introduces Article 7, focusing on Educational Income Share...more

Pillsbury Winthrop Shaw Pittman LLP

Court Declines to Halt Climate Disclosure Laws as CARB Pursues Delayed Rulemaking

New laws take effect January 1 while regulated entities still await implementing regulations from California Air Resources Board....more

A&O Shearman

Prospectus Regime Changes in the EU and UK—A Debt Capital Markets Update

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The EU and UK prospectus regimes govern disclosure requirements for securities offered to the public and/or admitted to trading on a regulated market. Recent and forthcoming changes to these regimes have implications for...more

Akin Gump Strauss Hauer & Feld LLP

California Climate Reporting Laws: CARB Provides New Guidance

The California Air Resources Board (CARB) recently held its second virtual public workshop to provide additional guidance on implementing California’s climate disclosure statutes, SB 253 (Climate Corporate Data Accountability...more

Maynard Nexsen

Important Updates from the Second Public Workshop on California’s Climate Disclosure Rules

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On August 21, 2025, the California Air Resources Board (“CARB”) held its second virtual public workshop on California’s climate reporting laws, Senate Bill 253 (The Climate Corporate Data Accountability Act) and Senate Bill...more

Husch Blackwell LLP

Colorado Delays AI Act Compliance: What Lawyers and Business Leaders Need to Know

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Key point: During Colorado’s legislative special session, which aimed to address budgetary shortfalls resulting from this year’s federal appropriations act, lawmakers approved a delay in the Colorado AI Act’s effective dates....more

Ropes & Gray LLP

US-based Multinationals (and Others) Get More Time Before Singapore Climate Reporting Requirements Kick In

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Over the last few years, we have kept our US multinational company readers current on the progress and timing of Singapore corporate climate reporting. Singapore’s climate reporting requirements capture many larger US-based...more

Mayer Brown

Illinois Proposes Regulations Governing Shared Appreciation Agreements

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Illinois continues to move forward in regulating “shared appreciation agreements.” On August 15, 2025, the Illinois Department of Financial and Professional Regulation proposed regulations implementing the Residential...more

A&O Shearman

EC Publishes Draft Acts Revising REMIT IR and Introducing New Rules for IIPs and RRMS

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The European Commission (EC) has published two draft regulations which aim to modernise and reinforce the transparency and integrity of the EU's wholesale energy markets under Regulation (EU) No 1227/2011 on Wholesale Energy...more

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