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  • Article

    Insights From The Latest UK National Security And Investment Act Report

    The UK government's latest annual report on the National Security and Investment Act 2021 reveals significant shifts in enforcement patterns, with total notifications rising 15% while remedy decisions...
    United KingdomGovernment, Public Sector
    Dechert
    Dechert
  • Article

    IRS Issues New Regulations Impacting Foreign Government Investments In The United States

    On December 12, 2025, the U.S. Internal Revenue Service and U.S. Department of Treasury issued proposed regulations, temporary regulations, and final regulations which could substantially affect the way foreign governments make U.S. directed investments.
    United StatesCorporate/Commercial Law
    Dechert
    Dechert
  • Article

    Sélection De Jurisprudence De Droit Social – France | Premier Semestre 2025

    Un travailleur indépendant collabore avec une société comme agent commercial pendant plus de 9 mois. Ensuite, les parties concluent un contrat de travail contenant une période d'essai de 2 mois. L'employeur met fin à la période d'essai dans le délai prévu.
    United StatesEmployment and HR
    Dechert
    Dechert
  • Article

    Navigating Interval Fund Governance: Key Considerations For Fund Directors

    Private markets and closed-end interval funds have seen significant expansion, with the SEC's Investor Advisory Committee endorsing registered interval funds as an optimal vehicle for retail investors seeking private market exposure.
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    The "America First Investment Policy" And Key Takeaways For The Investment Community

    The Trump Administration recently published the "America First Investment Policy" (AFIP), a national security policy memorandum (NSPM), giving early notice...
    GlobalGovernment, Public Sector
    Dechert
    Dechert
  • Article

    Cross-Border And National Mergers, Demergers And Conversions In Luxembourg: The Mobility Directive Implements A New Legal Framework

    A new law (New Law) implementing the EU Directive on cross border conversions, mergers and demergers (Mobility Directive) entered into force on March 2, 2025.
    LuxembourgCorporate/Commercial Law
    Dechert
    Dechert
  • Article

    CSSF Update On Crypto Assets By Luxembourg UCITS And AIFs

    The Luxembourg supervisory authority, the CSSF, has taken two major steps that impact the investment in and the use of crypto assets by Luxembourg UCITS and AIFs.
    LuxembourgFinance and Banking
    Dechert
    Dechert
  • Article

    New Listing Rule Gives Nasdaq Authority To Deny Initial Listings

    Nasdaq proposed a new rule granting the exchange limited discretion to deny initial listing to companies, even where the applicant meets all stated listing requirements...
    United StatesCorporate/Commercial Law
    Dechert
    Dechert
  • Article

    SEC Chairman Touts Greater Transparency And Informed Discourse Through Enhancements To Wells Process And Other Enforcement Practices

    During a Keynote Address at the 25th Annual A.A. Sommer, Jr. Lecture on Corporate, Securities, and Financial Law on October 7, 2025, SEC Chairman Paul Atkins described a series of reforms...
    United StatesCorporate/Commercial Law
    Dechert
    Dechert
  • Article

    AIFMD 2.0 – A Focus On Loan Origination

    Loan origination in the non-banking sector has become a focus of regulators as lending by that sector has grown since the global financial crisis.
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    The Emerging Federal Overlay On Healthcare Transactions, Amid Expanding State Review Regimes

    Federal and state healthcare transparency requirements are rapidly evolving, creating new compliance obligations for private equity sponsors and strategic acquirers in healthcare transactions. As CMS expands ownership disclosure rules and states implement transaction review regimes, deal teams must navigate an increasingly complex regulatory landscape that affects diligence, timing, and closing processes.
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    Dechert Cyber Bits - Issue 85 - November 5, 2025

    In response to ongoing challenges with consistent and timely cross-border enforcement of the GDPR, the European Parliament has approved additional procedural rules to accelerate and clarify cross-border enforcement.
    United StatesPrivacy
    Dechert
    Dechert
  • Article

    Dechert Cyber Bits – Issue 98 – June 25, 2026

    On June 2, 2026, Connecticut signed into law Public Act 26-15, the Connecticut Artificial Intelligence Responsibility and Transparency Act (“the CART Act”), making Connecticut the latest state to enact a comprehensive artificial intelligence...
    United StatesPrivacy
    Dechert
    Dechert
  • Article

    Generic Listing Standards For Crypto And Commodity ETPs: What It Means And What's Next

    Generic listing standards now allow qualifying crypto and commodity exchange-traded products to list without individual SEC approval.
    United StatesTechnology
    Dechert
    Dechert
  • Article

    SEC's Crypto Framework: The New Token Taxonomy

    The SEC issued a formal interpretation of the definition of "security" as applied to certain types of crypto assets and activities involving crypto assets.
    United StatesTechnology
    Dechert
    Dechert
  • Article

    U.S. Department Of Labor Proposes Independent Contractor & Joint Employment Rules

    The Department of Labor has proposed two significant rule changes that could reshape how employers classify workers and determine joint employment relationships under the Fair Labor Standards Act.
    United StatesEmployment and HR
    Dechert
    Dechert
  • Article

    Duration Is Not Destiny: The NAIC's Proposal For Multi-Collateral Structured Credit Investments

    The NAIC has proposed significant revisions to statutory accounting principles that would restrict bond treatment for multi-collateral structured credit investments deemed to carry "significant embedded asset-liability management risk." This analysis examines the regulatory concerns driving the proposal, evaluates whether the proposed framework appropriately addresses those concerns, and identifies potential unintended consequences for insurance company investors and the broader structured credit markets.
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    Dechert Cyber Bits - Issue 75 - May 1, 2025

    Judges in two separate cases in the U.S. Northern District of California ("N.D. Cal.") recently ruled that class actions brought by private plaintiffs under the California Consumer Privacy Act ("CCPA")...
    United StatesPrivacy
    Dechert
    Dechert
  • Article

    CFTC Proposes CPO And CTA Registration Exemptions

    The CFTC has proposed significant amendments to commodity pool operator and commodity trading advisor registration exemptions, potentially restoring relief for CPOs operating pools sold to sophisticated investors without trading limits. This regulatory development could mark the most substantial change for asset managers since 2012, when the prior exemption was rescinded, forcing many managers to either register or restructure their operations.
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    SEC Adopts Third Set Of Amendments To Form PF

    The latest round of revisions to Form PF made a stealthy arrival, with the SEC announcing in mid-February that it adopted the updates without an in-person vote.
    United StatesFinance and Banking
    Dechert
    Dechert

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