In recent weeks, global markets have experienced a dramatic increase in volatility in reaction to the coronavirus (COVID-19) pandemic.

In a landmark enforcement action related to a bank data breach, the Office of the Comptroller of the Currency ("OCC")

Yesterday, the U.S. Department of Commerce, Bureau of Industry and Security (BIS) published a final rule (the Final Rule)

Global Crisis Management Series: This post is part 15 in a series concerning topics further elaborated on in Cleary Gottlieb's Global Crisis Management Handbook...

A two-minute global status update two and a half months after the Schrems II judgment of the CJEU: we are still in the dark, but there is hope for light at the end of the 2020 tunnel.

On June 23rd, the Supreme Court of New York, Commercial Division, issued a preliminary injunction temporarily halting a UCC mezzanine foreclosure sale on the grounds that the proposed...

The Federal Reserve and the FDIC approved a final resolution planning rule (the "Final Rule") significantly revising the original rule adopted in 2011.

On the evening of December 9, 2019, a U.S. congressional conference committee released the compromise version of the National Defense Authorization Act for Fiscal Year 2020...

The World Health Organization has now declared COVID-19 a pandemic, and as more businesses begin to face the impacts of quarantines and travel restrictions

Yesterday, Congress passed the Paycheck Protection Program Flexibility Act ("PPP Flexibility Act") that revises the PPP to provide borrowers with additional time and flexibility...

On June 26, 2020, Regulation (EU) 2020/873 amending the Capital Requirements Regulation to make a comprehensive set of adjustments in response to the COVID-19 pandemic ("CRR Quick Fix")

As an update to our post on March 27, the Department of Labor ("DOL") continues to issue various guidance about its implementation of the Families First Coronavirus Response Act (the "FFCRA").

Last month, we described the increased threat of activists and acquirors seeking to capitalize on the COVID-19 sell-off to build positions in high-value companies at depressed prices. Even before the current crisis emerged...

By a decree-law (No. 76) published on July 16, 2020 (the "Simplification Decree") , the Italian Government adopted a new set of rules, aimed primarily at Italian listed companies...

In what appears to be an industry-wide sweep involving American Depositary Receipts ("ADRs"), over the last few years the SEC has brought enforcement actions against 13

Its August 8, 2019 proposal addresses simplification of three items in Regulation S-K that have not been revised for more than 30 years:

At this time, it is uncertain which sanctions provisions will pass the conference committee as a part of the final NDAA.

On May 8, 2019, President Trump issued a new Executive Order expanding secondary sanctions against the iron, steel, aluminum, and copper sectors of Iran.

The Examination Observations are one part of a Commission-wide focus on cybersecurity.

Without proper messaging and communications from senior management, there is a real risk of losing senior management credibility.