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  • Article

    China Continues Steady Opening Up Of Financial Services Sector

    A recent announcement by Chinese authorities includes removing caps on foreign ownership in the financial services sector, and sets a clear roadmap to implement the reforms aimed at expanding foreign investment in China.
    ChinaFinance and Banking
    Morgan Lewis
    Morgan Lewis
  • Article

    FASB Revised Guidance Will Decrease Discontinued Operations Treatment

    The FASB recently issued an Accounting Standards Update that should reduce reporting of discontinued operations (disc ops) in some circumstances.
    United StatesAccounting and Audit
    Morgan Lewis
    Morgan Lewis
  • Article

    IIRC And GISR Agree to Memorandum Of Understanding

    Two private sector organizations recently announced cooperative efforts that will likely influence the nature of disclosures by public companies that are regarded as best practices.
    United StatesAccounting and Audit
    Morgan Lewis
    Morgan Lewis
  • Article

    Update: FASB Insurance Contracts Proposal Will Not Apply To Non-Insurance Companies

    At a recent meeting, the FASB decided to limit the scope of its proposed Accounting Standards Update to insurance companies only, rather than having the insurance contracts project include all entities that issue insurance contracts.
    United StatesAccounting and Audit
    Morgan Lewis
    Morgan Lewis
  • Article

    Buy Now, Pay Later: Balancing Credit Access With Consumer Protection

    Driven by an increase in online and mobile app shopping during the COVID-19 pandemic, the "buy now, pay later" (BNPL) market has experienced exponential growth.
    United StatesConsumer Protection
    Morgan Lewis
    Morgan Lewis
  • Article

    Massachusetts Employers Prepare For Employment Law Changes

    The pending proposals include a ban on noncompete agreements and a boost to the minimum wage.
    United StatesEmployment and HR
    Morgan Lewis
    Morgan Lewis
  • Article

    Philadelphia Empowers Agency To Shut Down Discriminating Businesses

    Businesses in the "City of Brotherly Love and Sisterly Affection" must now take this slogan seriously, ensuring no discrimination against patrons, or risk being shut down.
    United StatesEmployment and HR
    Morgan Lewis
    Morgan Lewis
  • Article

    FERC Issues Final Rule On Electric Storage Participation In Wholesale Markets

    In a landmark rulemaking announced at today's open meeting, the Federal Energy Regulatory Commission (FERC or Commission) opened participation in organized wholesale markets to electric storage resources.
    United StatesEnergy and Natural Resources
    Morgan Lewis
    Morgan Lewis
  • Article

    FERC, PHMSA Announce New Framework To Streamline Review Of LNG Facility Applications

    The Federal Energy Regulatory Commission and the US Department of Transportation's Pipeline and Hazardous Materials Safety Administration released a Memorandum of Understanding on August 31.
    United StatesEnergy and Natural Resources
    Morgan Lewis
    Morgan Lewis
  • Article

    NRC Staff Issues Findings From 2021 Decommissioning Status Reports

    The NRC staff recently issued findings from their review of the 2021 decommissioning funding status (DFS) reports submitted by power reactor licensees and licensees of power reactors in decommissioning.
    United StatesEnergy and Natural Resources
    Morgan Lewis
    Morgan Lewis
  • Article

    Strong Growth Forecast For Energy Storage Highlights Challenges For Grid Operators

    For years, the US electric power industry has witnessed a steady uptick in the total capacity of deployed energy storage resources.
    United StatesEnergy and Natural Resources
    Morgan Lewis
    Morgan Lewis
  • Article

    Update: Last Obstacle Cleared For Mexican Energy Reform

    Minimum number of required state legislatures approves the much-anticipated reform; subsequent litigation imminent.
    United StatesEnergy and Natural Resources
    Morgan Lewis
    Morgan Lewis
  • Article

    MA Audit: Hospices Unaware Of Dual Eligibles Medicaid Filing Rule, Causing Potential Overpayments

    The US Department of Health and Human Services, Office of Inspector General (OIG) recently transmitted a memorandum to the Center for Medicaid and CHIP Services detailing the findings...
    United StatesFood, Drugs, Healthcare, Life Sciences
    Morgan Lewis
    Morgan Lewis
  • Article

    OIG Proposes Rules on Free Transportation, Hospital Gainsharing, and Other Access to Care Arrangements

    . The proposed rule to give providers more protections to promote beneficiary access to care solicits significant industry input.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Morgan Lewis
    Morgan Lewis
  • Article

    Rare Grant Of Request For Rehearing In Biologics-Related IPR

    The PTAB rarely grants such requests—the grant rate has ranged from just 1.5% to 3.6% of requests over the last four years.
    United StatesIntellectual Property
    Morgan Lewis
    Morgan Lewis
  • Article

    New York Attorney General Releases Guide On Credential Stuffing Attacks

    We have heard time and time again that we should not reuse passwords across accounts—if a cybercriminal were to obtain access to the password of one account...
    United StatesPrivacy
    Morgan Lewis
    Morgan Lewis
  • Article

    ALTA Leasehold Endorsement—One Size Does Not Fit All

    Companies should carefully consider the Endorsement's application to their particular properties before finalizing.
    United StatesReal Estate and Construction
    Morgan Lewis
    Morgan Lewis
  • Article

    New York State Tax Reform Update

    Qualified manufacturers subject to the New York State Business Corporation Tax may now pay no tax on business income earned in New York.
    United StatesTax
    Morgan Lewis
    Morgan Lewis
  • Article

    FERC Extends Compliance Deadline for Version 4 CIP Reliability Standards

    On August 12, 2013, FERC issued an order extending the deadline for responsible entities to comply with the Version 4 Critical Infrastructure Protection (CIP) Reliability Standards. Responsible entities now have until October 1, 2014 to comply; the previous deadline, established in Order No. 761, was April 1, 2014.
    United StatesEnergy and Natural Resources
    Morgan Lewis
    Morgan Lewis
  • Article

    The UK Bribery Act: Long-Awaited Guidance Issued

    On 30 March, the United Kingdom Ministry of Justice issued long-awaited guidance for business organisations preparing for the implementation of the UK Bribery Act (the Act), now scheduled for 1 July 2011.
    GlobalCriminal Law
    Morgan Lewis
    Morgan Lewis

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