On November 27, 2012, the Consumer Financial Protection Bureau ("CFPB") issued a bulletin ("Bulletin") announcing the agency’s intent to propose amendments to its not-yet-effective final rule on foreign remittance transfers that was issued earlier this year and scheduled to become effective on February 7, 2013 ("Remittance Rule").

On July 1, 2011 the PRC Social Insurance Law, issued by the Standing Committee of the National People’s Congress ("SIL"), took effect and established the first national, basic social insurance framework for employees across the PRC.

On July 27, 2012, the CSRC issued the Provisions on Issues in relation to the Implementation of the "Administrative Measures for Domestic Securities Investment by Qualified Foreign Institutional Investors".

On November 7, 2011, the Bureau of Consumer Financial Protection ("CFPB") announced its intent to implement an Early Warning Notice process to provide subjects of potential enforcement action, with notice of the possible action, and an opportunity to submit a written response before the CFPB initiates enforcement action.

This Stay Current focuses on four significant recent cases in England which may have implications for those looking to enter into any English law contracts and agreements, particularly in the context of mergers and acquisitions.

The California Attorney General has issued long-awaited modified proposed regulations implementing the California Consumer Privacy Act of 2018 on February 7 and February 10, 2020, which contain a number of ...

In this edition of our UK Securities Law Update we look at the proposals contained in the HM Treasury's latest consultation paper on the reforms to the UK financial services regulatory architecture.

In a development that should be heeded by any U.S. company with overseas operations, on October 9, 2012, the Obama Administration implemented key provisions of the Iran Threat Reduction and Syria Human Rights Act of 2012.

A secured lender’s well-worn tools to protect its security interest have included the right to credit bid when its collateral is being sold.

The new disclosure is required regardless of whether the compensation consultant is hired by management, the compensation committee or any other committee of the board.

Review of Investment Funds Necessary to Fulfill Fiduciary Obligations: The Assistant Secretary for Employee Benefits Security at the U.S. Department of Labor ("DOL") issued a written statement this week indicating that 401(k) plan<SUP>1</SUP> fiduciaries should undertake a review of their plans’ mutual fund investment options in light of recent investigations and other regulatory developments in the industry.

The second quarter of 2012 saw a new level of media attention focused on the enforcement of the Foreign Corrupt Practices Act ("FCPA"), indicating that the press and the public, not just the government, are taking an increased interest in anti-corruption enforcement.

Following 2010’s record year of Foreign Corrupt Practices Act ("FCPA") enforcement, 2011 began steadily with four company and seven individual defendants – one of which included a blockbuster forfeiture – and with a flurry of litigation activity challenging DOJ’s prosecution theories and tactics.

When a manager makes an employment decision without considering the protected characteristics of those involved, we would ordinarily think that, almost by definition, a plaintiff could not make out a claim of intentional discrimination.

The San Francisco Superior Court has denied a challenge to the California Air Resources Board's Cap-and-Trade Regulation.

Today, the United States Supreme Court held that a generic drug manufacturer who is sued for infringement of a method-of-use patent pursuant to the Hatch-Waxman Act may assert a counterclaim alleging that the use code listed in the Orange Book inaccurately characterizes the uses claimed in the listed patent and requesting that the branded drug manufacturer correct the use code characterization accordingly.

The California Supreme Court has recently issued its much-anticipated opinion in Apple Inc. v. Superior Court.

On Election Day, Colorado and Washington became the first states to legalize the recreational use of marijuana.