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  • Article

    UK Says Cryptoassets Can Be Property And Smart Contracts Are Enforceable

    In a welcome development for the cryptoasset industry, the UK Jurisdiction Taskforce (UKJT) has issued a legal statement on cryptoassets and smart contracts, recognising for the first time...
    United KingdomTechnology
    Hogan Lovells
    Hogan Lovells
  • Article

    FASB Requests Comments On Accounting For LIBOR Transition

    The Financial Accounting Standards Board ("FASB") requested comments on a proposed "Accounting Standards Update" aimed at easing potential accounting burdens on loan market participants
    United StatesAccounting and Audit
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Government Contractor To Pay Penalty For Recordkeeping And Accounting Failures

    Government contractor L3 Technologies Inc. ("L3") agreed to pay a $1.6 million penalty to settle SEC charges alleging recordkeeping and internal accounting failures.
    United StatesAccounting and Audit
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    SEC Enforcement's Chief Accountant To Leave Agency

    SEC Division of Enforcement Chief Accountant Michael Maloney will leave the agency next month.
    United StatesAccounting and Audit
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    SEC Initiates Proceedings Against Engagement Partner In Venture Fund Audit

    The SEC initiated administrative proceedings against a partner of an accounting firm who served as "engagement partner" for the independent audits of a venture capital fund.
    United StatesAccounting and Audit
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    SEC Names Chief Accountant In Division Of Corporation Finance

    The SEC named Kyle Moffatt as Chief Accountant in the Division of Corporation Finance (the "Division").
    United StatesAccounting and Audit
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    DOJ And Federal Maritime Commission To Cooperate On Antitrust Enforcement

    The DOJ Antitrust Division and the Federal Maritime Commission entered into a Memorandum of Understanding ("MOU"), which sets forth the terms for agency cooperation on antitrust enforcement in the U.S.-international ocean liner shipping industry.
    United StatesAntitrust/Competition Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Federal Register: FTC Amends Rules And Form Instructions For HSR Premerger Notification

    The Federal Trade Commission amendments designed to clarify the Hart-Scott-Rodino Act Premerger Notification Rules and simplify filing instructions for the corresponding report ...
    United StatesAntitrust/Competition Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    FTC Bureau Of Competition Director To Step Down

    FTC Bureau of Competition Director D. Bruce Hoffman will leave the agency in November 2019. FTC Chair Joe Simons stated that he intends to appoint Ian R. Conner
    United StatesAntitrust/Competition Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    FTC, DOJ Implement Temporary Suspension Of Early Termination Grants For HSR Filings

    The FTC and the DOJ Antitrust Division (the "agencies") implemented a temporary suspension of early termination grants for filings under the Hart-Scott-Rodino Act ("HSR filings").
    United StatesAntitrust/Competition Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    FTC Policy and Planning Director Reports Agency Review Of Anticompetitive Implications Of "Common Ownership" Investments

    In a speech at the Georgetown University Law Center, FTC Office of Policy Planning Director Bilal Sayyed
    United StatesAntitrust/Competition Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Moral Money (Newsletter)

    Antitrust partner Joel Mitnick shares his thoughts on the potential for antitrust-related risks facing industry-based green initiatives.
    United StatesAntitrust/Competition Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    President Biden Will Nominate Jonathan Kanter To Lead DOJ Antitrust Division

    President Joseph R. Biden stated that he will nominate Jonathan Kanter to serve as Assistant Attorney General of the DOJ's Antitrust Division.
    United StatesAntitrust/Competition Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Biden Administration Takes Aim At ‘Junk' Fees

    The CFPB's guidance, described in this article, is significant for all depository institutions but especially those that rely on deposit fee revenue.
    United StatesConsumer Protection
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    CFPB To Issue New Payday Rule In 2019

    The Consumer Financial Protection Bureau ("CFPB") stated that it expects to issue proposed rules in January 2019 aimed at (i) amending the Payday, Vehicle Title, and Certain High-Cost Installment Loans rule and (ii) delaying the rule's compliance date.
    United StatesConsumer Protection
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Effective Date Set For FTC Amendments To Affiliate Marketing Rule

    The amendments, which correspond to amendments to the Fair Credit Reporting Act, go into effect on October 18, 2021.
    United StatesConsumer Protection
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Federal Register: CFPB Reestablishes Consumer Advisory Board

    The Consumer Financial Protection Bureau ("CFPB") reestablished the Consumer Advisory Board, as required by the Federal Advisory Committee Act.
    United StatesConsumer Protection
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Federal Register: CFPB Updates Summaries Of Rights Under Fair Credit Reporting Act

    The Consumer Financial Protection Bureau adopted an interim final rule creating a "new notice of rights" that may be required to be distributed to consumers.
    United StatesConsumer Protection
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Senate Confirms CFPB Director

    The U.S. Senate confirmed Rohit Chopra as Director of the CFPB.
    United StatesConsumer Protection
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Coronavirus Keeps Foreigners From Getting EINs

    IRS office closures due to COVID-19 may be preventing foreign entities from obtaining new EINs.
    United StatesCoronavirus (COVID-19)
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader

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