ArticleSEC Creates Enforcement Task Force To Assess ESG-Related DisclosureThe Division of Enforcement's new Climate and ESG Task Force will use data analysis to mine and evaluate registrant information for possible violations.United StatesCorporate/Commercial LawLatham & Watkins LLP
ArticleFCA Enhances Climate-Related Disclosures For Listed CompaniesOn 21 December 2020, the Financial Conduct Authority (FCA) confirmed in a published Policy Statement.United StatesEnvironmentLatham & Watkins LLP
ArticleItalian Constitutional Court Publishes Grounds Of Its Decision On The Constitutional Legitimacy Of the "Spalma-Incentivi" DecreeOn December 7, 2016, the Italian Constitutional Court rejected on appeal the claim that the new state incentives scheme, which applies retrospectively to the renewable energy sector, was unconstitutional.ItalyEnergy and Natural ResourcesLatham & Watkins
ArticleGood News For Employers: U-Turn In Case Law On Fixed-Term Contracts With A Specific Reason In The Case Of "Prior Employment"Pursuant to s.14(2) of the German Part-Time and Fixed-Term Act (Teilzeit- und Befristungsgesetz) (the Act) the term of an employment contract may be fixed without a particular reason for up to two years, provided that the other conditions for fixing the term are met.GermanyEmployment and HRLatham & Watkins
ArticleNew Voluntary Compliance Program For The Reclassification Of WorkersAs previously detailed in The Working World, Issue 8, June 2010, the misclassification of an individual service provider as an independent contractor or an employee can have serious implications for employers.United StatesEmployment and HRLatham & Watkins
ArticleThe Perils Of Using AI (As Learned By Lawyers Representing Anthropic)Anthropic is one of the world's leading AI companies through its LLM Claude. Latham & Watkins is one of the world's leading law firms. Mix them together, and you end up with today's latest cautionary tale of over-reliance on AI by lawyers.United StatesTechnologyBoies Schiller Flexner LLP
ArticleLandmark Right Of Abode Ruling For Foreign Domestic Helpers In Hong KongOn September 30, 2011, the Hong Kong Court of First Instance issued a landmark decision concerning the rights of foreign domestic helpers in Hong Kong.Hong KongImmigrationLatham & Watkins
ArticleIndia Announces That It Will Now Recognize And Enforce Arbitral Awards From China And Hong KongThe Indian Ministry of Law and Justice has declared that arbitral awards made in China (including Hong Kong and Macau) may be recognized and enforced by Indian courts. This will come into effect once the Indian Central Government has provided notification in the Official Gazette. IndiaLitigation, Mediation & ArbitrationLatham & Watkins
ArticleChanges To UK Pensions Section 75 Debt RegimeIn a UK multi-employer pension plan, when a participating employer ceases to participate in the plan at a time when one or more of the other employers continue to participate (which in this context means continuing to employ active members who are accruing benefits under the plan). United KingdomEmployment and HRLatham & Watkins
ArticleFinancial Services Trade Organizations Publish Principles For Regulatory Sustainability TransitionThe principles are intended to guide the industry's engagement with policymakers concerning the ongoing economic transition away from carbon.United StatesFinance and BankingLatham & Watkins LLP
ArticleFirsts For UK SFO With In Principle False Accounting DPA, And For FCA With Market Abuse Compensation, Against TescoFollowing a two-year investigation, Tesco PLC has announced that its subsidiary Tesco Stores Limited had agreed in principle the terms of a Deferred Prosecution Agreement with the UK Serious Fraud Office.United KingdomComplianceLatham & Watkins
ArticleThe Erosion Of Cost Caps – At The Expense Of Bona Fide Environmental Challenges?Key changes to the Protective Cost Order regime (PCO) came into force on 28 February 2017, which could directly limit the ability of individuals and organisations to bring environmental-related legal challenges in England and Wales.United KingdomEnvironmentLatham & Watkins
ArticleNFTs: But Is It Art (Or A Security)?As the current crypto boom has progressed, it seemed Decentralized Finance (DeFi) had cemented its position as the dominant new narrative of this cycle.United StatesTechnologyLatham & Watkins LLP
ArticleChina's Securities Regulator Issues New Green Bond GuidelinesThe China Securities Regulatory Commission (CSRC) released new guidelines (the Guidelines) on the issuance of green bonds on March 2, 2017...ChinaCorporate/Commercial LawLatham & Watkins
ArticleTraditional UK Employment Law Means Gig Economy Could Be Hard Work For Private Equity Companies that operate in the "gig economy", using a largely self-employed workforce, have enjoyed enormous growth in recent years but in the UK, these companies have come into conflict with long-established UK employment law.United KingdomEmployment and HRLatham & Watkins
ArticleHuman Rights Considerations Proposed For Inclusion In UK Trade BillOn 7 December 2020, the UK House of Lords voted on and passed four amendments to the Trade Bill (the Bill), including two amendments referring to human rights obligationsUnited StatesInternational LawLatham & Watkins LLP
ArticleMiddle East & Africa Technology, IP and Sourcing Focus, Vol. 1 - December 2011Welcome to the first edition of our monthly Middle East & Africa Technology, IP and Sourcing Focus — your source for know-how, recent news and developments in technology, intellectual property and sourcing across the Middle East and Africa. South AfricaEmployment and HRLatham & Watkins
ArticleBenchmarks: Delegated Acts On ESG Disclosures Published And Transitional Period For Third Country Benchmarks ExtendedThree delegated acts that supplement the EU Benchmarks Regulation will come into force on 23 December 2020.United StatesFinance and BankingLatham & Watkins LLP
ArticleSettlement Of Digital Asset Trading Just Got EasierSEC relief streamlines noncustodial settlement of digital asset trades, but broker-dealer custody is still off-limits.United StatesTechnologyLatham & Watkins LLP
ArticleCalifornia To Require 100% Zero-Emission Passenger Vehicle Sales By 2035On September 23, 2020, California Governor Gavin Newsom signed Executive Order N-79-20, which will have sweeping implications for the oil and gas industry, automakers, low-carbon fuel producers...United StatesTransportLatham & Watkins LLP