On 22 February 2022, the UK designated five Russian banks and three individuals with close ties to the Kremlin in response to Russia's recognition of the independence of the Donetsk and Luhansk regions in Eastern Ukraine.

Financial institutions that are resident or carry on business in the UK are required to provide their UK tax-resident individual customers with a one-off notice, in a form that has been prescribed by HMRC under new regulations.

During the past few months, the Delaware Chancery Court has issued a number of important corporate law decisions, including two last week.

On 13 December 2021, National Westminster Bank Plc (‘NatWest') was sentenced at Southwark Crown Court for three offences contrary to the UK Money Laundering Regulations 2007 (the ‘Regulations')...

The Federal Trade Commission ("FTC") recently published guidance concerning COVID-19 ("COVID") related personal data that companies have collected during the COVID pandemic.

Effective August 16, 2021, the Securities and Exchange Commission (SEC) adjusted upward the assets-under-management and net worth thresholds in the definition of "qualified client" under Rule 205-3...

On December 15, 2021, the Securities and Exchange Commission ("SEC") voted 3-2 to propose three rules under the Securities Exchange Act of 1934 ("Exchange Act") concerning security-based swaps.

The recent rulings in NTN v. Stellantis and O'Higgins and Evans by the Court of Appeal and the Competition Appeal Tribunal provide guidance on the necessary requirements ...

On November 26, 2021, the Organization for Economic Cooperation and Development (the "OECD") issued a revised Recommendation for Further Combating Bribery of Foreign Public Officials...

Marwood provides hedge funds and other clients with regulatory updates and insights into developments and the potential timing of future government actions or rulemaking decisions.

On December 7, the Financial Crimes Enforcement Network ("FinCEN") issued a Notice of Proposed Rulemaking (the "Proposed Rule") to implement one of the most significant features...

The Federal Trade Commission ("FTC") under Chair Lina Khan has taken a number of steps that signal significant changes to the way the agency approaches data privacy and data protection...

New antitrust merger developments, particularly at the Federal Trade Commission ("FTC" or "Commission"), have added hurdles to obtaining Hart-Scott-Rodino ("HSR") clearance and completing divestitures.

The National Association of Insurance Commissioners (the "NAIC") will hold its 2021 Fall National Meeting (the "Fall National Meeting") from December 11-16, 2021.

The Staff of the Securities and Exchange Commission's (SEC) Division of Examinations (Division) published a risk alert on April 9, 2021,1 highlighting observations of the Division Staff (Staff)...

Being a sustainable company is no longer a question of choice, but more and more an obligation.

On 23 February 2022, the General Court of the European Union (the "General Court") issued a landmark judgment dismissing a request to hold the European Commission (the "Commission") ...

On September 29, 2021, the Commodity Futures Trading Commission's ("CFTC") Division of Market Oversight ("DMO" or "Staff") issued a staff advisory that provides guidance on when certain entities may be required...

On 21 July 2021 the UK Government announced that the mandatory notification regime of the UK National Security and Investment Act 2021 (NSI Act) will come into force on 4 January 2022.

On November 18, 2021, the staff of the Federal Energy Regulatory Commission's Office of Enforcement ("OE" or "Staff") issued its 2021 Report on Enforcement (the "Report")...