In a complex scenario indicative of the rapid expansion and legislative challenges of the crypto industry, two key cryptocurrency regulatory bills have been introduced in the U.S. Senate and House of Representatives, offering somewhat divergent perspectives on how this emergent technology should be governed. This topic has gained special attention from global legal professionals, as…
In light of the recent case in the Court of Federal Claims (COFC), “CACI Inc.–Fed. v. United States”, it’s become compellingly clear that adhering to post-government employment restrictions is paramount. In a decision that could potentially impact thousands of corporations and law firms, the COFC upheld a contracting officer’s decision to exclude CACI from competing…
The ‘State of R&C Report’ has recently highlighted a critical issue — the inconsistent commitment to compliance by mid-level management. Ethics and compliance are two sides of the same coin. Compliance refers to adherence to laws, while ethics signifies action that is deemed right regardless of what the law stipulates. Conventionally, compliance has been viewed…
The UK government, through its HM Treasury, has recently published its response to the Short Selling Regulation Review. The review centered on the proposed UK short selling regime, an area of great interest to legal professionals working in international corporations and law firms. As part of the broader Brexit restructuring, the future UK short selling…
In the wake of the recent Minnesota legislative session, employers with Minnesota-based employees can expect a number of changes in the state’s employment laws. These alterations could significantly impact their policies and procedures, therefore awareness and understanding of these changes is paramount. As reported previously on JD Supra, the new laws include a ban on…
For those closely monitoring the regulatory landscape, particularly in the realm of environmental law, it is crucial to understand the forthcoming changes disclosed by the United States Environmental Protection Agency (“EPA”). Recently, the agency published its Spring 2023 Semi-Annual Agenda of Regulatory and Deregulatory Actions (the “Agenda”), albeit somewhat later than expected. This comprehensive agenda,…
The U.S. Small Business Administration’s 8(a) Business Development Program, used to aid small businesses in competing in the American economy and accessing the federal procurement market, could be impacted by recent U.S. Supreme Court decisions. The rulings pertaining to affirmative action programs in higher education admissions could have profound implications for racially conscious programs in…
The recent publication of the UK Investment Research Review report has indicated a further divergence between the European Union (EU) and the United Kingdom (UK) in unbundling research rules. With recommendations provided in the report accepted by the UK government, it signifies the next move in the somewhat unpredictable chess game of UK-EU financial regulation…
The Department of Justice (DOJ) of Hong Kong has taken a step further to appeal the High Court’s judgement, which initially refused to grant an injunction prohibiting the popular protest song titled “Glory to Hong Kong”. Secretary for Justice Paul Lam on behalf of the DOJ, applied for the injunction, with the intent to uphold…
In a move to increase protections for service sector workers, New Jersey’s Governor Phil Murphy signed into law a piece of legislation known as the “Service Worker Retention Law” (S2389/A4682) on July 24. This step has garnered considerable attention, especially among large corporations and law firms hiring extensively in the services sector. The bill’s mandate…
Recently, a considerable amount of attention has been directed towards compliance issues tied to the government’s “Buy America” solicitations. An informative piece by the Braumiller Law Group, PLLC on JD Supra brings to light the difficulties that companies are facing, and successfully identifies the importance of establishing an effective reporting structure for trade compliance. To…
The Office of Federal Contract Compliance Programs (OFCCP) has issued a Final Rule that reverses many enforcement procedures that were established during the Trump Administration. This represents a noted departure in policy, pointing towards a shift back to the administrative conditions that characterized the OFCCP under the Obama administration. This is potentially a return to…
In recent years, multinational corporate behemoths have turned to some innovative strategies in the quest to minimize their tax obligations. Tax inversion is one such tactic that is gaining prominence. To put it simply, tax inversion involves a company relocating its headquarters to a country with a lower tax rate. One company that has drawn…
The union between Dentons and Dacheng, forged in 2015 to shape the world’s largest law firm with over 6,000 attorneys, has seen a remarkable expansion to approximately 12K lawyers since. Nonetheless, this vast establishment is in the process of its imminent closure as Dacheng opts to separate from the Dentons umbrella. Dentons secures its continued…
The UK government is taking a bold step to tackle immigration fraud, with the launch of a special task force. The purpose of this task force is to single out and prosecute immigration lawyers facilitating false asylum claims. Home Secretary Suella Braverman has called out these lawyers, stating their corrupt practices ought to be eradicated…
The United Kingdom government has recently delineated its plan to revoke European Union financial services laws. This move follows the finalisation of the Financial Services and Markets Act 2023, which is an integral part of the government’s strategy to establish a unique financial services regulatory framework for the nation. As part of the initiative, HM…
The National Labor Relations Board (NLRB), an agency responsible for enforcing US labor laws, has recently announced it will begin a more stringent inspection of employer policies to ensure compliance with the United States’ National Labor Relations Act (NLRA). This move was marked by the NLRB’s recent rejection of a relatively employer-friendly standard, in favor…
The upcoming 2023 Healthcare Enforcement Compliance Conference, scheduled from November 5th to 7th in Washington, DC, promises to offer invaluable insights for legal professionals and entities operating within the healthcare sphere. Owing to its importance, the conference has attracted the attention of numerous experts and stakeholders in the field, all eager to gain a deeper…
In a significant move for corporate legal professionals working within international trade, the Court of Appeals for the Federal Circuit (CAFC) has refused to reverse a Court of International Trade (CIT) decision concerning a reliquidation order. The case in question involved a dispute between Target Corporation and the United States government. This refusal by the…
As reported by JD Supra, the UK Financial Conduct Authority (FCA) began seeking public opinion on its proposed Rule Review Framework on July 14, 2023. This move comes in the wake of significant regulatory changes brought about by the Financial Services and Markets Act 2023. The referenced act impulsively increases the power of UK regulators…
In a recent episode, Tom Howerton once again graced Jdsupra viewers with his insight, this time extensively treating the impact of NIST 800-53 Rev. 5 on organizational cybersecurity. This latest rendition of security guidelines issued by the National Institute of Standards and Technology (NIST) has expanded its sphere of influence to deal not just with…
Gilbert + Tobin, an esteemed Australian law firm, recently added a new member to its partnership fold. Drawing expertise from competitors, the firm has recruited a specialist renewable energy lawyer from Ashurst, highlighting an increased demand for professionals versed in the sectors of projects and infrastructure law. Although it’s not uncommon for legal firms to…
On August 1, 2023, the U.S. Environmental Protection Agency (EPA) declared the first set of product and service categories that were selected for the expansion of its Recommendations of Specifications, Standards, and Ecolabels for Federal Purchasing. The announcement plays a role in a more extensive effort that was previously declared last year to widen the…
In an ongoing scrutiny of events surrounding the 2020 U.S. Presidential Election, former U.S. President Donald Trump has reportedly contested what he deems an overly restrictive protective order proposed by federal prosecutors. According to details available from a Law360 report, the proposed order pertains to the handling of sensitive discovery materials in a case indicting…
A recent survey published by the UK Association of Prison Lawyers (APL) reveals a concerning trend among prison lawyers, indicating a significant reduction in numbers due to inadequate legal fees. The exhaustive and underpaid work expected of these legal professionals have reportedly pushed prison law legal aid work past the point of sustainability. The survey…