As a result of international sanctions and reputational concerns, many foreign investors with interests in Russia have already exited the country or are contemplating doing so. Whether an investor decides to exit or stay, the decision carries significant risks. This note focuses on the relevant international law considerations. Section 1 […]

On February 11, 2022, the United States District Court for the District of Connecticut denied a motion to dismiss a putative securities class action asserting claims under the Securities Exchange Act of 1934 (“Exchange Act”) against a consumer financial services company that issues private-label credit cards and certain of its […]

On April 8, 2020, the Securities and Exchange Commission (the SEC) adopted rule amendments to require business development companies (BDCs) and closed-end funds registered under the Investment Company Act (Registered CEFs, and together with BDCs, the Affected Funds) comply with certain structured data and Inline XBRL requirements. Once effective, the […]

The turn of a new year has brought new UK regulatory developments that have the potential to significantly impact financial services and other financially regulated businesses. This update highlights the key changes in the UK market from consultations undertaken by the Financial Conduct Authority (“FCA“) and HM Treasury (“HMT“) that […]