Investors increasingly are directing capital to sustainable investment strategies that reflect environmental, social and governance (ESG) factors. This substantial growth in ESG investing is occurring against the backdrop of an evolving regulatory environment, with different US regulators, such as the Securities and Exchange Commission (SEC) and the Department of Labor (DOL) taking divergent approaches. Given that climate change and racial equality have been identified as key priorities for the Biden administration, we expect a significant shift in the US regulatory approach to ESG, although it may take some time for that regulatory framework to emerge. Meanwhile, the SEC Examination and Enforcement Staff will likely focus their efforts on identifying what they view to be inaccurate or incomplete disclosure on ESG-related issues, and on misconduct involving the management and sale of ESG investment products by asset managers and financial intermediaries.
On March 18, 2021, the US State Department (State) published a Federal Register notice that formally outlines the various US export…
On March 29, 2021, the Commerce Department announced that it is submitting a notice announcing a delay in the March…
In brief Welcome to Baker McKenzie’s new Labor and Employment video chat series for US employers. Our lawyers will provide quick, practical tips on today’s most pressing issues for US employers navigating the new normal. The videos complement our blog, The Employer Report, which provides written legal updates and practical insights…
In brief As the transition period after the Brexit will expire on 31 December 2020, time is running out…
On March 29, 2021, US Customs and Border Protection (CBP) will publish in the Federal Register a notice of finding that certain…
In brief Please join us for a new weekly video series, hosted by Baker McKenzie’s North America Government Enforcement partners Tom Firestone and Jerome Tomas. This weekly briefing is available on demand and will cover hot topics and current enforcement actions related to white collar crime and criminal investigations in the…
In brief Shelter-in-place or stay-at-home orders have been prevalent throughout the United States since March 2020 as state…
Our 18th Annual Global Trade and Supply Chain Webinar Series entitled, “International Trade & Developments in a World…
On March 26, 2021, the Office of the United States Trade Representative (USTR) announced the next steps in its Section 301 investigations of Digital Service Taxes (DSTs) adopted or under consideration by ten US trading partners. In January, USTR found that the DSTs adopted by Austria, India, Italy, Spain, Turkey, and the…