Insights
The UK’s New Regime for Carried Interest Taxation — Key Updates in the Finance (No. 2) Bill
German Federal Government Publishes Draft Law on Application and Enforcement of the EU Data Act
SEC Staff Issues No-Action Letter for Fuse Crypto Token
Resource
The Latham FPI Guide
Updated guide includes the topics that are of most interest to foreign private issuers and their advisors when engaging in US capital markets transactions.
Latham in Focus Video Series
The Book of Jargon Series – Word of the Day®
The Book of Jargon® is a series of practice area and industry-specific glossaries published by Latham & Watkins.
Prospectus
a marketing document included in the Registration Statement filed with the SEC that registered or public offerings are effected through. Plural is “Prospectuses.”
Bad Faith
generally means dishonest and/or otherwise intentionally unacceptable behavior without justification and/or with an intent to deceive or disrupt, although the precise meaning varies with the Applicable Law and is sometimes defined by contract. Bad faith can also relate to a party’s conduct in the Arbitration including with respect to its procedure.
Blue Water
fresh surface and groundwater, such as the water in freshwater lakes, rivers, and Aquifers. In a marine context, Blue Water refers to the deep blue ocean or open sea.
Anchor
the leading tenant in a shopping center whose name recognition often attracts other Tenants to the center.
Tagging
the act of classifying documents in Review Software as responsive, not relevant, Privileged, interesting, etc. In the olden days, lawyers physically applied tags to paper documents one by one. They also had to walk three hours uphill in the snow to work each day, both ways.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
SEC Staff Issues No-Action Letter for Fuse Crypto Token
The NAL provides incremental clarity for innovators in the digital asset space and reduces legal risk for similarly structured rewards tokens.
Less Tickbox, More Toolbox: 4 Key Takeaways From Latest SFO Guidance on Corporate Compliance Programmes
Internal controls must be tailored, proportionate, and risk-based — not just a “paper exercise.”
Trump Administration Proposes New Rule Defining Waters of the United States
The proposed rule would scale back federal jurisdiction under the Clean Water Act.
The Road Ahead for Fintech Rulemaking
As the fintech landscape evolves, federal banking regulators are taking decisive steps to integrate stablecoins and payments innovations into the traditional banking system.
Federal Reserve Board Finalizes Revisions to Its Supervisory Rating Framework
The FRB will focus on overall safety and soundness rather than single deficiencies, allowing more large financial institutions to qualify as “well managed.”
EPA Grants Texas Primacy Over Class VI Carbon Storage Wells
The rule positions the Railroad Commission of Texas as the primary permitting authority over Class VI wells and could expedite CCS projects in the state.
New Law Bolsters CCUS Projects in California
California Governor Gavin Newsom signed legislation lifting moratorium on transportation of carbon dioxide by pipeline.
FCA Consults on Changes to the UK Short Selling Regime
Changes largely focus on streamlining administrative requirements to reduce the regulatory burden.