Insights
Episode 105 — Drug Pricing and Market Access: Government Pricing Assessment Expectations and Benefits
Federal Reserve Board Finalizes Revisions to Its Supervisory Rating Framework
Mind the Bot: FMLC Issues Report on AI in Wholesale Financial Markets
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.
Capped Call
a Hedging transaction in which the Issuer purchases a Call Option that mimics the Call Option embedded in a series of Convertible Bonds, subject to a Cap on the maximum share price of the shares covered by the call.
Hawalah
A term seen in Islamic finance meaning the transfer of liability (e.g., a novation).
Red Flag Report
a Due Diligence report limited to substantial issues/risks and findings identified in the course of the Due Diligence; additionally, the scope of the Due Diligence is rather limited
Acrylic
a slang name for a Deal Toy or Tombstone
Lock Ups
a window of time during which investors are not allowed to redeem or sell shares of a company.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
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.
The 2025 US Government Shutdown: Impact on Court Operations
Federal funding lapse could slow filings and hearings as US courts shift schedules and staffing.
US Banking Regulators Propose to Refocus Supervision on Material Risks and Eliminate Use of Reputation Risk
The proposals align with Trump administration policy by emphasizing supervision of material and quantifiable financial risks.
New York Establishes CERCLA-Like Liability for Inactive Hazardous Waste Disposal Sites
New statute allows the government to recover costs and natural resource damages from a broad set of PRPs.
UK Regulators Finalise Updates Bank Remuneration Rules
The regulators have tweaked the final rules in places to grant more flexibility to firms.