On January 21, 2022, the US Directorate of Defense Trade Controls (“DDTC”) entered into a consent agreement with Torrey Pines Logic, Inc. (“TPL”) and its founder and president, Dr. Leonid Volfson, for alleged violations of the Arms Export Control Act (“AECA”) and the International Traffic in Arms Regulations (“ITAR”).one TPL, an electro-optics and communications equipment…
To print this article, all you need is to be registered or login on Mondaq.com. On May 6, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated a cryptocurrency mixer, Blender.io, as a Specially Designated National (SDN). That sanction follows a series of enforcements and sanctions which we have previously discussed…
03 June 2022 Holland & Knight To print this article, all you need is to be registered or login on Mondaq.com. Highlights Commissioner Rebecca F. Dye of the Federal Maritime Commission (FMC) has released her Final Report for Fact Finding 29 titled “The Effects of COVID-19 on the US International Ocean Transportation…
In 2011, Tenaris SA (a company headquartered in Luxembourg with American Depository Receipts listed on the New York Stock Exchange) resolved an approximate $9 million Foreign Corrupt Practices Act enforcement action regarding conduct in Uzbekistan (see here for the prior post). For several years, Tenaris has been under scrutiny for its relationship with Petrobras in…
Read More “The FCPA Repeat Offender Club Welcomes Tenaris” »
03 June 2022 Holland & Knight To print this article, all you need is to be registered or login on Mondaq.com. Highlights the decision in Foster House Tenants Association v. New Bethel Baptist Church Housing Corporation, Inc., et al.focuses on whether a ground lease or transaction that includes something less than an…
Almost from the very outset of COVID-19 in early 2020, investors and others have filed pandemic-related securities suits and other claims against companies and their executives. Even though the initial outbreak is now nearly 27 months in the past, claims activity continues. In the latest development, a grand jury has returned an indictment against a…
Read More “DOJ, SEC Press COVID 19-Related Charges Against Health Care Company, CEO” »
To print this article, all you need is to be registered or login on Mondaq.com. As of June 6, 2022, amendments to National Instrument 33-109 Registration Information (“NI 33-109“) and to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 33-101“) (the “amendments“) come into force. These Amendments are relevant to all registration…
Ankura Consulting Group LLC 03 June 2022 Ankura Consulting Group LLC To print this article, all you need is to be registered or login on Mondaq.com. The Sedona Conference is a widely known institute that is focused on the study of law and policy in many areas including Information Governance (IG). The Sedona…
US: SEC Proposed Rule Would Expand Disclosure Requirements for ESG Funds and Advisors Last week, the US Securities and Exchange Commission (SEC) proposed additional disclosure requirements for ESG-focused funds in order to “promote consistent, comparable, and reliable information for investors concerning funds’ and advisers’ incorporation of environmental, social, and governance ( ESG) factors.” The new…
03 June 2022 Holland & Knight To print this article, all you need is to be registered or login on Mondaq.com. Legislative Updates Senate Finance Committee Releases Telehealth Policies for Mental Health The Senate Finance Committee released a discussion draft on May 26, 2022, that outlined the legislative priorities for telehealth services to…
