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OCIE’s 2019 Examination Priorities and 2018 Enforcement Actions: Practice Points for Advisers to Consider

Mayer Brown Publications - Di, 19.02.2019 - 23:37
The US Securities and Exchange Commission’s (“SEC”) Office of Compliance Inspections and Examinations (“OCIE”) released its 2019 examination priorities on December 20, 2018.

Security Plan Developed for Dams in the State of Rio de Janeiro

Mayer Brown Publications - Di, 19.02.2019 - 17:03
The safety of dams, especially those used to dispose of solid waste generated by mining, is becoming increasingly important in light of recent episodes that indicate the need for reviewing the regulatory framework and improving inspection procedures, duties of the public bodies that have the legal competence to implement changes in this area.

Podcast: Episode 51 - The View from Mayer Brown

Mayer Brown Publications - Di, 19.02.2019 - 01:00
Richard looks at the government’s response to its consultation on proposed new powers for the Pensions Regulator.

Protecting DB pension schemes – new Pensions Regulator powers confirmed

Mayer Brown Publications - Mo, 18.02.2019 - 16:08
The government has confirmed that the Pensions Regulator will be given new powers to better protect members of DB pension schemes, including introduction of a new offence of wilful or reckless behaviour in relation to a pension scheme which will be punishable by up to seven years’ imprisonment.

Podcast: Episode 147 - The View from Mayer Brown

Mayer Brown Publications - Mo, 18.02.2019 - 11:48
Nick looks at two recent cases which have a common theme of preventing the publication of information against the wishes of a party to the litigation. The third case looks at the interplay of statutory minimum notice and continuity of service.

Liberalisation of the Myanmar Insurance Sector – An Interesting Opportunity for Foreign Insurance Companies

Mayer Brown Publications - Mo, 18.02.2019 - 08:39
On 2 January 2019, the Myanmar Ministry of Planning and Finance (MoPF) issued Announcement No.1/2019 (the "Announcement"), paving the way for foreign insurers to enter into the country's largely untapped insurance market as part of an ongoing process to liberalise the sector. At present, foreign insurers are restricted to establishing a representative office in Myanmar and have been largely barred from conducting any insurance businesses within the country, with limited exceptions in a special economic zone.

England & Wales Court of Appeal clarifies boundaries of litigation privilege

Mayer Brown Publications - Fr, 15.02.2019 - 13:01
The Court of Appeal has clarified the ambit of litigation privilege in a judgment (WH Holding and anr v E20 Stadium LLP [2018] EWCA Civ 2652) concerning the treatment of internal communications regarding a commercial settlement of the dispute.

England & Wales Court of Appeal clarifies boundaries of litigation privilege

Mayer Brown Publications - Fr, 15.02.2019 - 01:00
The Court of Appeal has clarified the ambit of litigation privilege in a judgment (WH Holding and anr v E20 Stadium LLP [2018] EWCA Civ 2652) concerning the treatment of internal communications regarding a commercial settlement of the dispute.

England & Wales Court of Appeal clarifies boundaries of litigation privilege

Mayer Brown Publications - Fr, 15.02.2019 - 01:00
The Court of Appeal has clarified the ambit of litigation privilege in a judgment (WH Holding and anr v E20 Stadium LLP [2018] EWCA Civ 2652) concerning the treatment of internal communications regarding a commercial settlement of the dispute.

New York Subjects State Licensees to Whistleblower Protections

Mayer Brown Publications - Do, 14.02.2019 - 18:40
Add the New York Department of Financial Services (“DFS”) to the veritable orchestra of governmental entities and regulatory authorities that have issued requirements on “whistleblowing.”

An Unconventional Circular Letter: NYDFS Provides the Nation’s First Directive on the Proper Use of Unconventional and Alternative Data

Mayer Brown Publications - Do, 14.02.2019 - 16:56
Last month, the New York State Department of Financial Services (the “DFS”) became the first US regulator to impose specific, substantive requirements on the use of “unconventional sources or types of external data” in financial services.

Singapore Hotels Fined for Exchanging Commercially Sensitive Information Over WhatsApp

Mayer Brown Publications - Do, 14.02.2019 - 08:07
On 30 January 2019, the Competition and Consumer Commission of Singapore imposed a total fine of S$1,522,354 on the owners and operators of various hotels for engaging in illegal exchange of commercially sensitive information over WhatsApp. This update explores the key lessons that businesses in the hospitality sector should be aware of.

Finding Common Ground – Recent Developments in International Group Supervision

Mayer Brown Publications - Mi, 13.02.2019 - 23:34
Bylined article by US Insurance Regulatory partner Lawrence Hamilton (Chicago) and associate Sanjiv Tata (New York).