Insights on topics of interest to our clients and the business, legal, and media communities.
Following its departure from the European Union on 31 January 2020, the United Kingdom left the EU single market and customs union on 31 December 2020 under the terms of new trade deal announced on 24 December 2020. Please click here to view the full agreement, and here for a summary of the terms.
Influenced by California’s Consumer Privacy Act and Europe Union’s General Data Protection Regulation, a wave of new data privacy legislation has been introduced across the United States. Visit this page for the latest developments during this critical juncture in US privacy regulation.
As the coronavirus COVID-19 crisis rapidly evolves, global companies are looking for resources to protect their people and their businesses. Morgan Lewis lawyers are providing guidance on healthcare provider issues, business supply chain disruption, data privacy concerns, employer questions, energy and environmental industry ramifications, financial services guidelines, immigration status requirements, life sciences protocols, tax implications, and ongoing government guidance from around the world, among many other issues.
The GDPR (2016/679), the European Union’s new privacy rule, went into effect on 25 May 2018. This sweeping regulation applies to all organisations within the EU—as well as those outside the EU if they offer goods or services to, or monitor the behavior of, individuals residing in the EU.
Companies around the world are keenly watching how potential changes to US regulatory, legislative, and financial policy could affect global business. As many individuals and corporations are still grappling with the effects of the coronavirus (COVID-19) pandemic, Morgan Lewis has created a resource to help companies navigate the steady stream of workplace policy shifts, guide corporations and investors to the latest aid available for rebuilding, decipher the intersection of global laws for multinational companies, and interpret the meaning of the latest developments for climate, health, and social issues.
As firms develop their business and compliance strategies in response to the changing regulatory landscape for providing advice to retail investors, Morgan Lewis offers this resource for access to primary source materials, our analyses and thinking, and related Morgan Lewis events.
The SECURE Act, which was signed into law on December 20, 2019, is the most impactful retirement plan legislation since the Pension Protection Act of 2006. The SECURE Act—Setting Every Community Up for Retirement Enhancement—is intended to advance the goals of increased access to defined contribution plans, promote lifetime income options, and facilitate retirement plan design and administration. All employers who offer retirement benefits to their employees will be affected by the SECURE Act to some degree.
First introduced in the banking sector in 2016 in response to significant conduct failings and the 2008 financial crisis, the Senior Managers and Certification Regime (SMCR) is part of the UK regulators’ drive to improve culture, governance, and accountability within financial services firms. The SMCR aims to deter misconduct by improving individual accountability and awareness of conduct issues across firms, and to promote a culture where employees at all levels take personal responsibility for their actions, with good regulatory compliance practices central to its requirements. This resource offers the latest developments on the SMCR and our London team’s insights into them.
US-China relations continue to experience profound structural changes and foundational shifts, each of which enhances the global economic impact of any tensions between the countries. The relationship is only expected to grow in complexity as the US and Chinese governments take legal, regulatory, and policy actions that have far-reaching effects—both within the countries and among their global partners.