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Public Company and Corporate Governance Services …

Sound corporate governance is an essential pillar of any successful business. Our corporate governance team is a trusted advisor to leading and emerging companies and government entities on corporate governance matters, …

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URL: https://www.dlapiper.com/en/us/services/corporate/public-company-and-corporate-governance/

Companies' responsibilities to their supply chains DLA

Companies' global supply chains are under greater scrutiny than ever before. Historically companies could "choose" to talk about their human rights impact. Today new legislation is forcing companies to be transparent by publishing detailed data on their supply chains, their impact on local communities, and what action they are taking to improve

Category:  Companies Go Companies

Financial Services Sectors DLA Piper Global Law Firm

Financial Services. DLA Piper advises some of the largest financial services companies and institutions on both their day-to-day operations and wider strategic objectives. Uncertain economies demand legal strategies that address regulatory and enforcement risks and the costs of compliance. We help our clients contend with legal issues in

Category:  Companies Go Companies

Capital Markets and Listed Companies DLA Piper

Listed companies’ communication with public authorities and shareholders Advice on securities trading law, including on the conduct of stockbroking activities and investment advisory services The convening and holding of general meetings in listed companies

Category:  Companies Go Companies

Anti-slavery and human rights obligations on …

For US companies, the concept of corporate social responsibility, rather than statutory law, is the primary vehicle for extending human rights obligations throughout supply chains and communities. However, in the last few years, the US has also been active in using sanctions against forced labor and other human rights abuses by foreign

Category:  Companies Go Companies

DLA Piper launches Sustainability and Environmental

DLA Piper has launched a global Sustainability and Environmental, Social and Governance (ESG) portal to help companies around the world transition to and thrive in a more sustainable future. The portal provides views and insights of sustainability and ESG-related topics from thought leaders around the world.

Category:  Companies Go Companies

Chinese and other emerging market companies listed in …

To read this alert in Chinese, please visit this page. US lawmakers and regulators continue to focus on risks to investors in US capital markets posed by a perceived lack of financial accountability, governance and transparency of companies based in emerging markets, including China-based companies.

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New Act regarding transparency of companies compliance to

The Act shall apply to "larger companies" as defined in section 1-5 of the Accounting Act, i.e. public limited companies, listed companies and other accounting entities. In addition, the following companies are included: Companies which, on the balance sheet date, meet at least two of the following three conditions: over 70 MNOK in sales revenue,

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The new Anti-Money Laundering Act of 2020: A potential

Reporting companies have two years in which to submit their beneficial ownership information to FinCEN if those companies were already formed or registered prior to the above-mentioned regulations. However, reporting companies formed or registered after the regulations go into effect will have an immediate reporting obligation with FinCEN

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Latest regulatory changes reduce burden for

Companies instead must file annual encryption self-classification reports, significantly reducing the regulatory burden for the export of these products. Classification requests, however, are still required for such components and executable software that use non-standard cryptography and for certain cryptographic libraries and modules.

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Bank Regulatory News and Trends Insights DLA Piper

The California Department of Financial Protection and Innovation (DFPI) has opened the period for companies currently holding a California Financing Law (CFL) license not currently licensed through the Nationwide Multistate Licensing System (NMLS) to submit a license transition request through NMLS. While regulations requiring all CFL licensees

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Human rights and environmental due diligence legislation

Companies covered by the Dutch Due Diligence Act must submit a declaration to the Dutch regulator affirming that they have exercised an appropriate level of supply chain due diligence to prevent child labor. Supervision. The Dutch regulator will oversee the implementation and compliance with the Dutch Due Diligence Act.

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Five years of the Brazilian Clean Companies Act: lessons

The Brazilian Clean Companies Act, an important tool in the fight against corruption, is celebrating its fifth anniversary. As Brazil emerges from general elections in which the fight against corruption was a central issue, the BCCA's framework is more important than ever.

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When public companies combine: Object lessons in managing

DLA Piper is a global law firm with lawyers located in more than 30 countries throughout the Americas, Asia Pacific, Europe, Africa and the Middle East, positioning us to help companies with their legal needs anywhere in the world.

Category:  Companies Go Companies

EU Whistleblower Directive: Implementation Tracker

DLA Piper is a global law firm with lawyers located in more than 30 countries throughout the Americas, Asia Pacific, Europe, Africa and the Middle East, positioning us to help companies with their legal needs anywhere in the world.

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DLA Piper Canada significantly expands Startups, Emerging

DLA Piper works with many of the world's leading startups and emerging companies, offering advice ‎from corporate transactions to IP protection, commercial contracts to company structuring and ‎formation, and including regulatory compliance, advocacy …

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Remuneration reporting for listed companies in Belgium

Last year a number of new provisions affecting remuneration reporting in listed companies came into force. The act of 28 April 2020 (the SRDII Act) transposed the Shareholders’ Rights Directive II (SRDII) 1 into Belgian law, amending the Belgian Companies and Associations Code (BCAC). Also, on 1 January 2020, the new corporate governance code …

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Energy commodity marketing and trading companies in times

Energy commodity trading companies are encouraged to pay close attention to their trading activities right now to mitigate the risk of heightened scrutiny from the CFTC and the FERC in the future. This article outlines what energy commodity marketing and trading companies may consider to mitigate the risks of regulatory infractions and/or the

Category:  Companies Go Companies

Bahrain: Amendments to the companies law Insights DLA

Holding Companies. Holding companies are no longer recognized as legal structures in Bahrain. Instead, companies may undertake activities of holding companies. Previously recognized. Generally a commercial activity that entities undertake in Bahrain rather than a company’s legal structure. Non-profit Companies (NPC) An NPC may be established

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Coronavirus considerations and guidance for US public

Nevertheless, many companies will preannounce or otherwise update prior guidance if the company becomes aware that such statements are not reasonably likely to come to fruition. Management and the board should make a good faith assessment of the impact of the COVID-19 outbreak on the company’s future operating results and liquidity.

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Navigating FATCA for non-US entities Insights DLA

An FFI is broadly defined to encompass non-US banks, private banks, investment banks, trust companies, brokerage firms, investment funds, trusts, certain life/reinsurance companies and products and all types of investment vehicles, to include family investment vehicles, retirement plans and pension plans.

Category:  Bank,  Insurance Go Companies

DOJ and SEC issue long-awaited guidance for companies on

The Guide describes the recent enforcement trends regarding successor liability. Specifically, it notes that DOJ and SEC have declined to bring enforcement actions against companies in the merger and acquisition context where the companies have voluntarily disclosed, remediated conduct, and cooperated with the government.

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Assessing ESG factors in the energy sector Insights

Exploration, production and distribution companies are leaders in conserving water, reducing greenhouse gas emissions and chemical exposure, and minimizing land disturbance and traffic and noise impacts. In this handbook, we offer seven sets of Q&As examining ESG business issues in the energy sector through these lenses: We created this

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When a threat actor strikes: Legal considerations and

In the US, which is a high-risk jurisdiction, OFAC laws impose sanctions against US persons (including companies) doing business with or providing or receiving services to or from governments, business entities, or individuals located in, or foreign nationals of, Cuba, Iran, North Korea, North Sudan, Syria and the Crimea region of the Ukraine.

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Current challenges for companies due to Coronavirus (COVID

Current challenges for companies due to Coronavirus (COVID-19) under German law The developments surrounding the spread and control of the coronavirus COVID-19 have had a major impact on the economy: employers, employees, insurance companies, landlords, tenants, the public sector, and all other economic operators are feeling the consequences

Category:  Insurance Go Companies

AMENDMENTS TO SAUDI ARABIA COMPANIES LAW

Companies Law Amendment to Companies Law1 Companies Law (prior to Amendment)1 Commentary 12 “Except for the partnerships (un-registered)/Mahasa Company, the Articles of Association of the Company and all amendments thereto shall be executed in writing; otherwise, the Articles of Association or the amendment shall be null and void. The

Category:  Companies Go Companies

COVID-19's impact on portfolio company financing

Companies that are simply unable to meet financial obligations or successfully renegotiate terms with lenders out of court ultimately may need to seek bankruptcy protection. External financing options. Portfolio companies may also seek financing relief through the following channels: Reach out to existing lenders. Proactive outreach and

Category:  Bank Go Companies

Foreign investment in Brazil (and in Brazilian farmlands

Thus, it may be opportune to reconsider whether the political and economic reasons for the restrictions are still justifiable, or whether the time has come to find a better way to deal with investment in Brazilian farmland by foreign companies. Times have changed, and if the economy is to grow again, Brazil requires fresh investments.

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DLA Piper advises Sawafi in its acquisitions of Newsco

DLA Piper represented Sawafi Al-Jazeera Oilfield Products and Services Co. Ltd., a leading provider of upstream oil and gas services to the Saudi Arabian energy industry, in its simultaneous acquisitions of Newsco International Energy Services USA Inc. and Telemetrix USA Inc.

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New FCPA Enforcement Policy presumes declination for

Implications for companies. The new Policy provides greater incentives for companies to self-disclose potential FCPA misconduct and cooperate with federal prosecutors. Companies that meet the DOJ's expectations – voluntary disclosure, full cooperation and adequate remediation – should be rewarded with a declination absent aggravating factors.

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China defines "beneficial owner," set out safe harbor rule

China's Announcement of the SAT on the Determination of "Beneficial Owners" in the Tax Treaties (Announcement 30) has gone into effect. Announcement 30 aims to define a "beneficial owner" under China's tax treaties and to introduce a safe harbor for listed parent companies that wish to obtain benefits under tax treaties with respect to China-sourced dividend income.

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SEC advises companies to publicly disclose cybersecurity

Since the arrival of data breach notification obligations, public companies have needed to consider whether to provide public disclosure of a "material" cybersecurity risk or event. On February 21, 2018, the SEC issued new guidance on this question that emphasizes the importance of "timely disclosures" and of measures to prevent insider

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Non-UK companies to be prosecuted for failing to prevent

Companies found guilty of an offence will inevitably be at risk of unlimited fines, disgorgement and a range of ancillary legal and regulatory sanctions. The risks, consequences and related compliance burden are therefore potentially very significant. Extraterritoriality / application to non-UK companies

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The Russia sanctions and their impacts on commodities

On April 15, 2021, President Joe Biden issued an Executive Order declaring a new national emergency with respect to the actions of the Russian government and authorized the Secretary of the Treasury, Secretary of State, and Attorney General to implement a sweeping series of sanctions. The newly imposed sanctions represent a significant escalation and …

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New national security regulations subject more insurance

Insurance companies should be aware of these changes, including if they own real estate within their investment portfolios or for their own occupancy. The regulations contain numerous limitations and long lists of sensitive US government or military sites.

Category:  Insurance,  Real estate Go Companies

New rules on disclosure of inside information by listed

However, listed companies (and their directors and officers) must still be on guard and make sure that these new requirements are complied with, because of the various civil sanctions that the Tribunal can impose (especially the regulatory fine of up to HK$8 million, which is a brand new feature of the statutory regime).

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Do financial statements need to be audited in New Zealand

companies with fewer than 10 shareholders that have decided to prepare audited financial statements. 'Large' companies . For the purposes of the Companies Act, 'large' is defined by section 45 of the Financial Reporting Act 1993.

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New US sanctions on Russia’s financial, defense and energy

Action steps for companies with business relationships related to Russia . This summary encompasses the basic concepts embodied in the Ukraine-related sanctions. Sanctions compliance is a factually intensive exercise and our team of sanctions professionals will be pleased to help you navigate these issues.

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Directors Duties in Australia

parent companies can be liable as ‘shadow’ or ‘de facto’ directors if the subsidiary is accustomed to act on their instructions or if they are found to be informally involved in decision making. Key duties imposed by the Act 1. Act with care and diligence. There is an obligation to ensure a basic understanding of the

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Fiduciary Duties of Directors in Financially Distressed

companies in their venture capital transactions. The Corporate Venture Practice Group also has developed a training program of four modules particularly designed for corporate venture capitalist and which has been presented to over fifteen corporate venture groups. Mark is a regular speaker on venture capital, particularly corporate venture

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VAT deductions for active holding companies restricted by

On 12 January 2017, the Court of Justice of the European Union (CJEU) ruled that the VAT deductions on procured services by a holding company may be limited if such a holding company does not charge its subsidiaries for those services or for any management services. Below, we analyze the CJEU's ruling (MVM, C-28/16) and the impact it may have on your …

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