On 15 June 2023, The Insider Dealing (Securities and Regulated Markets) Order 2023 enters into force. It amends the Criminal Justice Act 1993, which sets out the UK’s criminal insider d...
In a new round of sanctions, the United States targeted third-country entities doing business with Russia, prohibited the export of architecture and engineering services to Russia, and de...
One year after Russia’s invasion of Ukraine, the United States and its allies imposed a new round of sanctions targeting Russia’s metal, mining, and banking sectors and signaled an in...
The European Securities and Markets Authority has recently published updated versions of its Q&As on the EU Prospectus Regulation and, in December 2022, the European Commission published ...
Davis Polk partner Zach Zweihorn served as the contributing editor for the 2023 edition of Getting the Deal Through: Financial Services Compliance, a reference guide enabling side-by-side...
On 28 July 2022, the Financial Conduct Authority (FCA) published decision notices for Carillion plc (Carillion) and three of its former executive directors relating to breaches of the Mar...
The U.S. Treasury issued guidance broadly interpreting the bans on new investment (including secondary market securities purchases) and provision of certain services to Russia.
The U.S. Treasury indicated that it will likely block payments on Russian debt after May 25, 2022. This follows several rounds of sanctions and export control restrictions, including a ba...
This update summarizes the past two weeks’ key sanctions developments in the United States, European Union, and United Kingdom in response to Russia’s invasion of Ukraine.
