SEC staff granted no-action relief regarding the exchange of bailed-in bonds of a failed UK bank for ordinary shares of the resolved firm under the Bank of England’s statutory bail-in p...
In welcome news for directors and officers of dual-listed foreign private issuers domiciled in Canada, Chile, the European Economic Area, the Republic of Korea, Switzerland and the United...
This client update highlights key considerations for the preparation of your 2025 annual report on Form 20-F and other developments of interest to foreign private issuers. In a shift from...
This client update highlights key considerations for the preparation of your 2024 annual report on Form 20-F. As in previous years, we discuss both disclosure developments and continued a...
Changes from the proposal include elimination of Scope 3 disclosures, scaled back attestation requirements, additional materiality qualifiers and narrower financial statement triggers. Gi...
The SEC backpedaled on its proposed rules that would have expanded the scope of underwriter liability and included a new safe harbor under the Investment Company Act of 1940. But the fina...
This client update highlights key considerations for the preparation of your 2023 annual report on Form 20-F. As in previous years, we discuss both disclosure developments and continued a...
While the new rules will not require stock buyback disclosure within one business day as was proposed, they mandate significant new disclosure relating to stock buybacks with no accommoda...
Davis Polk partners Pedro Bermeo and Michael Kaplan, a leader of the firm’s Israel practice, authored “Direct listings: A viable alternative to traditional IPOs” in the US-Israel Le...
