Governance/Regulation & Compliance

Even before the invasion of Ukraine focused attention on Europe's dependence on fossil fuels from Russia, regulatory changes and climate litigation were converging to make 2022 a pivotal year for climate change law in Europe.

"We're trying to read the tea leaves of what the Russian government is most concerned about when they have threatened foreign companies that have halted operations or pulled out of Russia," said Thad McBride, a partner with Bass, Berry & Sims.

Russian alternative to SWIFT may begin processing bilateral payments to and from India, providing a path for Russia to bypass the strict Western sanctions regime.

"The SEC's climate disclosure proposal is the most extensive, comprehensive and complicated disclosure initiative in decades," said Wilmer Cutler Pickering Hale and Dorr partner Meredith Cross, a former SEC official.

In my 12 years of monitoring compliance programs for companies with operations in Latin America, I have seen multinationals struggle to implement their compliance programs.

While it is difficult to predict how U.S. sanctions will evolve, this article lists three areas on which to keep watch, as well as guidance on how best to promote sanctions compliance.

The SEC chair is laying out one of the most ambitious agendas in the SEC's 87-year history—some 49 proposals, many already drawing opposition.

The SEC identifies several material climate-related issues that public companies need to be better about disclosing in annual reports.