The U.S. Securities and Exchange Commission (SEC) continues to broaden the use of forfeiture of executive compensation as a regulatory tool with an increased emphasis on making employers do the clawing-back themselves. In October 2022, the SEC adopted the new Rule 10D-1, 17 C.F. R. §240.10D-1, or “Listing Standards for Recovery of Erroneously Awarded Compensation,”…
Key Points On Sunday, April 7, Senate Commerce Committee Chair Maria Cantwell (D-WA) and House Energy and Commerce (E&C) Committee Chair Cathy McMorris Rodgers (R-WA) struck a deal on a comprehensive federal bill, the American Privacy Rights Act (APRA), marking the first such proposal to gain bipartisan, bicameral support with the backing of Chair…
Listen to the article 8 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: The U.S. Equal Employment Opportunity Commission announced on Monday its final rule implementing the Pregnant Workers Fairness Act, clarifying that abortion is included under “pregnancy, childbirth or related medical conditions” that are protected under the…
The Cayman Islands’ position as a hub for the establishment of FinTech structures has been enhanced by the introduction in 2021 of the Virtual Asset (Service Providers) Act (VASP Act) as amended, which provides invaluable regulatory oversight for innovative virtual asset business. This article will explore the key features of the VASP legislation and the…
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. The number of undergraduates who completed a credential in the 2022-23 academic year fell 2.8% compared to the year prior, representing a decline of about 99,000 students, according to the latest data from the National Student Clearinghouse…
On March 1, 2024, New York Governor Kathy Hochul signed an amended version of the New York LLC Transparency Act (NYLTA), which was originally signed with provisions for amendments in December 2023.1 The NYLTA will go into effect on January 1, 2026 (Effective Date), and it will impose certain beneficial ownership disclosure requirements for limited…
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: A Texas executive order directing colleges to update their free speech policies to address rising antisemitism is seeing growing pushback from free expression and academic groups, who say its language is an example of governmental…
To print this article, all you need is to be registered or login on Mondaq.com. Various court decisions have established parameters regarding the withholding of a member’s benefit by a pension fund, under section 37D(1)(b)(ii) of the Pension Funds Act 24, 1956 (“the Act“). In the recent judgment of Gammon v University…
Terra Dotta’s Voice of the Students: Study Abroad 2024 surveyed around 300 college students on various aspects of their study abroad experience, revealing positive aspects, but also some problem areas for the sector to address. Some 67% of respondents said cost or finance would “prevent” them from studying abroad, in one concerning finding – as…
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