News

New UK Consumer Law Regime Comes Into Force

By EsqSocial Corporation 15/04/25

On 6 April 2025, the unfair commercial practices provisions of the Digital Markets, Competition and Consumers Act 2024 (DMCC Act) entered into force, ushering in a new enhanced consumer enforcement regime administered by the UK Competition and Markets Authority (CMA)....

Cyber 101: Understand the Basics of Cyber Liability Insurance

By EsqSocial Corporation 15/04/25

Cyber risk has grown demonstrably in frequency and severity in the past 10 years—and, in tandem, the cyber insurance policy has grown in breadth and complexity.

Micro-Captive Reportable Transaction Deadline Effectively Extended

By EsqSocial Corporation 15/04/25

On Friday, April 11, 2025, the Internal Revenue Service issued Notice 2025-24 (the “Notice”), which waives applicable penalties under the Internal Revenue Code to participants in, and material advisors to, reportable micro-captive insurance transactions so long as requisite disclosure statements

The European Accessibility Act: What should financial services firms be focusing on as the June 2025 compliance deadline approaches?

By EsqSocial Corporation 15/04/25

There are over 80 million people with disabilities in the EU. The European Accessibility Act 2019 (EAA) (Directive (EU) 2019/882) implements the UN Convention on the Rights of Persons with Disabilities (UNCRPD) and aims at providing greater accessibility to everyday goods and services.

Update on Missouri’s Proposition A: Status of Earned Paid Sick Time Law

By EsqSocial Corporation 15/04/25

Employers must provide notice of Missouri’s new earned paid sick time (PST) requirements no later than April 15, 2025—ahead of the May 1, 2025, effective date of the state’s new PST law, or Proposition A, passed by voters in November 2024—but much uncertainty surrounds the PST provisions due to a

Four Top Law Firms Sign Settlement with EEOC on DEI

By EsqSocial Corporation 15/04/25

On Friday, April 11, 2025, the Equal Employment Opportunity Commission (EEOC) issued an announcement that they have settled with four “BigLaw” firms over diversity, equity, and inclusion (DEI) practices.

FCA Backpedals: "Name and Shame" and Diversity and Inclusion Requirements Axed, and Non-financial Misconduct Rules Delayed

By EsqSocial Corporation 15/04/25

The United Kingdom’s Financial Conduct Authority (FCA) has announced significant changes to its regulatory approach, including dropping the obligation to “name and shame” firms under investigation, dropping the proposed “Diversity and Inclusion” (D&I) requirements, and delaying the promised r

Developments in Crypto Regulation: DeFi Tax Reporting Repeal and SEC Disclosure Guidance

By EsqSocial Corporation 15/04/25

The Trump administration continues its efforts to relax digital asset regulation, including most recently by exempting decentralized finance ("DeFi") apps and wallets from tax reporting and through Securities and Exchange Commission ("SEC") staff interpretations, such as the Division of Corporati

What is the new EU AML regime?

By EsqSocial Corporation 15/04/25

The Single Rulebook is intended to be a single source of AML/CTF regulation that will be applied uniformly in all member states across the EU.

DC Circuit so far largely upholds Judge Jackson’s order preliminarily enjoining the CFPB Acting Director from shutting down the CFPB

By EsqSocial Corporation 15/04/25

On Friday, April 11, a panel of the D.C. Circuit Court of Appeals modified Judge Jackson’s preliminary injunction order of March 28 pending appeal, as follows......
By: Ballard Spahr LLP

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