Yesterday, the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) announced the withdrawal of its proposed Corporate Governance Framework for U.S. public companies to consider ...

On July 14, 2025, the federal banking regulators issued a joint statement for banking organizations that provide or are considering providing safekeeping for crypto-assets in a fiduciary or ...

On July 15, 2025, the UK Financial Conduct Authority (“FCA”) published final rules, to implement the new UK regime governing public offers of securities and admission to trading which will replace the ...

Tax Guidance — OBBBA; Revisiting “Beginning of Construction,” and Capital Gains Inflation Indexing; Ireland and Section 999, Appropriations and Rescissions ...

On July 2, 2025, DOJ’s Civil Division and HHS issued a joint press release announcing the reestablishment of the DOJ-HHS False Claims Act Working Group.

The Bank of New York Mellon Corporation (BNY) completed a $2 billion notes offering consisting of $750 million of 4.441% fixed-rate/floating-rate callable senior notes due 2028, $500 million of ...

Ben Weiner is a partner in Sullivan & Cromwell’s Financial Services and Capital Markets groups. His practice involves bank regulatory matters, including capital, liquidity, stress testing and ...

On June 17, 2025, the U.S. Senate passed, by a vote of 68 to 30, the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” or “GENIUS Act.” The GENIUS Act would establish a federal ...

CarUX Holding has agreed to acquire all of the shares in Pioneer Corporation from global investment firm EQT. The purchase price reflects an equity value of ¥163.6 billion (approximately $1.1 billion) ...

Sullivan & Cromwell’s Project Development and Finance lawyers offer clients unrivaled quality in connection with the development and project financing of natural resources, energy, renewables, ...

On July 9, 2025, the California Air Resources Board released Frequently Asked Questions to help companies comply with California’s climate reporting requirements under Senate Bill 253 and Senate Bill ...