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More than 150 years after the founding of our firm, Sidley today comprises a diverse group of legal professionals from many cultures who are dedicated…
Sidley Austin LLP | Hong Kong | 1 Jun 2023
Hong Kong virtual asset trading platform operators licensing regime: Final VATP requirements and key onboarding requirements
Finally, the Hong Kong Securities and Futures Commission (HKSFC) has published its Consultation Conclusions on the Proposed Regulatory Requirements…
Sidley Austin LLP | Hong Kong | 1 Jun 2023
Hong Kong virtual asset trading platform operators licensing regime: standalone AML chapter
In the consultation conclusions released by the Securities and Futures Commission (HKSFC) on 23 May 2023 (Consultation Conclusions), the HKSFC has…
Sidley Austin LLP | USA | 31 May 2023
CMS seeks to reverse prior stacking guidance and proposes novel transparency requirements for “High-Cost Drugs”
On May 23, 2023, the U.S. Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that addresses a variety of important drug pricing…
Sidley Austin LLP | USA | 31 May 2023
U.S. National Labor Relations Board General Counsel issues memorandum invalidating most postemployment noncompete restrictions
The U.S. National Labor Relations Board (NLRB or Board) appears to have jumped on the anti- noncompete bandwagon initiated by the Federal Trade…
Sidley Austin LLP | USA | 31 May 2023
Supreme Court Limits Federal Authority Over Wetlands Under Clean Water Act
The U.S. Supreme Court issued its long-anticipated decision in Sackett v. EPA on May 25, 2023, holding that the jurisdiction of the Clean Water Act…
Sidley Austin LLP | Hong Kong | 31 May 2023
Hong Kong virtual asset trading platform operators licensing regime: dual licensing regime and key personnel requirements
Hong Kong is all set with adopting a dual licensing regime (VATP Licensing Regime) applicable to virtual assets trading platform operators (Platform…
Sidley Austin LLP | USA | 31 May 2023
No participation trophy: Court of Chancery shifts fees for failure to allow indemnifying seller to Participate in defense
Chancellor McCormick, of the Delaware Court of Chancery, recently was presented with the following question: If an indemnification provision in a…
Sidley Austin LLP | European Union, United Kingdom, USA | 30 May 2023
May Antitrust Bulletin: Top-of-Mind Global Antitrust Issues
Earlier this month, a federal judge in Massachusetts blocked an airline alliance that had been set up in the early months of the Covid-19, finding…
Sidley Austin LLP | USA | 30 May 2023
The U.S. government is intensifying sanctions and export control enforcement: how can your company prepare?
The U.S. Department of Justice has made several pronouncements regarding new enforcement priorities, increased staffing, and resources dedicated to…
