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At K&L Gates, we foster an inclusive and collaborative environment across our fully integrated global platform that enables us to diligently combine…
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K&L Gates LLP | USA | 30 May 2023

FERC Approves Enforcement's Settlements With Two Demand Response Providers

On 22 May 2023, the Federal Energy Regulatory Commission (FERC) issued two orders approving stipulation and consent agreements that resolve…
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K&L Gates LLP | Australia | 29 May 2023

Australia's Modern Slavery Act - A 'Stroll to Slightly Higher Ground' Rather than a 'Race to the Top'? The Final Report of the Modern Slavery Act Review Weighs In

The McMillan Report (Report) of the statutory review of the Modern Slavery Act 2018 (Cth) (Act) was released on 25 May 2023. The Report makes a total…
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K&L Gates LLP | Australia | 29 May 2023

Australia: Proposed Reforms to the Anti-Money Laundering and Counter-Terrorism Financing Regime

The Australian Government has committed to reforming Australia’s AML/CTF regime, with proposed reforms aimed to strengthen and modernise the…
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K&L Gates LLP | Global, Saudi Arabia | 26 May 2023

The Saudi Center for Commercial Arbitration Adopts New Arbitration Rules

The Saudi Center for Commercial Arbitration (SCCA) recently issued a new and updated set of Arbitration Rules (SCCA Rules 2023). Overall, the product…
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K&L Gates LLP | European Union | 25 May 2023

Fit For 55 Package: EU Revises The EU Emissions Trading System And Establishes a New Carbon Border Adjustment Mechanism

In the last couple of years, the European Union has announced and adopted a wave of sustainability initiatives that will have significant…
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K&L Gates LLP | USA | 25 May 2023

The ESG Debate Heats Up: State AGs Investigating Asset Manager Involvement in ESG Initiatives and Related Proxy Voting

Over the past two weeks, multiple state Attorneys General have sent civil investigative demands (CIDs) or subpoenas to asset managers regarding their…
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K&L Gates LLP | United Kingdom | 24 May 2023

New ICO guidance for employers responding to data subject access requests

Today, the UK data protection regulator, the ICO, has published guidance to assist employers in responding to data subject access requests (“DSARs”)…
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K&L Gates LLP | Australia | 24 May 2023

Abolition of Duty on Commercial and Industrial Properties in Victoria

The Victorian Government has announced that it plans to abolish transfer duty on sales of commercial and industrial properties. The proposed measures…
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K&L Gates LLP | European Union | 23 May 2023

Europe: ESMA advocates more specific restrictions on the costs fund managers may pass on to investors

The European Securities and Markets Authority (ESMA) has suggested that the European Commission should clarify the costs that UCITS management…
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K&L Gates LLP | USA | 22 May 2023

New Conference, More Rulemaking?

At the Conference On Emerging Trends In Asset Management sponsored by the US Securities and Exchange Commission (SEC) and held 19 May 2023, Chair…
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