News

Colorado Announces Minimum Wage Increases for 2025

By EsqSocial Corporation 26/12/24

Starting in 2025, Colorado’s state minimum wage, which is adjusted for inflation, will increase from $14.42 to $14.81 per hour. For tipped workers, the minimum wage will continue to be $3.02 less than the standard minimum wage......

European Banking Authority publishes no action letter on application of European Market Infrastructure Regulation 3 with respect to initial margin model authorization

By EsqSocial Corporation 26/12/24

The European Banking Authority has published a no action letter stating that competent authorities should not prioritize any supervisory or enforcement action in relation to the processing of applications for initial margin (IM) model authorization received as a result of the entry into force of

Brief Overview of the Data Protection Regime in Bermuda, British Virgin Islands and Cayman Islands

By EsqSocial Corporation 26/12/24

Bermuda, the British Virgin Islands (“BVI”) and the Cayman Islands have each introduced data protection regimes in recent years which align with global data protection standards.

Revolutionising cross-border dividend taxation: implications of the CJEU's decision in Credit Suisse Securities (Europe) Ltd

By EsqSocial Corporation 26/12/24

The recent decision of the Court of Justice of the European Union (CJEU) in C-601/23 Credit Suisse Securities (Europe) Ltd v.

[Audio] Consumer Finance Monitor Podcast Episode: Navigating the New CFPB Open Banking Rule

By EsqSocial Corporation 26/12/24

In today’s podcast episode, we’re joined by Alex Johnson, Founder of Fintech Takes, and Paige Paridon, Senior Vice President, Senior Associate General Counsel & Co-Head of Regulatory Affairs at Bank Policy Institute, to take a deep dive into the new Consumer Financial Protection Bureau Open B

You’re Gonna Hear Me Roar: Katy Perry Wins Appeal Against Local Australian Fashion Designer

By EsqSocial Corporation 24/12/24

In the long-running trade mark dispute between international popstar Katy Perry and Australian fashion designer Katie Taylor, the Full Federal Court has overturned the first instance decision of Taylor v Killer Queen, LLC (No 5) [2023] FCA 364 and ordered that Taylor’s trade mark be cancelled....

IRS Annual Limits for Benefit Plans: 2025 Cost of Living Adjustments

By EsqSocial Corporation 24/12/24

The US Internal Revenue Service (IRS) has released its 2025 cost-of-living adjustments applicable to employee benefit plans. A year-to-year comparison of limitations is below....
By: Mayer Brown

FFFalalala December 2024 - Shaping the Future of Fund Finance: How the LMA is Driving Change

By EsqSocial Corporation 24/12/24

The foundations for the Loan Market Association's ("LMA") fund finance work plans are now in place. Over the last months, LMA has thoroughly studied the market, listened to the voices of members and key stakeholders, and analysed market developments to build a solid foundation....

Stay of Preliminary Injunction Reinstates CTA Reporting Requirements

By EsqSocial Corporation 24/12/24

This article is an update to the December 9, 2024, article: UPDATE: FinCEN Alerts That CTA Reporting Is Voluntary While Preliminary Injunction Remains in Effect - On December 23, 2024, the United States Court of Appeals for the Fifth Circuit lifted the Texas District Court’s nationwide preliminar

Corporate Transparency Act to Remain Enjoined Pending US Appeal

By EsqSocial Corporation 24/12/24

On December 23, 2024, the United States Court of Appeals for the Fifth Circuit stayed the nationwide injunction that temporarily halted enforcement of and compliance with the Corporate Transparency Act....

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