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Trade & Procurement
Recent changes
Bank of England Amends MREL Reporting Templates
The Bank of England's Prudential Regulation Authority (PRA) has issued a policy statement finalizing amendments to MREL reporting templates for UK banks, building societies, and designated investment firms. These changes, which include amendments to MRL001 and MRL003 templates and the deletion of the MRL002 template, aim to reduce the reporting burden on firms.
Bank of England Policy Statement on Disclosure, Resolvability Resources, Capital Distribution
The Bank of England's Prudential Regulation Authority has issued a policy statement finalising proposals for Pillar 3 disclosures. This aims to provide clearer and more consistent information on firms' resolvability resources, capital distribution constraints, and the applicable disclosure regime, enhancing market discipline and confidence in orderly resolution.
PRA Expectations for Bank Recovery Plans
The Bank of England's Prudential Regulation Authority (PRA) has updated its Supervisory Statement (SS) 9/17 on recovery planning for UK banks and other designated firms. The update, effective April 1, 2026, reflects current expectations and incorporates amendments from a related policy statement on recovery plan review frequency.
ECHA Supports PFAS Restriction with Targeted Derogations
ECHA's scientific committees support an EU-wide restriction on per- and polyfluoroalkyl substances (PFAS). The restriction includes targeted derogations and controls to mitigate the risks these substances pose to human health and the environment. This action aligns with REACH regulations.
Texas Court of Appeals Affirms Termination of Mother's Parental Rights
The Texas Court of Appeals affirmed a trial court's judgment terminating a mother's parental rights to her child. The court found sufficient evidence to support the trial court's best-interest finding for the child, upholding the termination decision.
Texas Court Denies Mandamus Relief in Genetic Testing Order Case
The Texas Court of Appeals denied a petition for mandamus relief, upholding a trial court's order for genetic testing in a parentage determination case. The court found no abuse of discretion in the order, despite the relator's claims of double jeopardy.
In Re A.R.M. v. State of Texas - Mandamus Petition Denied
The Texas Court of Appeals, 8th District, denied a petition for a writ of mandamus filed by Relator A.R.M. The court found that the petition failed to meet the procedural requirements outlined in the Texas Rules of Appellate Procedure, including lacking a table of contents, index of authorities, and a proper statement of the case. The motion to stay was dismissed as moot.
Blanca Concepcion Gutierrez-Morales v. Adrian Jesus G. Morales - Real Property Partition
The Texas Court of Appeals, Eighth District, affirmed a lower court's decision in a real property partition case. The court denied the appellant's motion for a new trial based on newly discovered evidence, upholding the original judgment which memorialized a settlement agreement for the partition of a home.
Byron Lewis v. State of Texas - Aggravated Assault Conviction Affirmed
The Texas Court of Appeals affirmed a judgment against Byron Lewis, who appealed his convictions for aggravated assault with a deadly weapon. Lewis contended his eight-year sentences were grossly disproportionate and violated the Eighth Amendment's prohibition against cruel and unusual punishment. The court found no abuse of discretion in the sentencing.
Commerce Final Affirmative CVD Determination for Steel Bar from Algeria
The U.S. Department of Commerce announced its final affirmative determination in the countervailing duty investigation of steel concrete reinforcing bar from Algeria. The investigation found subsidy rates of 72.94% for Tosyali Iron Steel Industry Algeria SPA and all other exporters, impacting significant import volumes and values.
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