SEC Grants Conditional Reporting Relief for Foreign Private Issuers

The SEC has issued an exemptive order providing conditional relief from Section 16(a) insider reporting requirements for certain foreign private issuers. This relief applies when insiders are subject to substantially similar reporting obligations in their home jurisdiction, aiming to avoid duplicative filings.

Court Orders Tariff Refunds for Importers

The U.S. Court of International Trade has ordered U.S. Customs and Border Protection to refund duties collected under the now-unlawful IEEPA tariffs. This decision follows a Supreme Court ruling and impacts importers nationwide, with specific actions required for refund eligibility.

Basel Committee Report on Synthetic Risk Transfer Markets

The Basel Committee on Banking Supervision has published a report analyzing the growth of synthetic risk transfer (SRT) markets, which provide capital relief for banks managing corporate credit risk. The report identifies trends and supervisory concerns, estimating protected assets at approximately EUR 750 billion.

UK Employment Rights Act 2025 Reforms

The UK's Employment Rights Act 2025, passed on December 18, 2025, introduces significant reforms to employment law. These changes, phased in from 2026 to 2027, affect industrial action, family leave, statutory sick pay, and dismissal rights, with the establishment of a new Fair Work Agency.

Net-Zero GHG Emissions News and Views

Baker Botts L.L.P. has published Edition 42 of their 'P2N0 - News and Views on the Drive Towards Net-Zero GHG Emissions' newsletter. This edition, dated March 6, 2026, provides updates and insights on the global efforts to achieve net-zero greenhouse gas emissions.

Supreme Court Strikes Down IEEPA Tariffs; Trade Court Orders Refund Path

The U.S. Supreme Court ruled that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) by the Trump administration were unlawful. Following this decision, the Court of International Trade has ordered a process for importers to seek refunds of these invalidated tariffs.

Court Orders Refund of Invalid Tariffs on IEEPA Goods

The U.S. Court of International Trade ordered U.S. Customs and Border Protection to refund invalid tariffs charged under the International Emergency Economic Powers Act (IEEPA). This ruling provides nationwide relief for importers, though an appeal is expected.

Court of International Trade Orders Refunds for IEEPA Tariffs

The Court of International Trade (CIT) has ordered U.S. Customs and Border Protection (CBP) to issue refunds for tariffs collected under the International Emergency Economic Powers Act (IEEPA). This decision follows a Supreme Court ruling invalidating these tariffs and applies to importers whose liquidations are not final.

High Court Re-Affirms 'One-Stop' Dispute Resolution in Arbitration Award Challenges

The English High Court has dismissed a challenge to an arbitral award, confirming an arbitrator's jurisdiction in a Section 67 challenge. The ruling reinforces the principle of 'one-stop' dispute resolution, particularly in settlement agreements, and clarifies the scope of an arbitrator's authority.

Latin America Crime Risk Trends 2025-2026

This notice analyzes political, economic, and financial crime risk trends in Latin America for 2025-2026. It highlights the impact of electoral cycles, US national security policies, and organized crime on financial institutions and corporate governance across the region.