Shearman And Sterling

Shearman & Sterling is firmly committed to helping clients achieve their business objectives. With a focus on our clients’ changing needs and goals, we deliver a wide range of materials and services to keep them up to date and informed.

Perspective

FTC Increases HSR Thresholds in 2022

January 21, 2022

On January 21, 2022, the U.S. Federal Trade Commission (FTC) announced the annual changes to the thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”). The official publication is expected to be released in the Federal Register on January 24, 2022. The new size of transaction threshold is $101 million. The new HSR Act thresholds will go into effect 30 days after the official publication and will apply to all transactions closing on or after that date.

Perspective

Sanctions Round Up: Fourth Quarter 2021

January 20, 2022

Closing the year with a renewed focus on the People’s Republic of China, the Biden Administration imposed new export restrictions on US-origin technology to Chinese tech firms to hinder the PRC’s military and security apparatuses, sanctioned several Chinese officials in Hong Kong for purported encroachments on the region’s autonomy, and signed bipartisan legislation aimed at preventing the importation of goods produced by forced labor.  Meanwhile, the State Department sanctioned a construction company for its involvement in the Nord Stream 2 pipeline, as President Biden worked with allies to try to leverage NS2’s operation to deescalate tensions at the Russia-Ukraine border.   Amid a notable rise in cyber-attacks worldwide, OFAC sanctioned a virtual currency exchange for facilitating ransomware transactions and the Department of Commerce blacklisted companies who develop cyber-enabled technology.  Finally, enforcement actions this quarter highlight how human errors can lead to compliance gaps by undermining automated controls.

Perspective

2022 Proxy Season Quick Reference Guide

January 20, 2022

The 2022 proxy season is just around the corner. This quick reference guide, which is intended to supplement Shearman & Sterling’s 19th Annual Corporate Governance & Executive Compensation Survey, summarizes themes from the 2021 proxy season and developing trends to consider for 2022.

Perspective

Will CBDCs Change the World?

January 12, 2022

Perspective

Shearman & Sterling’s Recent Trends and Patterns in the Enforcement of the Foreign Corrupt Practices Act (FCPA) / FCPA Digest January 2022

January 12, 2022

Shearman & Sterling’s bi-annual Trends & Patterns in FCPA Enforcement report provides insightful analysis of recent enforcement trends and patterns in the U.S., the U.K., and globally, as well as helpful guidance on emerging best practices in FCPA and global anti-corruption compliance programs.

Perspective

Asia-Pacific Hydrogen Summit 2021

January 11, 2022

The 2nd Asia-Pacific Hydrogen Summit 2021, organized by the Sustainable Energy Council, was held on December 8-10, 2021. This virtual summit gathered over 200 industry regulators, private sector leaders, researchers, and business associations to provide clear and actionable insights into the latest projects and trends within the industry.