Eversheds Sutherland – Legal Insights (video)

​​This panel was co-sponsored by Eversheds Sutherland’s LGBT Affinity Group and the LGBT Bar Association for the District of Columbia. Eversheds Sutherland Associate Dennis Jansen serves as a co-Vice President of the DC LGBT Bar Association. 

This two-hour webcast includes a judicial and litigation outlook for 2021, a review of state tax liabilities incurred by pass-through entities, as well as work from home issues for corporations and employees.

This program will examine the intersection of RegTech tools and anti-money laundering (AML) programs for institutions, including banks, cryptocurrency exchanges, securities exchanges, broker-dealers, and investment advisers. As institutions continue to leverage RegTech tools to enhance their AML programs, we discuss the impact of these RegTech tools on customer identification programs and know-your-customer compliance, as well as suspicious activity reporting filing requirements. How should institutions utilize these RegTech tools, and what is their responsibility to supervise them? What if something goes wrong, and how should institutions ensure proper guardrails exist when implementing RegTech tools into their AML programs? We will examine these questions, along with recent AML regulatory guidance, so that institutions are well positioned to understand the risks and rewards associated with these RegTech tools.

In June, the DOL released version 3.0 of its fiduciary proposal, which formally reinstated the investment advice fiduciary definition in effect since 1975 accompanied by new interpretations that extended its reach in the rollover setting, and proposed a new exemption for conflicted investment advice and principal transactions. This proposal would become part of the patchwork of fiduciary and best interest advice regulations that impact banks, broker-dealers, investment advisers, and insurance companies.

Join Eversheds Sutherland attorneys Carol McClarnon, Mark Smith, Issa Hanna and Caitlin Naylor for a webcast on what financial institutions should be considering now in anticipation of adoption of DOL's proposal, taking into account the context of broader best interest developments.

All but three states have passed hate crimes laws, which generally provide harsher penalties for crimes motivated by a victim’s race, color, religion, national origin, sexual orientation, gender, gender identity, or disability. But how much do you know about how these laws work, who they protect, and why they’re an important tool in the fight against racism? The ACC Georgia Chapter welcomes Eversheds Sutherland's Amanda R. Giffin and John E. Sharpe to present in this engaging discussion.

The MSLP is designed for small and mid-size businesses that are unable to access the Paycheck Protection Program (PPP) or that require additional financial support after receiving a PPP loan. In general, eligible companies must have 15,000 or fewer employees or 2019 annual revenues of $5 billion or less. The Fed has committed to extending up to $600 billion of credit under the MSLP. The program, however, has come under some criticism from market participants and Capitol Hill for being too restrictive for businesses that want to borrow. 

While the Fed has made some changes to the initial terms set in April, and released the eligible lender application, as of today the MSLP is still not operational. SBIA members have expressed significant interest in the MSLP and how it might benefit their middle market companies.

Hannah Jones and Katie Taylor take stock on what can be learned from COVID-19 and implementing business continuity plans in a real life scenario. We discuss the lessons learned and practical next steps for financial services in the UK.

While the current economic environment may force some companies and PE funds to divest assets or businesses, potential buyers will have the opportunity to make smart acquisitions. Cash-stable corporates and well-invested funds alike are already considering consolidation against the backdrop of an emerging ‘new normal’ and the need for some businesses to de-leverage. 

For businesses that have been adversely impacted by COVID-19, and for those looking to grow as we emerge from lockdown, we will discuss how to structure the deal terms to ensure getting fair value and closing certainty, including:

We will address market volatility, disruption of the supply chain, the impact of a reduced workforce and workforce management on maintaining business operations, reducing power prices and power price forecasts, and understanding and accessing governmental support packages. We will answer your questions in real time, including those about the impact on:

Please submit your questions in advance as part of the registration process; there will also be the opportunity to submit questions live during the session.

Speakers: