Civil Law

U.S.- Immigration agency updates guidelines for officials’ treatment of Red Notices (part 2 of 3)

On September 29, 2023, the U.S. Immigration and Customs Enforcement (ICE) issued new agency-wide guidelines regarding how its employees will address cases in which Red Notices and Diffusions.

The complete guidelines are found here, and the most relevant provisions (in my estimation) are listed in our last blog post.

In part one of this series, we referenced the fact that some of the new provisions would likely be more impactful in a practical sense than others. The provisions that are … Read the rest

Civil Law

South Korea’s FSS Introduces New ESG Rating Guidelines to Enhance Transparency

On January 15, 2023, South Korea’s Financial Supervisory Service (“FSS”) issued new guidelines (the “Guidelines”) (Korean language only) to enhance transparency on the methods and procedures used by credit rating agencies to perform ESG bond certification evaluations. In announcing the Guidelines, the FSS noted that, prior to their introduction, there were no specific rules or regulations in South Korea covering the ESG certification process. The FSS also indicated that currently it is difficult to compare ESG … Read the rest

Supreme Court

Divided court declines to reinstate Biden’s immigration guidelines, sets case for argument this fall

Divided court declines to reinstate Biden’s immigration guidelines, sets case for argument this fall

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The Supreme Court will again weigh the executive branch’s authority to set immigration policy as some red states claim that the Biden administration’s enforcement decisions are too lax. The justices on Thursday agreed to take up a challenge by Texas and Louisiana to a new federal policy that prioritizes certain groups of unauthorized immigrants for arrest and deportation. The justices will hear the case in late November without waiting for a federal appeals court to weigh in.

The justices … Read the rest

Civil Law

Brazilian insurance regulator publishes guidelines on sustainability requirements for the insurance sector

On 29 June 2022, the Brazilian Superintendence of Private Insurance (“SUSEP”) published Regulation No. 666/2022, setting forth sustainability requirements applicable to the Brazilian insurance sector. Its goal is to establish guidelines for management of risks that are directly related to ESG policies of insurance and capitalization companies, local reinsurers and pension funds.

Pursuant to the new requirements, regulated entities must ensure that sustainability risks are properly managed, particularly by preparing a triennial materiality assessment identifying, assessing and classifying … Read the rest