All across the world, climate disclosure regulations are among the most significant and complex challenges faced by companies and boards, with a variety of requirements emanating this past year from numerous governmental authorities and non-governmental organizations.
At Mayer Brown, I had the honor of leading a group of 21 partners from across 14 of the…
Lawrence A. Cunningham & Bill Hayes
The SEC’s climate disclosure rule will have obvious and enormous impacts on company disclosure teams, including lawyers, accountants, and compliance personnel. What about boards of directors? The Editor of Directors & Boards magazine, Bill Hayes, recently opened that topic with Mayer Brown’s Lawrence Cunningham, who has been closely involved…
April 3, 2024 Webinar
1:00 p.m. – 2:00 p.m. EST
Register here.
After much anticipation, on March 6, 2024, the US Securities and Exchange Commission voted to adopt final rules that require reporting by public companies of climate change-related disclosure. While the final rules differ from the SEC’s controversial proposed rules in significant ways…
The Securities and Exchange Commission (the “SEC”) has adopted new rules that require public companies to disclose substantial information about the material impacts of climate-related risks on their business, financial condition, and governance (the “Final Rules”). The SEC says that “climate-related risks, their impacts, and a public company’s response to those risks can significantly affect…
Mayer Brown welcomes Dale Baker, Vice President, Trust Policy from the American Bankers Association to our upcoming panel discussion on the FDIC’s Governance Proposal.
Webinar, March 15, 2024
12:00 p.m. ET – 1:00 p.m. ET
Register here.
On October 11, 2023, the Federal Deposit Insurance Corporation (FDIC) issued a far-reaching proposal for new corporate…
The Securities and Exchange Commission adopted (in a 3-2 vote) final rules requiring disclosures about the material impacts of climate-related risks on their business, financial condition, and governance.
These rules had first been proposed in March 2022. The SEC adopted the final rules after considering, over a two-year period, some 4,500 unique comment letters from…
In the past year, Mayer Brown’s Larry Cunningham has twice testified before Congress on aspects of corporate governance and securities disclosure, along with co-authoring several comment letters on such topics as the SEC’s climate disclosure proposal and the FDIC’s corporate governance proposal. Most recently, his written testimony from last month’s hearing on oversight of the…
The SEC’s new rules on the disclosure of cybersecurity matters were finalized on July 26, 2023, and in effect since December 2023. Directors & Boards recently published a review…
It’s well known that the SEC’s pending climate disclosure rule stoked a great deal of debate, particularly concerning the costs and benefits and questions of the SEC’s authority. Equally important are some less dramatic but more profound practical concerns about the rule’s auditing requirements.
Consider the views on this topic of CohnReznick, a national accounting firm…
Mayer Brown’s Larry Cunningham testified today before the House Financial Services Committee at a hearing titled: Oversight of the SEC’s Proposed Climate Disclosure Rule: A Future of Legal Hurdles.
The SEC’s proposed climate risk disclosure rules, which we discussed here have proven to be quite controversial and generated significant comment from market participants. The SEC is…
