On May 17, 2024, the Director of the Division of Corporation Finance of the Securities and Exchange Commission, Erik Gerding, and the Chief Accountant, Paul Munter, issued a statement regarding International Financial Reporting Standard (IFRS) 19, Subsidiaries without Public Accountability: Disclosures, or IFRS 19.
What is IFRS 19? IFRS 19 allows certain subsidiaries of reporting
In this MB Microtalk video, Mayer Brown’s Larry Cunningham goes over governance and management related disclosure requirements in the SEC’s recently finalized climate disclosure rules.
Visit our MB Microtalk page for more topics and talks.
In this MB Microtalk video, Mayer Brown’s Anna Pinedo provides an overview of the SEC’s climate disclosure rules.
Visit our MB Microtalk page for more topics and talks.
The SEC paused implementation of the climate-related disclosure rules in the face of significant legal challenges. The rules would impose substantial disclosure mandates on companies, including concerning the costs of extreme weather events, corporate strategies for addressing climate change, corporate governance procedures and, for certain companies, greenhouse gas emissions.
The SEC had proposed the rules
The Fifth Circuit restored the SEC’s climate disclosure regulations today after an administrative stay (see the alert on the stay here).
The Fifth Circuit decision to lift the stay follows after yesterday’s announcement that the US Court of Appeals for the Eighth Circuit will hear a case consolidating nine of the lawsuits across the
In this MB microtalk video, Mayer Brown’s Jen Carlson discusses practical considerations for companies implementing the SEC’s new climate-change disclosure rules, such as conducting gap analyses, reviewing disclosure controls and ICFR considerations.
Visit our Free Writings & Perspectives Blog for more topics and talks.
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
The Securities and Exchange Commission adopted (in a 3-2 vote) final rules related to climate-related disclosures. These rules had first been proposed in March 2022. In his opening remarks, SEC Chair Gensler noted that the climate-change related disclosure rules will apply to public companies and to public offerings, and are intended to benefit investors by
The Securities and Exchange Commission’s Investor Advisory Committee will hold a meeting on March 7, 2024, during which it will discuss the SEC’s equity market structure proposals. The Committee also will consider a recommendation on digital engagement practices (see here), which the Committee had previously discussed. Finally, the Committee will host a panel regarding