FY 2022 Hospital IPPS/LTCH PPS Final Rule
On August 13, 2021, CMS published in the Federal Register the final rule for the federal fiscal year 2022 inpatient prospective payment system (“IPPS ...
Public Consultation on the UK’s Early Access to Medicines Scheme Launched
On 6 August, the U.K. Medicines and Healthcare products Regulatory Agency (“MHRA”) launched a public consultation on proposed changes to the Early ...
Proposed Legislation Would Subject Carried Interests to Ordinary Income Treatment
On August 5, 2021 Senate Finance Committee Chairman Ron Wyden and Senator Sheldon Whitehouse introduced proposed legislation (the “Ending the Carried Interest Loophole Act ...
Proposed Rule on CY 2022 Physician Fee Schedule Addresses Telehealth (Especially Mental Health), Drug Pricing and Reimbursement, Provider Enrollment, Vaccines, and Physician-Owned Distributor Transparency
On July 13, 2021, the Centers for Medicare & Medicaid Services (“CMS”) released the annual Physician Fee Schedule Proposed Rule (“Proposed Rule ...
A Question of Intent: FDA Amends Intended Use Regulations with Goal to Provide More Clarity, but Significant Questions Remain
On August 2, 2021, FDA issued a final rule amending its drug and medical device regulations describing the types of evidence that FDA considers relevant ...
Updated: Developments in Drug Pricing and Price Reporting as the Congressional Recess Approaches (August 2021)
Update on Most Favored Nation Pricing Proposed Rule: On August 6, 2021, HHS issued a proposed rule to rescind the November 2020 interim final rule ...
LIBOR Update: Term SOFR Now Available
The global transition away from LIBOR recently took a major step forward when the Alternative Reference Rate Committee (the “ARRC”) endorsed a forward ...
Overview of South Africa’s Anti-Corruption Landscape, State Capture, and Recent Civil Unrest
Introduction South Africa is widely regarded as Africa’s leading liberal democracy and most industrialized country,1 and it was the only African nation ...
Finance Markets Update Summer 2021
After record-breaking activity in the first half of 2021, our partners reflect on key trends and takeaways as we move forward in Q3. Click ...
The Cross-Border Marketing Rules and Alternative Investment Funds
New rules have come into effect, but lack of certainty continues for non-EU managers Directive (EU) 2019/1160 and Regulation (EU) 2019/1156 (the ...
Ropes & Gray’s Investment Management Update June – July 2021
The following summarizes recent legal developments of note affecting the mutual fund/investment management industry: Fund of Funds Arrangements FAQs The staff of the Division ...
The European Commission’s “Fit for 55” Proposals – Implications for Industry and the Environment
On July 14, the European Commission announced its latest effort to advance the European Union’s environmental legislative agenda: “Fit for 55 ...
A step closer towards the new UK capital regime for investment firms
With less than six months to go until the new prudential regime for UK MiFID firms is due to come into effect, the FCA has ...
India Substantially Revamps CSR Requirements – The Impact on Compliance at Indian Subsidiaries of U.S.-Based Multinationals
Link Legal and Ropes & Gray previously jointly published an Alert on proposed changes to Indian corporate social responsibility requirements relevant to multinationals doing business ...
China Plans Cybersecurity Review for Tech Companies Listing Abroad
On July 10, 2021, the Cyberspace Administration of China (“CAC”), China’s top cyberspace regulator, published for public comment proposed amendments to ...
The Alien Tort Statute and Human Rights Violations – U.S. Supreme Court Continues to Take a Narrow Read
In June, the United States Supreme Court rendered its latest decision involving the Alien Tort Statute, in Nestlé USA, Inc. v. Doe et al ...
FTC Proposals Could Significantly Expand Registered Funds’ Pre-Acquisition Notice Requirements Under the Hart-Scott-Rodino Act
February 1, 2021 was the Federal Trade Commission (the “FTC”) closing date for public comments on two FTC proposals published in the Federal ...
China Adopts Data Security Law
On June 10, 2021, the Standing Committee of the National People’s Congress of the People’s Republic of China adopted the Data ...
USPTO Soliciting Input for Study on Patent Eligibility
On July 9, 2021, the USPTO published a notice in the Federal Register seeking comments on the current state of U.S. patent eligibility jurisprudence ...
Colorado Privacy Law Signed Into Law
On July 8, 2021, Colorado Governor Jared Polis signed the Colorado Privacy Act (the “Colorado Law”), a comprehensive privacy law that will take ...
Three new General Licenses expand scope of COVID-19-related activity with Iran, Syria and Venezuela under U.S. Sanctions
Despite general authorizations for humanitarian activity, U.S. sanctions have remained a challenge in response to global humanitarian crises, including the current COVID-19 pandemic ...
NCAA NIL Interim Policy: A Win for Student-Athletes, but Challenges Remain Ahead
Major Milestone for College Athletes On June 30, 2021, the governance bodies of all three NCAA divisions adopted an interim suspension of the amateurism rules ...
AMLO 2021: Is the Mexican Administration’s Fight Against Corruption All Rhetoric?
Mexico’s President Andrés Manuel López Obrador (“AMLO”) campaigned vigorously on an anti-corruption platform, but his first ...
Navigating State Regulation of ESG Investments by Investment Managers: A Rapidly Evolving and Contradictory Landscape
ESG integration by retirement plans has become front and center for regulators and political leaders across the world and in the U.S. over the ...
Supreme Court Limits Assignor Estoppel, Making Some Patents Easier to Challenge in Court
In a 5-4 decision issued on June 29, 2021 in Minerva Surgical, Inc. v. Hologic, Inc.,1 the Supreme Court has upheld but ...