U.S. Addresses Long-Standing Gap in its AML Compliance Regime
On January 1, 2021, the U.S. Senate voted to override President Donald Trump’s veto of the National Defense Authorization Act for Fiscal Year 2021, a legislative package that includes the Anti-Money Laundering Act of 2020. The passage of the AML Act closes one of the biggest gaps in the U.S. anti-money laundering regime and moves […]
Pandemic-Driven Issues Complicating Tech CFOs’ 2021 Spending Decisions
Even for high-growth technology companies that performed fairly well during the last 12 months, 2021 capital-spending decisions are being made with significant restraint and apprehension. The ongoing rollout of promising COVID-19 vaccines notwithstanding, the pandemic’s far-reaching effects on consumer behavior, the labor market, wages, office space, technology and supply chains, to name a few, have […]
SPACs Are Hot But Be Well Prepared – The SEC Is Watching
The prevalence of Special Purpose Acquisition Companies (SPACs) has expanded dramatically over the past year as organizations capitalize on a more streamlined path to public ownership. But key steps still must be taken and regulatory requirements still must be observed to protect shareholders. The U.S. Securities and Exchange Commission (SEC) is watching, and SPAC sponsors […]
