News & Events

Partners Leah Malone and Michael Osnato were quoted in a Law360 article titled, “Compliance Priorities In 2024 Include Climate And AI,” which discussed compliance trends and regulatory developments that CCOs should watch in 2024. When commenting on climate disclosure regulations, Leah noted that U.S.-based companies should watch to see how the disclosure requirements play out with the EU’s Corporate Sustainability Reporting Directive because “This regime will not only pull in global operators, but also trickle down to suppliers and other related vendors, requiring a much more granular reporting on a wider range of sustainability topics.” On SEC enforcement priorities, Michael indicated that the regulator’s focus on off-channel communications may land squarely on registered investment advisers in 2024. He explained, “Rather than waiting, CCOs should ensure that they continue to enhance their policies and procedures applicable to off-channel communications and continue to educate and train investment professionals as to the importance of conducting advisory business on firm-approved communications channels.”

To read the full article, please click here (subscription required).