Pratin Vallabhaneni

Dec 18, 2024 | jdsupra.com | Pratin Vallabhaneni

White & Case Sovereign FocusOn 16 October 2024, the Republic of El Salvador ("El Salvador") announced the financial close of a US$1 billion debt-for-nature ("DFN") swap, which was both the world's largest conservation-focused operation of this kind to date and the world's largest DFN conversion for river conservation.

Sep 16, 2024 | lexology.com | Joel Cohen |Marietou Diouf |Tami Stark |Pratin Vallabhaneni |Claudette Druehl |Robert J. DeNault

On August 28, 2024, FinCEN issued a long-awaited final rule meant to address illicit finance activities and national security threats in the asset management industry. The new rule imposes similar requirements on investment advisers that have existed for broker-dealers since 2001 and ends a period of uncertainty for registrants in this area.

Apr 9, 2024 | jdsupra.com | Claudette Druehl |Pratin Vallabhaneni

On March 27, 2024, the Securities and Exchange Commission ("SEC") adopted amendments to the rule allowing internet-based investment advisers to register with the SEC instead of with states (the "internet adviser exemption").1 The reforms modernize the 22-year-old rule by aligning its scope with current practices across this industry and addressing existing compliance challenges.

Feb 21, 2024 | lexology.com | Joel Cohen |Claudette Druehl |Marietou Diouf |Tami Stark |Pratin Vallabhaneni |Robert J. DeNault

On February 13, 2024, FinCEN proposed a long-awaited rule to combat illicit finance and national security threats in the asset management industry. The new rule would impose similar requirements on investment advisers that have existed for broker-dealers since 2001 and, if passed, would end a period of uncertainty for registrants in this area.