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The U.S. House Financial Services Committee considered proposed public market reforms,
including legislation to enhance investor protections relating to
special purpose acquisition companies ( SPACs ).
At the hearing, titled Going Public - SPACs, Direct
Listings, Public Offerings, and the Need for Investor
Protections, legislators considered a bill that would amend the SA Section 27A ( Application of safe harbor
for forward-looking statements ) and SEA Section 21E ( Application of safe harbor
for forward-looking statements ) to exclude certain SPACs from
the safe harbor for forward-looking statements.
Witnesses included:
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On April 21, the President of the Republic of Uzbekistan
approved the Resolution “On additional measures to improve
the business support system and further improve the business
climate” No.ПП-5087 (the “Resolution
No.ПП-5087”).
First, the Resolution No.ПП-5087 provides financial
funds to commercial banks to finance revolving loans to replenish
the working capital of exporters when exporting goods under the
condition of deferred payment. In accordance with the document, the
financial funds are granted by the Export Promotion Agency.
In addition, the amount of sanctions is halved for exporters
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As virtual assets explode in value, use, and popularity,
governments around the world are taking notice, increasing
sanctions-related scrutiny of companies that provide related
services and focusing regulatory and enforcement oversight on these
emerging systems. In recent years, the U.S. government has taken
targeted enforcement action against virtual asset service providers
(VASPs) that either engage in illicit activity or fail to put into
place compliance programs that effectively mitigate money
laundering and sanctions evasion risks. As new players in the
virtual asset space continue to develop new products and services,