Regulatory Radar

REGULATORY RADAR - On October 25, 2021, NY Gov. Kathy Hochul signed into law Senate Bill S4394A, which amends an existing labor law to enhance protections for private-sector employees who allege retaliation for reporting violations of a law, rule, or regulation.

REGULATORY RADAR - On November 2, 2021, the United States, the European Union, and partners formally launched the Global Methane Pledge.

REGULATORY RADAR - Around the world, increasingly regulators are requiring companies to disclose risks inherent in light of the changing climate. Here’s the latest from the last 30 days.

REGULATORY RADAR - On November 17, 2021, the European Commission proposed a law intended to prevent the import of products linked to deforestation into the EU.

REGULATORY RADAR - On November 10, 2021, the Colorado Department of Labor and Employment (CDLE) published three final rules to go into effect on January 1, 2022, including updated wage protection rules for employers with operations in the state.

REGULATORY RADAR - In October 2021, the Portuguese government passed new labor laws effectively prohibiting managers in companies that employ 10 people or more from contacting direct reports after working hours.

REGULATORY RADAR - On November 3, 2021, the International Financial Reporting Standards (IFRS) Foundation announced the creation of a new standard-setting board, the International Sustainability Standards Board (ISSB).

REGULATORY RADAR - Starting on January 1, 2022, California’s Short-Lived Climate Pollutants organic waste and food collection regulation becomes enforceable.

REGULATORY RADAR - On October 25, 2021, the EEOC posted updated and expanded technical assistance related to the COVID-19 pandemic, addressing questions about religious objections to employer COVID-19 vaccine requirements.

REGULATORY RADAR - On December 16, 2021, the United States Office of the Comptroller of the Currency (OCC) announced draft principles designed to support the identification and management of climate-related financial risks by banks with more than $100 billion in total consolidated assets.

REGULATORY RADAR - Family and medical leave laws are expanding in the American states of Connecticut and New York.

REGULATORY RADAR - On January 1, 2022, the European Commission announced that it has begun consultations with sustainable finance experts on a draft text of an act to complement the EU Taxonomy covering certain gas and nuclear activities.