Apr 6, 2021
Edoardo Saravalle
On January 1, 2021, Congress passed the Anti-Money Laundering Act (“AMLA”), a sweeping reform of the U.S. anti-money laundering legal framework. Now, regulators should strive for an innovative implementation strategy: they should focus on flexibility and adaptability and avoid rigid rules and formalistic tests.
Apr 6, 2021
Jenny Li
The “Brussels Effect,” a term first coined by Professor Anu Bradford of Columbia Law School in 2012, refers to the phenomenon of stringent regulations of the European Union being exported to other countries through market forces rather than formal laws, resulting in “unilateral regulatory globalization.”
Mar 30, 2021
B. Keith Geddings II
The Special Purpose Acquisition Company ("SPAC") is a shell company used to raise money for the purpose of acquiring or merging with another company. They’re modeled after the blank check companies first seen in the 1980s. SPACs were hugely popular in the runup to the great recession before seeing a drop-off in activity, but if recent years are to be taken as indicative, SPACs are enjoying a massive resurgence.
Vol. 2020 No. 3
Published: Jan 23, 2021
Due to COVID-19, CBLR is experiencing a production delay as we and Columbia University continue to comply the New York State stay at home order. Please stay safe and healthy. Thank you.