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Nursing care centers: Joint Commission releases new and revised emergency management standards
The Joint Commission has significantly revised the Emergency Management (EM) chapter for accredited nursing care centers.
United Kingdom | Publication | June 2019
On June 21, 2019 the European Commission published two Commission Delegated Regulations, in the Official Journal which supplement the new Prospectus Regulation. The Delegated Regulations will also repeal certain delegated regulations which relate to the existing Prospectus Directive.
Commission Delegated Regulation (EU) 2019/979 relates to regulatory technical standards on key financial information in the summary of a prospectus, the publication and classification of prospectuses, advertisements for securities, supplements to a prospectus, and the notification portal. Delegated Regulation (EU) 2019/979 is in the same form as the final draft text published by the Commission on March 14, 2019 and will apply from July 21, 2019.
Commission Delegated Regulation (EU) 2019/980 addresses the format, content, scrutiny and approval of prospectuses. Delegated Regulation (EU) 2019/980 is in the same form as the final draft text published by the Commission on March 14, 2019 and will apply from July 21, 2019.
(Commission Delegated Regulation (EU) 2019/979 – Regulatory technical standards)
On June 24, 2019 the European Securities and Markets Authority (ESMA) published a survey which aims to gather evidence on potential short-term pressures on corporations stemming from the financial sector. Considering the impact of short-termism forms part of ESMA’s work on sustainable finance and relates to the European Commission’s Action Plan on “Financing Sustainable Growth”.
ESMA considers short-termism to be the focus on short time horizons by both corporate managers and financial markets, prioritising near-term shareholder interests over long-term growth of the firm. With the survey, ESMA is seeking to collect information on market practices and the views of financial market participants. Responses to the survey will contribute to ESMA’s analysis of potential sources of undue short-termism on corporations with an aim of identifying areas in which existing rules may contribute to mitigating undue short-termism and areas where the rules may exacerbate short-term pressures.
The consultation seeks feedback from stakeholders on areas, including
The survey also provides respondents with the opportunity to raise any additional considerations on the topic of undue short-term pressure on corporations from the financial sector which they have not been able to reflect elsewhere in the survey.
Responses to the survey should be received by July 29, 2019 and ESMA is expected to deliver a report to the European Commission based on its findings by December 2019.
(ESMA: Consultation on short-term pressure on corporations, 24.06.19)
On June 25, 2019 the Financial Services and Markets Act 2000 (Prospectus) Regulations 2019 (the Regulations) were published. The Regulations make amendments to the Financial Services and Markets Act 2000 (FSMA) (and to certain related legislation) to ensure that such legislation is compatible with the new Prospectus Regulation. The Regulations come into force on July 21, 2019.
In summary, the Regulations
Publication
The Joint Commission has significantly revised the Emergency Management (EM) chapter for accredited nursing care centers.
Publication
On September 15, 2024, the Federal Executive Branch published a reform to the Mexican Constitution that directly impacts the organizational structure, administration and operation of the Federal Judicial Branch.
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In last year’s Monitor, we introduced Nasdaq Rule 5605 and 5606 (the “Nasdaq Rule”), which requires Nasdaq-listed companies (with some exceptions) to eventually have, or explain why they do not have, at least two diverse board members, including at least one who self-identifies as female.
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