Tom Epps, white collar defense and investigations partner at Cooley, was quoted in The Law Society Gazette about the entry into force of the “failure to prevent fraud” offense under the UK Economic and Corporate Transparency Act 2023. In the article, Epps describes the act as a “landmark piece of legislation,” emphasizing its potential to significantly strengthen UK enforcement capabilities against fraud and other economic crimes. He also predicts a…
The Federal Reserve (Fed) has devoted its entire Second Issue 2025 of Consumer Compliance Outlook (Outlook) to fraud – a rare, single-topic focus that underscores regulators’ and industry’s heightened concern for addressing financial fraud. The Outlook’s special fraud issue was published amid sharply rising fraud and scam losses. US consumers reported $12.5 billion lost to fraud in 2024, a 25% jump from 2023. Banks are feeling the strain too –…
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The Make America Healthy Again (MAHA) Commission released the Make Our Children Healthy Again Strategy (MAHA Strategy) this week. Consistent with the MAHA Strategy’s overall theme of increasing transparency and trust with the American public, the Department of Health and Human Services (HHS) and the Food and Drug Administration (FDA) plan to take several key actions in the food space, including reforming the process for establishing food that is Generally…
Cooley special counsel, Asha Allam, was mentioned in Home News Now about her presentation at the American Home Furnishings Alliance (AHFA) 2025 Regulatory Summit, where she explained that the US Consumer Product Safety Commission (CPSC) was intensifying its enforcement of product recalls. Allam said that furniture makers, retailers and distributors must proactively report potential hazards and demonstrate product safety – or risk civil penalties and even criminal investigations. Read the…
Washington is currently imposing a 39% tarrif rate on many swiss exports. As a possible countermeasure, there is discussion about suspending the OECD/G20 minimum tax in order to ease the tax burden on affected companies. The timing may seem favorable, as the framework is under international pressure: four years ago, more than 130 countries signed a declaration of intent, but to date only around 60 have implemented parts of it—mainly…
Let’s be frank: the core purpose of a company is profit. But many firms also want to make an impact, whether it’s helping their customers solve a problem, filling a gap in a market, or promoting broader social change. In more-ambitious cases, these dueling motivations can create a seeming paradox: Is it possible to build a business and a better world at the same time? The answer, according to Kellogg’s…
It’s a familiar experience for today’s online shoppers: seeing tailored offers and promoted items while you’re filling your cart. A search returns “sponsored” items at the top of the results, and embedded ads suggest additional purchases based on your browsing history. Picking out some pasta? Maybe you’d like to try this sauce. Typically order water filters every 6 months? Here’s a helpful reminder—and a recommended brand. These platforms, called retail…
The First 100 Days: Setting the Strategy in Motion The 100-day plan should reflect an informed, forward-leaning investment thesis. Sponsors must enter with a clear sense of how to create inroads into new segments, test adjacent plays, and elevate long-term initiatives from “potential” to “demonstrated.” The goal is not to finalize every move in the first three months, but to lay the groundwork. The most successful holds are those where…
Somewhere between a resignation email and the fifth "team-building" lunch of the quarter, the CEO sighs: "We have an HR problem." But what if the problem isn’t HR? What if the problem is you built a company like a tent—and expected it to stand like a tower? We’re in an era where HR has become the scapegoat for everything a business hasn’t structurally addressed: toxic managers, flaky culture, burnout epidemics,…
The visit showcased Oxford’s global leadership in medical science and innovation, particularly in the areas of vaccine development and manufacture, and disease prevention. His Royal Highness was welcomed by His Majesty’s Lord-Lieutenant of Oxfordshire, Mrs Marjorie Glasgow, and received by Professor Irene Tracey, Vice-Chancellor of the University of Oxford. At the Clinical BioManufacturing Facility, His Royal Highness was introduced to Professor Catherine Green, Head of the Facility, Professor Dame Sarah…
Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.
How can OEMs navigate frugal consumers and shifting macroeconomics in the increasingly competitive white goods sector? We examine our latest global state of the industry customer survey to learn more.
RegTech, or “regulatory technology,” refers to technologies that improve processes at financial-services organizations, particularly those related to risk and compliance.
Securing rising living standards for all Americans requires action on the affordable housing shortage.
State governments will need to balance a complex range of costs and a full view of the benefits as they weigh their strategies in data center development.
Nerves of steel or “same old, same old”? Either way, dealmakers stared down volatility, leading to higher global M&A activity in the first half of this year.
“All that work, and what did it get us?” Leaders feel frustrated when transformations fall short, but they can achieve their goals by avoiding six common pitfalls.