Fashion Law Update

President Donald J. Trump signed H.R. 1, the One Big Beautiful Bill Act into law on 4 July 2025 in an afternoon signing ceremony at the White House.

In late May 2025, the Consumer Protection Cooperation Network and the European Commission concluded a joint investigation into online marketplace and e-retailer SHEIN.

On 22 December 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments (the final rule) to Rule 206(4)-1 under the Investment Advisers Act of 1940 (the Advisers Act) to modernize the regulation of investment adviser advertising and solicitation practices.

Starting on 30 June 2024, with the application of the first of two introduction phases of the Regulation on Markets in Crypto-assets across all member states of the European Union, the EU has introduced for the first time a harmonized regulatory framework as well as accompanying passporting rights for service providers of the crypto-asset market, affecting both traditional institutions of the financial sector and new players emerging in the crypto-ecosystem.