On December 18, 2025, the President of the United States signed into law the Holding Foreign Insiders Accountable Act (“HFIAA”), making officers and directors of foreign private issuers (“FPIs”) subject to public reporting of holdings of, and transactions in, the issuers’ equity securities under Section 16(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The new law will become effective on March 18, 2026.Continue Reading Section 16(a) Insider Reporting: Legislation Ends Foreign Private Issuer Exemption
Jorge U. Juantorena
Preparing an Annual Report on Form 20-F – Guide for 2026
By Jorge U. Juantorena, Jonathan Mendes de Oliveira, Nina E. Bell, Sonia Montejano & Leticia Daruge on
Posted in Corporate Law, SEC Guidance
Form 20-F is the form used for an annual report of a foreign private issuer (“FPI”) filed with the U.S. Securities and Exchange Commission (the “SEC” or the “Commission”). This alert memorandum summarizes considerations that will affect the preparation of the annual report on Form 20-F for the year ending on December 31, 2025 (the “2025 20‑F”) and certain other developments pertinent to FPIs.Continue Reading Preparing an Annual Report on Form 20-F – Guide for 2026
Preparing An Annual Report on Form 20-F – Guide for 2021
By Nick Grabar, Jorge U. Juantorena & Linda Zang on
Posted in SEC Guidance
This memorandum addresses the preparation of a foreign private issuer’s annual report on Form 20-F, describing changes in the form and related rules that have taken effect in 2020, and highlighting other areas for particular attention in the next annual report.
Please click here to read the full alert memorandum.