Curious about how financial institutions, their service providers, and their federal regulators are using and overseeing machine learning and other AI tools? A new GAO report published on May 19th (the “Report”) provides a...more
5/28/2025
/ Artificial Intelligence ,
Banking Sector ,
Federal Reserve ,
Financial Institutions ,
Financial Services Industry ,
GAO ,
Machine Learning ,
NCUA ,
OCC ,
Regulatory Oversight ,
Risk Management
The Department of Justice has finalized prohibitions and restrictions on cross-border transfers of certain data to China and other “Countries of Concern” (as defined below). It seeks to address what is, in the U.S....more
1/21/2025
/ Artificial Intelligence ,
China ,
Cuba ,
Data Privacy ,
Data Security ,
Department of Justice (DOJ) ,
International Data Transfers ,
International Emergency Economic Powers Act (IEEPA) ,
Iran ,
National Security ,
Personal Data ,
Russia
The Cybersecurity and Infrastructure Security Agency (CISA), a division of the Department of Homeland Security, has proposed a rule that would govern whether, when, and how companies in critical infrastructure sectors report...more
Over 5,000 privacy professionals from around the world gathered in Washington, D.C. this month for the International Association of Privacy Professionals’ Global Privacy Summit 2024. The conference focused on debating the...more
On November 1, the New York Department of Financial Services (NYDFS) amended its cybersecurity regulations to set additional notification, administrative, training and technical requirements. The Amended Cybersecurity...more
The California Department of Financial Protection and Innovation (DFPI) may soon have another regulatory regime under its belt—answering the long-open question of digital asset regulation in California....more