On August 2, the European Union Artificial Intelligence Act (the Act) became effective. It is the world’s first comprehensive legal framework for regulating artificial intelligence (AI) and aims to ensure that AI products and...more
On November 27, the California Privacy Protection Agency (CPPA) released draft regulations on automated decision-making technologies (ADMT) pursuant to the Consumer Privacy Protection Act, as amended (CCPA). The proposed ADMT...more
President Biden recently signed the Executive Order on Enhancing Safeguards for United States Signals Intelligence Activities and supporting regulations (collectively, the “Executive Order”), enhancing privacy and civil...more
10/18/2022
/ Corporate Counsel ,
Data Security ,
EU ,
EU-US Privacy Shield ,
European Commission ,
European Court of Justice (ECJ) ,
Executive Orders ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Joe Biden ,
U.S. Commerce Department
Summaries of recent legislative and regulatory developments with respect to:
•The SEC’s Examination Priorities for 2021-
•The SEC’s Focus on Digital Asset Securities-
•The SEC’s New Marketing Rule... ...more
4/1/2021
/ Accredited Investors ,
Anti-Money Laundering ,
BEA ,
Broker-Dealer ,
CARES Act ,
CFIUS ,
Chief Compliance Officers ,
Client Funds ,
Common Reporting Standard (CRS) ,
Compliance ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
Digital Assets ,
Disclosure ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Fraud ,
Financial Industry Regulatory Authority (FINRA) ,
FinTech ,
Foreign Investment ,
Form CRS ,
General Data Protection Regulation (GDPR) ,
IARD ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Portfolios ,
Net Operating Losses ,
Office of Foreign Assets Control (OFAC) ,
Recordkeeping Requirements ,
Registered Investment Advisors ,
Safe Harbors ,
SEC Examination Priorities ,
Securities and Exchange Commission (SEC) ,
Tax Cuts and Jobs Act ,
U.S. Treasury ,
Unauthorized Transactions
As we began exploring last week in Part I of our Post-Brexit, Schrems II, and the GDPR: Privacy Compliance Priorities in Early 2021 series, significant developments in late 2020 charted a course in privacy/cyber compliance...more
2/1/2021
/ DPA ,
EU ,
EU-US Privacy Shield ,
European Commission ,
European Data Protection Board (EDPB) ,
European Economic Area (EEA) ,
General Data Protection Regulation (GDPR) ,
Schrems I & Schrems II ,
Standard Contractual Clauses ,
UK ,
UK Brexit
On December 31, 2020, the Brexit transition period ended and the United Kingdom’s (UK) domestic implementation of the GDPR, the UK Data Protection Act 2018, as amended (UK GDPR), now governs the processing of personal data in...more
The Court of Justice of the European Union (CJEU) Invalidates the EU-U.S. Privacy Shield-
On July 16, 2020, the CJEU invalidated the EU-U.S. Privacy Shield (the Privacy Shield) in its decision in Facebook Ireland v. Schrems...more
7/17/2020
/ Corporate Counsel ,
Court of Justice of the European Union (CJEU) ,
Data Collection ,
Data Transfers ,
EU ,
EU-US Privacy Shield ,
European Court of Justice (ECJ) ,
General Data Protection Regulation (GDPR) ,
Standard Contractual Clauses ,
Surveillance ,
U.S. Commerce Department
The COVID-19 pandemic has had a disparate effect on privacy regulators, with varying levels of enforcement advocated by different government entities; the California Attorney General, the U.S. Department of Health & Human...more
6/1/2020
/ Attorney General ,
California ,
California Consumer Privacy Act (CCPA) ,
Compliance ,
Consumer Privacy Rights ,
Contact Tracing ,
Coronavirus/COVID-19 ,
COVID-19 Consumer Data Protection Act ,
Cyber Attacks ,
Cybersecurity ,
Department of Health and Human Services (HHS) ,
Emergency Management Plans ,
Enforcement Actions ,
EU ,
European Data Protection Board (EDPB) ,
Federal Trade Commission (FTC) ,
Global Workforce ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Malware ,
Personal Information ,
Phishing Scams ,
Popular ,
Privacy Acts ,
Proposed Legislation ,
Regulatory Standards ,
Scams ,
Sensitive Personal Information ,
State and Local Government ,
UK