The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) took a historic step in combating the fentanyl crisis on June 25, 2025, by exercising, for the first time, the expansive authorities granted...more
On June 9, 2025, the U.S. Department of Justice (DOJ) unveiled new guidelines for enforcing the Foreign Corrupt Practices Act (FCPA), marking a pivotal shift in how corruption cases are pursued.
The guidelines seek to...more
On May 12, 2025, Matthew R. Galeotti, the head of the DOJ’s Criminal Division, gave a speech at SIFMA’s Money Laundering and Financial Crimes Conference that previewed subsequently issued policy changes impacting the Criminal...more
5/16/2025
/ Anti-Money Laundering ,
Corporate Culture ,
Corporate Governance ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Enforcement Actions ,
Financial Crimes ,
Policies and Procedures ,
Voluntary Disclosure ,
Whistleblowers ,
White Collar Crimes
Last week, the Second Circuit, in Solomon v. Flipps Media, Inc., joined the Third and Ninth Circuits in holding that “personally identifiable information” (PII) under the Video Privacy Protection Act (VPPA) is limited to...more
While positioning itself as a global leader in artificial intelligence (AI) regulation with the EU AI Act, the EU has not historically been a global leader in innovative AI achievements. American and Chinese companies have...more
5/2/2025
/ AI Act ,
Algorithms ,
Artificial Intelligence ,
Data Management ,
EU ,
European Commission ,
Innovative Technology ,
Investment ,
Regulatory Reform ,
Regulatory Requirements ,
Technology Sector
Key Takeaways -
- The White House's Office of Management and Budget (OMB) has issued two new memorandums, which establish new federal policies for the use and acquisition of artificial intelligence (AI) by the federal...more
4/17/2025
/ Artificial Intelligence ,
Executive Orders ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
Government Agencies ,
New Guidance ,
OMB ,
Procurement Guidelines ,
Regulatory Oversight ,
Regulatory Requirements ,
Technology Sector
On March 21, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) published the text of an interim rule formally revising the Corporate Transparency Act’s (CTA) definition of “reporting...more
As long anticipated, Federal Communications Commission (FCC) Chairman Brendan Carr has launched a new proceeding to eliminate policies and rules that may no longer be necessary or that impose undue regulatory burdens. The...more
3/17/2025
/ Broadband ,
Comment Period ,
Compliance ,
Constitutional Challenges ,
FCC ,
Filing Requirements ,
Proposed Rules ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Technology Sector ,
Telecommunications
Last week, we reported that the Financial Crimes Enforcement Network (FinCEN) reinstated the Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting requirements, with a new deadline for most...more
3/3/2025
/ Beneficial Owner ,
Compliance ,
Corporate Transparency Act ,
Enforcement Actions ,
Filing Deadlines ,
FinCEN ,
New Legislation ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements ,
Temporary Hold
Earlier this week, the Financial Crimes Enforcement Network (FinCEN) issued a new notice confirming that the Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting requirements are back in effect....more
Among the over 70 executive orders rescinded by President Trump on his first day in office was President Biden’s executive order on artificial intelligence (EO 14110).
Three days later, President Trump issued his own AI...more
This year saw significant enforcement activity from the Federal Trade Commission (FTC) on privacy, data security, and related technology topics, particularly with respect to location information, health, and other sensitive...more
12/23/2024
/ Data Brokers ,
Data Security ,
Enforcement ,
Federal Trade Commission (FTC) ,
Online Safety for Children ,
Personal Data ,
Privacy Laws ,
Regulatory Agenda ,
State and Local Government ,
State Privacy Laws ,
Technology Sector
Each year, robocalls account for hundreds of thousands of consumer complaints to the Federal Communications Commission (FCC)—more than all other complaints combined. The Telephone Consumer Protection Act (TCPA), which is...more
President-elect Donald Trump’s campaign and post-election transition have given several strong indications of how the new administration is likely to approach artificial intelligence (AI) policy during his second term, which...more
12/5/2024
/ Artificial Intelligence ,
Biden Administration ,
China ,
Data Security ,
Executive Orders ,
Legislative Agendas ,
Machine Learning ,
National Security ,
New Legislation ,
OMB ,
Privacy Laws ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Risk Management ,
Technology Sector ,
Trump Administration
In recent months, a wave of lawsuits has swept across the nation, targeting websites for allegedly violating state wiretapping laws through their use of tracking software. Despite none of these statutes explicitly addressing...more
Background on Open Banking and the CFPB -
The Consumer Financial Protection Bureau (CFPB) recently finalized a rule on personal financial data rights (Rule), implementing Section 1033 of the Consumer Financial Protection Act...more
11/20/2024
/ Banking Sector ,
Competition ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Data Rights ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
New Rules ,
Open Banking ,
Popular ,
Proposed Regulation ,
Regulatory Requirements ,
Technology
With President-elect Donald Trump’s election victory and the Republicans gaining control of both houses of the legislative branch, significant policy shifts at the Federal Communications Commission (FCC) are expected, setting...more
11/14/2024
/ Acquisitions ,
Communications Decency Act ,
Congressional Committees ,
Donald Trump ,
FCC ,
Legislative Agendas ,
Mergers ,
Political Campaigns ,
Popular ,
Presidential Elections ,
Privacy Laws ,
Regulatory Agenda ,
Technology