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Wilson Sonsini Goodrich & Rosati

Takeaways from CARB’s Workshop on California’s Corporate Greenhouse Gas Reporting Program

In late August 2025, the California Air Resources Board (CARB) held its second virtual public workshop to support the development of California’s corporate greenhouse gas (GHG) reporting and climate-related financial risk...more

Ropes & Gray LLP

California Air Resources Board Publishes Draft SB 261 Guidance

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Last night, the California Air Resources Board (CARB) released draft guidance on the Climate‐Related Financial Risk Act (Health & Safety Code Section 38533/Senate Bill 261). This disclosure mandate will require subject...more

Pillsbury Winthrop Shaw Pittman LLP

Court Declines to Halt Climate Disclosure Laws as CARB Pursues Delayed Rulemaking

New laws take effect January 1 while regulated entities still await implementing regulations from California Air Resources Board....more

Husch Blackwell LLP

Colorado Delays AI Act Compliance: What Lawyers and Business Leaders Need to Know

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Key point: During Colorado’s legislative special session, which aimed to address budgetary shortfalls resulting from this year’s federal appropriations act, lawmakers approved a delay in the Colorado AI Act’s effective dates....more

Cooley LLP

CARB Workshop Provides Additional California Climate Law Disclosure Guidance

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The California Air Resources Board (CARB) held a virtual public workshop on August 21 to refine implementation of the state’s corporate climate-disclosure laws – Senate Bills 253 and 261 (amended by SB 219). In advance of...more

Skadden, Arps, Slate, Meagher & Flom LLP

FDA Pivots on Publishing Complete Response Letters, Raising SEC Disclosure and Securities Litigation Implications

On July 10, 2025, the U.S. Food and Drug Administration (FDA) announced that it was embracing “radical transparency” by publishing more than 200 Complete Response Letters (CRLs) — letters the agency issues to a sponsor when...more

Cozen O'Connor

When Algorithms Deny: AI and the New Frontier of Bad Faith

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As industries across the board adopt artificial intelligence (AI), insurers have likewise recognized its potential to enhance efficiency in claims administration. Yet with this opportunity comes tension: consumers expect both...more

Burr & Forman

U.S. AI Laws and What They Mean for Your Business

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It seems like everywhere you look, artificial intelligence (“AI”) is being talked about. It no longer carries that stigma that it is just for tech giants. Businesses across industries are integrating AI into their operations....more

Cozen O'Connor

State AGs Are Stepping Up — Is Your Bank Ready for Multistate Scrutiny?

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The CFPB has scaled back some enforcement priorities, and the states have noticed. Certain states – including California, New York, Texas, and Connecticut – are particularly active, pursuing UDAP violations, privacy issues,...more

Jaburg Wilk

Think Twice Before You Type: AI Chats May Not Be Private or Protected

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Last week, I was half-listening to one of my favorite podcasts during a workout when something OpenAI CEO Sam Altman said immediately caught my attention. He was chatting it up with comedian Theo Von on This Past Weekend when...more

Bradley Arant Boult Cummings LLP

The Keep Call Centers in America Act of 2025: What Financial Services Companies Need to Know

On July 29, 2025, Sens. Ruben Gallego (D-AZ) and Jim Justice (R-WV) introduced the Keep Call Centers in America Act of 2025. The act targets the offshoring of call center operations, imposes new disclosure rules for customer...more

Clark Hill PLC

Colorado AI Law update: Special legislative session offers opportunity for revisions

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Colorado Governor Jared Polis has called a special legislative session set to begin Aug. 21 to address Colorado’s AI law (the Colorado Artificial Intelligence Act or “CAIA”), which is currently scheduled to take effect Feb....more

NAVEX

Exactly What Are ‘Systemic’ AI Risks, Anyway?

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As artificial intelligence keeps marching into the corporate world, compliance and risk management teams must start grappling with its many risks. That means compliance officers have an important question they need to answer...more

Lathrop GPM

Trends in State-Based AI Governance Regulations

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Texas recently became the latest state to enter the conversation about AI governance regulation with House Bill 149, the Texas Responsible Artificial Intelligence Governance Act (TRAIGA) in June. As states continue to grapple...more

Offit Kurman

The “One Big Beautiful” Bill and the State of AI Regulation

Offit Kurman on

After several weeks of back and forth on a potential 10-year moratorium on state or local AI legislation and regulation enforcement, the final version of the so-called One Big Beautiful Bill Act, signed into law on July 4,...more

Whiteford

Client Alert: The New Terrain for Going Public—Strategic Insight for Capital Raisers Amid Regulatory Change

Whiteford on

Imagine a small, fast-growing tech company preparing to go public in 2025. The leadership team, relying on practices that were standard just a few years ago, drafts generic risk disclosures, leans on flexible governance...more

Wilson Sonsini Goodrich & Rosati

Preparing for SB 261: Climate-Related Financial Risk Disclosure Reports Due by January 1, 2026, for Covered Companies

SB 261 requires companies with over $500 million in total annual revenue that do business in California to publish a climate-related financial risk report (Risk Report) by January 1, 2026, and every two years thereafter,...more

Oberheiden P.C.

Keys to a Successful CFIUS Compliance Program

Oberheiden P.C. on

The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee that is tasked with reviewing foreign investments in U.S. business entities and real estate assets. For foreign investors,...more

Ropes & Gray LLP

Australian Government Launches Consultation on Strengthening Modern Slavery Act

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The Australian Attorney-General’s Department has commenced a consultation on potential amendments to the Modern Slavery Act. The Act requires entities based or operating in Australia with annual consolidated revenue of A$100...more

Miller Nash LLP

Franchise Exemptions: Tool or Strategy?

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A company considering franchising may see exemptions as an ideal way to avoid burdensome registration and disclosure requirements and streamline their path to market. Indeed, exemptions reduce time, avoid the process of...more

Latham & Watkins LLP

Recent Developments for Directors July 2025

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The D&O insurance market has become more favorable for insureds, with many insurers competing for placements, allowing enterprising companies and their counsel to negotiate expanded coverage and policy enhancements....more

A&O Shearman

FSB update on progress under 2021 roadmap on climate-related risks

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The Financial Stability Board (FSB) has published its 2025 progress report on the implementation of its 2021 Climate Roadmap. The report provides a factual overview of progress made across four key areas: disclosures, data,...more

A&O Shearman

ESMA statement advises CASPs on mitigating investor risks over unregulated products

A&O Shearman on

The European Securities and Markets Authority (ESMA) has issued a public statement addressed to crypto-asset service providers (CASPs) that offer both regulated and unregulated services under the Markets in Crypto-Assets...more

Patomak Global Partners

American Bankers Association Conference Focused on AI

In June 2025, the ABA held its annual Risk and Compliance Conference. The conference heavily focused on how banks are leveraging AI to support front-, middle-, and back-office functions. Conference participants noted that...more

Perkins Coie

Delayed EU Code of Practice Provides Compliance Framework for General-Purpose AI Models

Perkins Coie on

Key Takeaways - - The European Commission published its Code of Practice for General-Purpose AI (GPAI) Models on July 10, 2025, following three draft versions and just weeks before the first AI Act obligations take effect....more

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