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Littler

Policy Week in Review – June 2025

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U.S. Department of Labor Expands Opinion Letter Program  - In an effort to increase official guidance and provide compliance assistance to the regulated community, the U.S. Department of Labor expanded its opinion letter...more

Skadden, Arps, Slate, Meagher & Flom LLP

House Introduces Digital Asset Market Structure Legislation, Building on Discussion Draft

On May 5, 2025, several House committees jointly introduced a discussion draft for a bill that would establish a regulatory framework for digital assets. On May 29, House Financial Services Committee Chairman French Hill,...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - June 5, 2025

House Introduces Bipartisan Bill To Clarify Crypto Regulation - On May 29, a bipartisan group of lawmakers, led by House Committee on Financial Services Chairman French Hill (R-Ark.), introduced the Digital Asset Market...more

Eversheds Sutherland (US) LLP

Senators oppose FinCEN’s Interim Final Rule on the Corporate Transparency Act

On May 27, 2025, Senators Sheldon Whitehouse (D-RI) and Charles E. Grassley (R-IA) submitted a comment to US Treasury Secretary Scott Bessent expressing strong opposition to the Financial Crime Enforcement Network’s Interim...more

A&O Shearman

FCA consults on stablecoin issuance and custody of cryptoassets

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The UK Financial Conduct Authority (FCA) has published consultation paper CP25/14 (CP) on stablecoin issuance and cryptoasset custody, accompanied by an updated webpage. This follows the FCA's discussion paper published in...more

Pillsbury - Global Trade & Sanctions Law

Trump Administration Rescinds Biden’s AI Diffusion Rule

Two days before its scheduled effective date, the Department of Commerce’s Bureau of Industry and Security (BIS) announced the rescission of the Biden administration’s Artificial Intelligence (AI) Diffusion Rule on May 13....more

A&O Shearman

New FCA webpages on PISCES

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The UK Financial Conduct Authority (FCA) has published two new webpages on the Private Intermittent Securities and Capital Exchange Systems (PISCES) sandbox, a new type of trading platform designed to enable intermittent...more

BCLP

UK Corporate Briefing - June 2025

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Welcome to the Corporate Briefing, where we review the latest developments in UK corporate law that you need to know about. In this month’s issue we discuss...more

MoFo Tech

Bipartisan Coalition Of State AGs Oppose Ten-Year AI Regulation Ban

MoFo Tech on

A coalition of 40 State AGs sent a letter to Congressional leaders opposing a proposed ten-year ban on states enforcing any state law or regulation addressing AI. The ban was included by the House Energy and Commerce...more

Mintz - Privacy & Cybersecurity Viewpoints

New York is Protecting its Consumers, One Budget at a Time

New York Governor Kathy Hochul has spoken: New York consumers need more information, more protections, and more money in their pockets. As part of the Transportation, Economic Development and Environmental conservation...more

Holland & Knight LLP

Holland & Knight Health Dose: June 3, 2025

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Looking Ahead: Fiscal Year 2026 Appropriations - This week, the U.S. House of Representatives and U.S. Senate return to Capitol Hill following the Memorial Day recess. The Senate is expected to begin work behind the scenes on...more

A&O Shearman

FCA Handbook Notice 130

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The UK Financial Conduct Authority (FCA) has published Handbook Notice 130, which outlines updates to the FCA Handbook, including changes for fund managers stemming from the recommendations of the Investment Research Review...more

Bass, Berry & Sims PLC

U.S. Government Eases Some Restrictions on Syria

On May 23, 2025, the U.S. Treasury Department, Office of Foreign Assets Control (OFAC) announced several actions to provide sanctions relief to Syria. OFAC is the primary government agency responsible for administering U.S....more

Burr & Forman

OSHA in 2025: Key Updates and What Employers Should Know

Burr & Forman on

Workplace safety initiatives continue to evolve amid the shifting political landscape and regulatory priorities. The Occupational Safety and Health Administration (OSHA) remains a central player in ensuring worker protection,...more

WilmerHale

I Saw the Sign: An Update and Overview of State Ski Signage Regulations

WilmerHale on

As the nationwide ski season comes to a close, Massachusetts Governor Maura Healey has targeted ski area signage rules as part of a broader effort to eliminate outdated business regulations....more

Alston & Bird

Update on New Maryland Law Clarifying Exemptions for Certain Mortgage Trusts

Alston & Bird on

What Happened? As we previously advised you, in 2024, the Maryland Appellate Court in Estate of H. Gregory Brown v. Carrie M. Ward, et al., No. 1009, (App. Ct. Sept. Term 2023), ruled that a statutory trust that held a...more

Proskauer - Tax Talks

California FTB Releases Updated Proposed Regulations on Market-Based Sourcing Rules

Proskauer - Tax Talks on

On May 20, 2025, California’s Franchise Tax Board (“FTB”) released changes to the proposed regulations (“Draft Regulations”) that would amend the rules regarding market-based sourcing for sales other than sales of tangible...more

PilieroMazza PLLC

New Department of Defense Policy Memo Imposes Sweeping Restrictions on Consulting, Management, Advisory Services, and Contractor...

PilieroMazza PLLC on

The Department of Defense (DoD) has issued a significant policy memorandum “to promote fiscal responsibility, streamline operations, and maximize [DoD] readiness and lethality.” The May 27 Memo, Implementation of Executive...more

A&O Shearman

Delegated regulation on identifying reference data for OTC derivatives published in OJ

A&O Shearman on

Commission Delegated Regulation (EU) 2025/1003 has been published in the Official Journal of the European Union (OJ), supplementing the EU Markets in Financial Instruments Regulation (MiFIR) as regards over-the-counter...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – May 2025 #5

PilieroMazza PLLC on

Federal Acquisition Regulation (FAR) Model Deviation to FAR Part 10 - On May 22, the FAR Council released the model deviation text for FAR Part 10, Market Research. This deviation increases the flexibility of the...more

Husch Blackwell LLP

FMCSA Announces 18 Proposed Rule Changes Affecting the Trucking Industry

Husch Blackwell LLP on

This week, the Federal Motor Carrier Safety Administration (FMCSA) announced a slew of proposed rule changes—18 in all—designed to streamline operations, reduce unnecessary paperwork, and align regulations with modern...more

Sheppard Mullin Richter & Hampton LLP

Proposed Rule on Medicaid Tax Waivers: CMS Moves to Close a Loophole Shifting Costs to the Federal Government

On May 15, 2025, the Centers for Medicare & Medicaid Services (“CMS”) released a proposed rule, entitled “Preserving Medicaid Funding for Vulnerable Populations – Closing a Health Care-Related Tax Loophole” to address a...more

Mayer Brown

DB Pension Surpluses – Relaxation of Extraction Rules

Mayer Brown on

The government has responded to the previous government's 2024 consultation on options in the DB context to provide better outcomes for members, drive a more consolidated market, and enable pension funds to invest in a...more

Holland & Knight LLP

Colombia ANH adopta medidas para el cumplimiento y normalización de contratos de hidrocarburos

Holland & Knight LLP on

La Agencia Nacional de Hidrocarburos (ANH) de Colombia emitió el Acuerdo No. 03 de 2025 por medio del cual se adoptan medidas para promover el cumplimiento y normalización de los actuales contratos y convenios misionales de...more

Greenbaum, Rowe, Smith & Davis LLP

NJ BPU’s Revised Interconnection Regulations Are Intended to Speed Up Interconnection of Solar and Storage Systems

In an effort to reduce delays in interconnecting new electricity generation and storage systems to the local electric distribution grid, the New Jersey Board of Public Utilities (BPU), at its May 21, 2025 agenda meeting,...more

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