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Goodwin

Louisiana Enacts Law Regulating Earned Wage Access Services

Goodwin on

Louisiana has enacted a law that establishes a financial services oversight regime for earned wage access services, also known as on-demand pay services, which allow workers to access earned but unpaid income before payday....more

McGuireWoods LLP

Indiana, Maryland Become Latest States to Enact Legislation Regulating Earned Wage Access

McGuireWoods LLP on

Indiana and Maryland join seven other states in enacting laws that specifically regulate earned wage access (EWA) providers. EWA is an on-demand payment product that allows workers to access their wages as they are...more

Perkins Coie

New Utah AI Laws Change Disclosure Requirements and Identity Protections, Target Mental Health Chatbots

Perkins Coie on

Key Takeaways - - Utah has introduced five new bills that further shape its existing Artificial Intelligence Policy Act and add new requirements. - Both the scope of disclosure requirements surrounding the use of AI...more

Fox Rothschild LLP

New Mexico Enacts Sweeping Statute Phasing in Restrictions on PFAS in Products, Contemplating “Currently Unavoidable Use”...

Fox Rothschild LLP on

In early April 2025, New Mexico enacted a statute restricting intentionally added PFAS in products, similar in scope to Maine’s and Minnesota’s existing laws. The New Mexico statute imposes a ban on sales and distribution...more

A&O Shearman

FCA drops contentious proposals on enforcement publication

A&O Shearman on

The Financial Conduct Authority (FCA) has published a letter (dated 11 March) to the Treasury Select Committee providing an update on the FCA's approach to enforcement and diversity and inclusion proposals. Following the...more

Husch Blackwell LLP

Alternative Commercial Finance Monthly | February 2025

Husch Blackwell LLP on

Last month, we reported several laws scheduled to take effect this year. The first was the Commercial Financing Disclosure Law in Missouri. We have previously summarized this statute for commercial finance brokers who engage...more

Latham & Watkins LLP

FCA Publishes Further Consumer Duty Feedback for Firms

Latham & Watkins LLP on

On 11 December 2024, the FCA published two pieces of feedback on the Consumer Duty, setting out good practices and areas for improvement in relation to Consumer Duty board reports and complaints and root cause analysis....more

Venable LLP

Disclosure Requirements under the Colorado AI Act and Contracting

Venable LLP on

In the second quarter of 2024, Colorado governor Jared Polis signed the Colorado Artificial Intelligence Act (CAIA), legislation regulating "high-risk" systems of artificial intelligence. ...more

Skadden, Arps, Slate, Meagher & Flom LLP

Utah Becomes First State To Enact AI-Centric Consumer Protection Law

On March 13, 2024, Utah enacted the Utah Artificial Intelligence Policy Act (UAIP), which imposes certain disclosure requirements on entities using generative AI tools with their customers, and limits an entity’s ability to...more

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