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King & Spalding

Saudi Arabia's New Investment Law

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On August 11, 2024, the Kingdom of Saudi Arabia (the “Kingdom” or “Saudi Arabia”) issued the new Investment Law, pursuant to Royal Decree number M/19 (the “New Investment Law”), which is intended to replace the Foreign...more

McDermott Will & Emery

Trending in Telehealth: August 13 – 26, 2024

Trending in Telehealth highlights state legislative and regulatory developments that impact the healthcare providers, telehealth and digital health companies, pharmacists and technology companies that deliver and facilitate...more

McDermott Will & Emery

Maine Updates Ownership Disclosure Requirements

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On August 9, 2024, the new Public Law 2023, ch. 633 (L.D. 2069) from Maine’s Bureau of Alcoholic Beverages and Lottery Operations (BABLO) formally went into effect, bringing an end to the previous burdensome “entire...more

Sheppard Mullin Richter & Hampton LLP

New Hampshire Updates Motor Vehicle Retail Installment Act: What Lenders Need to Know

On August 2, New Hampshire passed House Bill 1243 (the “Bill”), which substantially amends its Motor Vehicle Retail Installment Sales Act (the “Act”). The Bill is effective as of August 2....more

Foley Hoag LLP - Cannabis and the Law

Thoughtful Expansion – Oregon Issues First Psilocybin Edibles Endorsement to Licensed Manufacturer

The OPS simultaneously issued licenses to other essential participants in the state’s licensed psilocybin market, including manufacturers, facilitators (individuals who support clients through psilocybin services) and testing...more

Shipkevich PLLC

Vermont and Pennsylvania Embrace Virtual Currency Regulation

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In a continuing trend across U.S. states, Vermont and Pennsylvania have shown their intent to establish more oversight over the digital currency sector. New legislative amendments to Vermont’s financial services laws include...more

Barnea Jaffa Lande & Co.

Regulation of Payment Services Law Comes into Effect

On June 6, 2024, the Regulation of Payment Services and Payment Initiation Law came into effect. Relevant entities may now submit license applications for providing payment and payment initiation services....more

Pullman & Comley, LLC

New 2024 Connecticut Cannabis Laws: Impacts on Disproportionately Impacted Area (DIA) Cultivators and Conversion to a...

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Recent amendments to Connecticut’s cannabis and hemp laws are providing great relief to DIA (Section 149) cultivators who have struggled to operationalize their licenses. The new rules provide the opportunity to convert to a...more

A&O Shearman

New licensing requirements for cross-border lending into Europe

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New EU legislative requirements will reshape how non-EU (including European Economic Area) banks service EU clients on a cross-border basis. In this note we summarise the new regime, its implications for firms providing...more

Goodwin

Significant State Regulatory Development in the Virtual Currency Industry in California and New York

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California enacted its own version of New York’s “BitLicense” law, the Digital Financial Assets Law (DFAL), becoming one of the first US states to implement a virtual currency-specific regulatory regime. ...more

Sheppard Mullin Richter & Hampton LLP

Wisconsin Signs Earned Wage Access Bill into Law

On March 21, Wisconsin enacted into law Assembly Bill 574, positioning it as the third state, following Nevada and Missouri, to establish a comprehensive regulatory framework for earned wages access (EWA) services and...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 39 - March 2024

It was a hurry-up-and-wait on the penultimate day of the 2024 Georgia legislative session. Each chamber went through fits and starts throughout the day on Tuesday, with cycles of advancing a flurry of legislation and special...more

Holland & Knight LLP

Florida Legislation Will Increase Background Screening for Healthcare Professionals

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House Bill 975, if signed by Gov. Ron DeSantis, will have a significant impact on the Florida criminal background screening requirements for healthcare professionals and facilities. Currently, only certain healthcare...more

Tucker Arensberg, P.C.

Expanding Opportunities: Pennsylvania’s Act 49 Allows Hotel License Conversion to Restaurant Licenses

On December 14, 2023, Governor Shapiro signed House Bill No. 1096 into law, now known as Act 49 of 2023 (Act 49), which allows certain hotel licensees to apply to the Pennsylvania Liquor Control Board (PLCB) to convert to...more

McDermott Will & Emery

Trending in Telehealth: November 8 – 14, 2023

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Trending in Telehealth highlights state legislative and regulatory developments that impact the healthcare providers, telehealth and digital health companies, pharmacists and technology companies that deliver and facilitate...more

WilmerHale

Crypto Currently: California Enacts Landmark Crypto Licensing Law

WilmerHale on

On October 13, Governor Gavin Newsom signed into law a comprehensive licensing regime for digital asset companies operating in California. Until this point, California had refrained from taking a definitive position on...more

McGlinchey Stafford

Ohio Legalizes Adult-Use Marijuana

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On November 7, 2023, voters in Ohio approved Ohio Issue 2, the Marijuana Legalization Initiative (the Initiative), which legalizes marijuana for recreational use in Ohio. Among its key provisions, the Ohio Initiative creates...more

Ballard Spahr LLP

Amendments to Ohio’s Administrative Rules Relating to Residential Mortgage Lending

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The Ohio Department of Commerce, Division of Financial Institutions is amending the rules that implement the state’s Residential Mortgage Lending Act. The Division is seeking preliminary feedback on the administrative rules,...more

Latham & Watkins LLP

States Enact Laws Regulating Earned Wage Access Services

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New laws implement regulatory standards and licensing requirements for fintechs seeking to improve employee access to wages. On June 13, 2023, Nevada enacted a law that regulates earned wage access (EWA) services provided...more

Dickinson Wright

Nevada’s Cannabis Industry Takes Another Step Forward

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Four significant bills that will undoubtedly impact cannabis regulation in Nevada were recently signed into law by Nevada State Governor Joe Lombardo (R). The legislation makes a series of amendments to the state’s existing...more

Ballard Spahr LLP

Nebraska enacts new licensing requirement for small dollar loans

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Nebraska Governor, Jim Pillen, signed into law Legislative Bill 92 on June 6, 2023, which amended the Nebraska Installment Loan Act (the “Act”) effective June 7, 2023 (the “Effective Date”). As amended, the licensing...more

Seyfarth Shaw LLP

Second-Hand Smoke: New York’s Crackdown on Illegal Cannabis Sales Extends to Landlords

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Governor Kathy Hochul’s determined efforts to combat illegal cannabis operations in New York have gained even more momentum with a new multi-agency initiative authorized as part of the 2024 Budget. The State aims to curtail...more

Robinson+Cole Health Law Diagnosis

Connecticut Adds Requirements for Opioid Prescribing and Expands Provider Licensure and Credentialing Avenues

On June 28, 2023, Connecticut Governor Ned Lamont signed Public Act No. 23-97, “An Act Concerning Health and Wellness for Connecticut Residents.”  The Act includes a wide range of provisions aimed at supporting health care...more

Sheppard Mullin Richter & Hampton LLP

Texas, Louisiana Enact Digital Asset Licensing Legislation

In recent weeks, Texas and Louisiana became the latest states to enact legislation establishing licensure requirements for digital asset service providers. In June, Texas enacted HB 1666, which adds practice restrictions...more

Dickinson Wright

Five Upcoming Changes to Ohio’s Medical Marijuana Laws & Recreational Update

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Governor Mike DeWine signed into law Am.Sub.H.B.33, Ohio’s biennial budget bill, on July 3, 2023, which includes changes to Ohio’s medical marijuana laws. Additionally, the prospects of legalized adult recreational use of...more

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