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Deadline to Comment on TSA Proposed Rule on Enhancing Cyber Risk Management for Surface Transportation Sectors

On November 7, 2024, the Transportation Security Administration (the “TSA”) published a Notice of Proposed Rulemaking (the “Proposed Rule”) that would mandate cyber risk management (“CRM”) and reporting requirements for...more

Down to Business: Relevance of Upcoming Regulations on Cross-Border Data Transactions to the Business Community

On February 28, 2024, President Joe Biden issued a landmark Executive Order titled “Preventing Access to Americans’ Bulk Sensitive Personal Data and United States Government-Related Data by Countries of Concern” (the...more

Agreement on the EU’s AI Act Sets the Stage for Comprehensive Regulations

On December 8, 2023, representatives of the European Council and the European Parliament reached a provisional agreement on the EU’s Artificial Intelligence Act (“AI Act”). Although the final text of the AI Act remains...more

White House Issues First-of-its-Kind Executive Order on AI

On October 30, 2023, President Biden issued an Executive Order (“Order”) that drastically increased the U.S. government’s engagement with artificial intelligence (“AI”). The sweeping Order touches on everything from bias in...more

Breaking New Ground: Understanding California’s Draft AI, Privacy, and Cybersecurity Regulations

In advance of its September 8, 2023 board meeting, the California Privacy Protection Agency (“CPPA”), the state’s privacy regulatory body, has unveiled draft regulations that could significantly impact cybersecurity...more

Biden Enlists Tech Titans in AI Safety Push

On July 23, 2023, the Biden administration announced that seven AI companies have made voluntary commitments to adopt measures to develop safer AI technology.1 These companies made these commitments in recognition of the...more

SEC Finalizes Cybersecurity Rules for Public Companies: What's New, What's Not, and What’s Next

On July 26, 2023, the Securities and Exchange Commission (“SEC”) voted to approve final rules governing cybersecurity disclosures of public companies (“Final Rules”). The Final Rules make meaningful changes to the current and...more

Data Transfer Déjà Vu: European Commission Approves Another EU-U.S. Data Transfer Mechanism

On July 10, 2023, the European Commission (the “Commission”) adopted an adequacy decision for the EU-U.S. Data Privacy Framework (the “Framework”). The Framework provides companies that opt in with a legitimate means of...more

V&E Quarterly Securities & ESG Updates - Summer 2023

Welcome to Vinson & Elkins’ Securities and ESG Updates. Our aim is to provide insights into notable developments in securities reporting and the environmental, social and governance space over the quarter and, where...more

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