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Daily Compliance News: April 22, 2025, The Upping Your Game Edition
April 17, 2025 - Federal Reserve Board Governor Michael S. Barr gave a speech entitled, “Deepfakes and the AI Arms Race in Bank Cybersecurity.” April 17, 2025- The Federal Reserve Bank of Boston published an article...more
This monthly report outlines key developments in China’s data protection sector for April....more
As discussed in last week’s article, along with almost 3,000 regulators and insurance industry leaders, the Maynard Nexsen Insurance Regulatory team of attorneys attended the National Association of Insurance Commissioners...more
On 26 March 2025, K2 Integrity hosted a webinar discussing generative AI, its associated risks, governance strategies, and the future trajectory of AI adoption. The webinar featured Jason Straight, senior managing director...more
On 14 March 2025, the Measures for the Labelling of Artificial Intelligence-Generated and Synthetic Content (Measures) was jointly released by four Chinese government agencies, namely the Cyberspace Administration of China,...more
In 2024, state attorneys general (State AGs) focused on a broad variety of areas and industries including, in particular, emerging industries such as artificial intelligence (AI) and privacy and social media protections....more
Policymakers and technologists have expressed concern that DeepSeek, a Chinese AI company with connections to the Chinese Communist Party (CCP) and the potential to share user data with China Mobile, could be putting U.S....more
A coalition of 21 Republican AGs, led by Montana AG Austin Knudsen, is urging Congress to pass the No DeepSeek on Government Devices Act, which would prohibit downloading and using DeepSeek’s AI software on government...more
Artificial Intelligence (AI) has been touted as the answer to a multitude of business challenges. However, AI – along with machine learning and large language models (LLMs) – is still fraught with technical and regulatory...more
During the 2025 Chinese New Year, DeepSeek, a Chinese artificial intelligence (“AI”) model, garnered intense global attention and sparked heated discussions. It surpassed ChatGPT, which had been in the spotlight previously,...more
This month’s briefing covers President Trump’s executive orders, as well as the EU Commission’s decision not to proceed with the AI Liability Directive. Meanwhile, an advocacy organization’s lawsuit alleges Meta’s ad...more
In terms of healthcare data breaches, 2024 was the worst year ever, with the records of at least 53% of the U.S. population involved and two of the biggest healthcare data breaches of 2024 ranking in the top 10 of all time. ...more
The first EU & UK AI Round-up, published on 15 January 2025, discussed the important regulatory updates affecting the AI ecosystem in both the EU and the UK that occurred towards the end of 2024. Notably since that update,...more
The Texas Responsible AI Governance Act (the “Act”) is set to take center stage during the 89th Texas legislative session, which began on January 14, 2025. The Act proposes new legislation to regulate development and...more
On February 20, 2025, the Securities and Exchange Commission (SEC) announced the creation of a new specialized unit, the Cyber and Emerging Technologies Unit, to “focus on combatting cyber-related misconduct and to protect...more
FCC Solicits Comment on Amending Accessibility Rules for IVCS: In this Further Notice of Proposed Rulemaking (FNPRM) the Federal Communications Commission (FCC or Commission) requests further comment on whether to amend its...more
This winter, Latham’s Investment Funds Practice provided guidance on the Securities and Exchange Commission’s (SEC) 2025 examination priorities for private fund advisers in the latest installment of the Private Funds...more
As artificial intelligence (AI) continues to transform the business world, acquirors need to prepare for a deep dive when evaluating companies that use AI to enable their businesses or create proprietary AI. Key...more
On January 23, 2025, as one of the first actions of his second term, President Trump signed Executive Order (EO) 14179, “Removing Barriers to American Leadership in Artificial Intelligence,” making good on a campaign promise...more
To help organizations stay on top of the main developments in European digital compliance, Morrison Foerster’s European Digital Regulatory Compliance team reports on some of the main topical digital regulatory and compliance...more
The White House is gathering industry feedback on AI governance, giving stakeholders an opportunity to shape future policy....more
Artificial Intelligence has rapidly moved from theoretical to transformational, profoundly changing how businesses operate across industries. While the benefits of AI, particularly Generative AI (genAI), are monumental, these...more
2024 was a pivotal year in the regulation of data practices, with increased scrutiny of artificial intelligence (AI), data brokers, and the ecosystem of commercial data, and the continued proliferation of comprehensive United...more
The White House Office of Science and Technology Policy (OSTP) is seeking input on the Artificial Intelligence (AI) Action Plan being developed by the Administration, in a Request for Information (RFI) published on February...more
Le 6 janvier 2025, la session parlementaire fédérale a pris fin lorsque la gouverneure générale du Canada a accepté la demande du premier ministre Trudeau de proroger le Parlement jusqu’au 24 mars 2025....more