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Regulatory Agenda Risk Management Data Collection

A&O Shearman

EU amending technical standards published for specifying the data collection for the 2025 benchmarking exercise

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The Commission Implementing Regulation (EU) 2025/379 has been published in the Official Journal of the European Union. The EU Capital Requirements Directive requires competent authorities to conduct an annual assessment of...more

A&O Shearman

EBA consultation on amending data collection for 2026 benchmarking under CRD IV

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The European Banking Authority (EBA) has published a consultation paper containing draft implementing technical standards (ITS) on amending Commission Implementing Regulation (EU) 2016/2070 with regard to the benchmarking of...more

Morrison & Foerster LLP

Open Banking Update: CFPB Recognizes First Open Banking Standard-Setting Body

On January 8, 2025, the Consumer Financial Protection Bureau (CFPB) issued a decision and order approving the application of Financial Data Exchange, Inc. (FDX) for recognition as a standard-setting body (SSB) under the...more

A&O Shearman

Zooming In on AI - #6: AI under financial regulations in the U.S., EU and U.K.

A&O Shearman on

Many governments are grappling with the question of how to regulate artificial intelligence to ensure it is adopted safely and used responsibly without hampering innovation. Governments have generally indicated similar...more

Sheppard Mullin Richter & Hampton LLP

NIST Updates AI RMF as Mandated by the White House Executive Order on AI

We have now reached the 180-day mark since the White House Executive Order (EO) on the Safe, Secure and Trustworthy Development of AI and we are seeing a flurry of mandated actions being completed. See here for a summary of...more

Proskauer - The Capital Commitment

Cybersecurity Continues to be a Focal Point for Regulators in 2024

The SEC’s new and proposed rules on cybersecurity and cyber-incident reporting will have a dual impact on private investment advisers and funds. First, the proposal by the SEC will impose cybersecurity related...more

Coblentz Patch Duffy & Bass

California AG Proposes New Amendments To CCPA with the Children’s Data Privacy Act

Key Takeaways - The Children’s Data Privacy Act (AB 1949) would require businesses to obtain affirmative authorization to collect, use or disclose personal data of children under 18 in California....more

Health Care Compliance Association (HCCA)

Privacy Briefs: January 2024

New York has released proposed cybersecurity regulations for hospitals. The regulations, which were published in The State Register on Dec. 6 and will undergo a 60-day public comment period ending on Feb. 5, are designed to...more

Akin Gump Strauss Hauer & Feld LLP

President Biden’s AI EO: Key Takeaways for Cybersecurity & Data Privacy

On October 30, 2023, the Biden administration released a far-reaching executive order (EO) on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (AI). The EO issues directives related to the use...more

A&O Shearman

D&I in FS: practical considerations for designing and implementing an inclusive culture

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Developing and maintaining an inclusive environment is crucial for realising the benefits of having a diverse organisation. With this in mind, the UK Financial Conduct Authority (FCA) and UK Prudential Regulation Authority...more

Faegre Drinker Biddle & Reath LLP

The UK’s Online Safety Bill – Implications for US and International Businesses

On 19 September 2023, the UK Parliament passed the Online Safety Bill (“OSB”). The OSB aims to protect individuals from illegal online content and focuses on the protection of children by requiring the removal of content that...more

Hogan Lovells

Virginia poised to enact comprehensive consumer privacy law

Hogan Lovells on

Virginia is on track to be the second U.S. state to enact comprehensive consumer privacy legislation. Both the Virginia House of Delegates and the Virginia Senate have passed nearly identical versions of the Consumer Data...more

Carlton Fields

Florida’s Legislature to Consider Consumer Data Privacy Bill Akin to California’s CCPA

Carlton Fields on

Florida lawmakers have proposed data privacy legislation that, if adopted, would impose significant new obligations on companies offering a website or online service to Florida residents, including allowing consumers to “opt...more

Seyfarth Shaw LLP

Updates for Employers on the California Consumer Privacy Act

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Seyfarth Synopsis: California’s Attorney General is drafting regulations that will shape employer obligations under the California Consumer Privacy Act....more

Neal, Gerber & Eisenberg LLP

Client Alert: California Attorney General Releases Draft Regulations for Implementing the CCPA

As most are now already aware, the California Consumer Privacy Act (CCPA), a law that provides extensive privacy rights to California residents and places numerous requirements on businesses who process personal data of...more

Miles & Stockbridge P.C.

Biometric Data: Companies Should Act to Mitigate Risks in the Face of Growing Regulations and Increased Risk for Liability

There is a growing trend to regulate biometric data and severely punish companies that do not adequately protect this data. Every company that collects or uses biometric data should be careful to ensure compliance with...more

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