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Conyers

Understanding Outsourcing Obligations for Cayman Islands Funds

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It has been two years since the Cayman Islands Monetary Authority (CIMA) introduced its Rule on Corporate Governance for Regulated Entities (the “Corporate Governance Rule”), and a year and a half since it came into force....more

Conyers

Country Update - Bermuda: AML

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Bermuda is a leading international financial centre and maintains a comprehensive body of primary legislation relating to money laundering and terrorist financing, supported by a range of general and sector specific guidance...more

Frost Brown Todd

U.S. EPA Announces Retainment of MCLs for PFOA and PFOS and Intent to Rescind and Reconsider MCLs for Other PFAS

Frost Brown Todd on

The United States Environmental Protection Agency (U.S. EPA) announced today that it will keep the current Maximum Contaminant Levels (MCLs) set by the National Primary Drinking Water Regulations for perfluorooctanoic acid...more

Eversheds Sutherland (US) LLP

The CFTC issues requests for comments on 24/7 trading and perpetual derivatives contracts

On April 21, 2025, the Commodity Futures Trading Commission (CFTC) Divisions of Market Oversight, Clearing and Risk, and Market Participants issued two Requests for Comment (RFCs) on 24/7 trading and clearing of derivatives...more

BakerHostetler

AI Audit Best Practices for Building User and Global Trust

BakerHostetler on

Artificial intelligence (AI) as a field encapsulates machine learning, deep learning and generative AI. As the impact of these technologies continues to grow, industry leaders and regulators have been grappling with how to...more

McDermott Will & Emery

Risk Management in the Modern Era of Workplace Generative AI

Generative artificial intelligence (GenAI) is becoming more prevalent in the workplace, including as a tool for human resources (HR) leaders to use in their employment practices. At the same time, close to a dozen states have...more

Skadden, Arps, Slate, Meagher & Flom LLP

Cybersecurity Trends in the Digital Asset Space

After years of regulatory uncertainty, the Trump administration has signaled a new approach to digital assets, including by establishing a working group focused on digital assets and nominating crypto-friendly chairs to the...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 3: Prudential Insurance Regulation in Japan

This chapter discusses prudential insurance regulation in Japan. Japan is the fourth-largest insurance market in the world, with a broad customer base and a varied range of offerings. This profile, coupled with ongoing...more

Orrick, Herrington & Sutcliffe LLP

OCC’s Hood emphasizes responsible AI use for financial inclusion

On April 29, Rodney E. Hood, Acting Comptroller of the Currency, delivered a speech for the National Fair Housing Alliance’s Responsible AI Symposium. In his remarks, Hood emphasized the importance of financial inclusion and...more

Jones Day

EPA Announces List of Actions to Combat PFAS Contamination

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The U.S. Environmental Protection Agency's ("EPA") plan to address per- and polyfluoroalkyl substances ("PFAS") includes a long list of upcoming agency actions to deal with PFAS contamination....more

Carey Olsen

Bermuda investment funds - Spring 2025 update

Carey Olsen on

Our investment funds team outline the latest developments within the investment funds market in Bermuda, covering the Bermuda Monetary Authority ("BMA") business plan 2025, BMA Consultation Paper - operational resilience and...more

K&L Gates LLP

Q1 2025 New York Artificial Intelligence Developments: What Employers Should Know About Proposed and Passed AI Legislation

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In the first part of 2025, New York joined other states, such as Colorado, Connecticut, New Jersey, and Texas, seeking to regulate artificial intelligence (AI) at the state level. Specifically, on 8 January 2025, bills...more

Conyers

Regulatory & Risk Advisory Review: Cayman Islands – January to March 2025

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Welcome to the first 2025 edition of our Regulatory & Risk Advisory Review. In this instalment, we provide a comprehensive overview of the latest regulatory developments to ensure you have the most up-to-date insights into...more

Health Care Compliance Association (HCCA)

Advancing shared accountability to reduce regulatory burden, promote well-being

Introduction: A different perspective - Within the compliance profession, Cecilia Fellouse has noted, “Under the weight of incessant regulatory demands, individuals and teams often fall prey to compliance fatigue. This...more

Ballard Spahr LLP

Republicans ask federal banking agencies to withdraw rules, guidance

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Republicans on the House Financial Services Committee have sent letters to financial regulators asking them to rescind a variety of measures the regulators issued during the Biden Administration....more

Keating Muething & Klekamp PLL

Workplace Violence: Are You Taking Required Steps to Protect Your Employees?

April marks Workplace Violence Awareness Month, a time dedicated to emphasizing the risks of workplace violence and necessary steps for prevention. This month serves as a crucial opportunity for employers to reassess their...more

Littler

The Heat Is On – New Mexico Proposes Heat Illness Prevention Rule

Littler on

The New Mexico Environment Department’s Occupational Health and Safety Bureau has proposed a Heat Illness and Injury Prevention (HIIP) rule with a contemplated effective date of July 1, 2025. If adopted, the HIIP rule will...more

Baker Botts L.L.P.

AI Legal Watch - DeepSeek Under Scrutiny

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Everyone is talking about DeepSeek for its increase performance and efficiency. However, with that comes additional risks, as DeepSeek is subject to Chinese national law, and there are still many unanswered questions...more

Mayer Brown

New NAIC Risk-Based Capital Task Force Launches; Financial Stability Task Force Reviews Key Priorities

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Two important meetings were held on March 17, 2025 by task forces of the National Association of Insurance Commissioners (“NAIC”): the newly launched Risk-Based Capital Model Governance (EX) Task Force (“RBCMG TF”); and...more

Braumiller Law Group, PLLC

You've got Questions

You've got questions, and we have the answers, we being Braumiller Law Group and Braumiller Consulting Group. Tariffs, and the current landscape in international trade. ...more

A&O Shearman

UK FCA engagement paper on contactless payments limits

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published an engagement paper which seeks views on increasing or removing the current £100 contactless limit, giving payment service providers (PSPs), consumers and businesses...more

Skadden, Arps, Slate, Meagher & Flom LLP

Veto of Virginia AI Bill Raises Questions About the Future of State-Level Regulation

On March 24, 2025, Virginia Gov. Glenn Youngkin vetoed the High-Risk Artificial Intelligence Developer and Deployer Act (House Bill 2094). The bill, which had passed through the Virginia Legislature in February 2025, would...more

White & Case LLP

AI Watch: Global regulatory tracker - United Kingdom

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The UK prioritizes a flexible framework over comprehensive regulation and emphasizes sector-specific laws. Laws/Regulations directly regulating AI (the “AI Regulations”) The UK government's AI Regulation White Paper of...more

Beveridge & Diamond PC

Twelve TSCA Developments to Expect in 2025 (Updated)

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This alert was originally published on December 4, 2024, and has been revised based on recent developments. With the election of Donald Trump, the implementation of the Toxic Substances Control Act (TSCA) in 2025 will...more

Estlund Law, P.A.

Lyon, France: INTERPOL’s CCF – Dates, Delays and Decisions (post 1 of 3)

Estlund Law, P.A. on

INTERPOL’s Commission for the Control of INTERPOL’s Files (CCF) has finished its first session of the year and has listed the 2025 sessions on INTERPOL’s website as follows...more

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