News & Analysis as of

Regulatory Reform Licensing Rules

Orrick, Herrington & Sutcliffe LLP

Montana revises its appraiser licensing regulations

On May 13, the governor of Montana signed into law HB 872 to amend the state’s regulations concerning appraiser licensing. The act clarifies that licensed or certified real estate appraisers can offer evaluations to financial...more

Foley Hoag LLP - Cannabis and the Law

Proposed Bill from Joint Cannabis Committee Would Adopt Meaningful Reforms to Struggling Mass. Cannabis Industry

Nearly nine years after voters authorized the regulated sale of adult use cannabis in Massachusetts, the Joint Cannabis Committee is addressing the challenges (and that’s an understatement) the industry is facing with a very...more

Brownstein Hyatt Farber Schreck

Colorado Enacts the Model Money Transmission Act

On April 18, 2025, Colorado enacted the Model Money Transmission Modernization Act (MTMA) (HB 25-1201), which repeals and replaces the state’s previous Money Transmitters Act. The law updates standards for the licensing,...more

Walkers

The BMA invites feedback on proposed Payment Services Provider regulatory framework

Walkers on

The Bermuda Monetary Authority ("BMA") proposes a new Payments Services Act ("PSA") to replace the Money Service Business Act 2016 to establish a clear, risk-based framework for Payment Service Providers ("PSPs") operating in...more

IR Global

Dubai Allows Free Zone Businesses to Expand to Mainland

IR Global on

The Dubai government has recently allowed the companies in free zones to expand in the mainland Dubai. The decision was taken through Executive Council Resolution No 11 of 2025 and is aimed to increase investment and promote...more

Sheppard Mullin Richter & Hampton LLP

UK’s Collective Licensing Initiative Aims to Harmonize AI and Copyright Law

In a significant move to address the tension between copyright and generative artificial intelligence (AI), the UK’s Copyright Licensing Agency (CLA), Authors’ Licensing and Collecting Society (ALCS), and Publishers’...more

A&O Shearman

The UK Future Cryptoasset Regulatory Framework

A&O Shearman on

On 29 April, the UK government published draft legislation which will bring currently unregulated cryptoassets, including stablecoins, within the scope of financial services regulation. This is the first of a number of...more

Akin Gump Strauss Hauer & Feld LLP

Akin Space Law, Regulation and Policy Update | May 2, 2025

Good Afternoon! It’s been a busy couple of weeks in space and space policy. President Trump proposed a $6 billion cut to NASA's budget and a $1 trillion defense budget, the nominee to lead NASA is moving to the full Senate...more

Wiley Rein LLP

Wireless Roundup (May 2025)

Wiley Rein LLP on

FCC Solicits Feedback on Sweeping Changes to Submarine Cable Landing License Rules and Procedures: In this Notice of Proposed Rulemaking (NPRM), the Federal Communications Commission (FCC) seeks comment on comprehensive...more

Hogan Lovells

INL issues second report recommending improvements to nuclear licensing

Hogan Lovells on

Idaho National Laboratory (INL), a U.S. Department of Energy (DOE) National Laboratory, has published an updated set of recommendations to reform and streamline nuclear energy licensing. The INL/RPT-25-84292, “Recommendations...more

Orrick, Herrington & Sutcliffe LLP

Colorado enacts its Money Transmission Modernization Act

On April 16, the Colorado General Assembly enacted HB 25-1201, which repeals the state’s current Money Transmitters Act and replaces it with the Money Transmission Modernization Act (the “Act”), which is based on the model...more

Harris Beach Murtha PLLC

Massachusetts Proposes Regulations for Marijuana Social Consumption Sites

Massachusetts is making tactical moves to position itself as an East Coast leader in the cannabis industry with the introduction of social consumption regulatory reforms. The state’s cannabis industry has achieved major...more

Carey Olsen

Amendments to the regulatory framework for virtual assets in the Cayman Islands

Carey Olsen on

On 1 April 2025, several key updates will be made to the framework for the regulation of virtual assets in the Cayman Islands. These updates include the introduction and commencement of the VASP licencing framework for...more

Winthrop & Weinstine, P.A.

Legislative Top 5 - March 2025 #3

Legislature Reaches Full Complement - For about three days this week, all 201 legislative seats, 134 House members and 67 Senators, were filled for the first time in 2025. The week began with David Gottfried, the winner of...more

Mandelbaum Barrett PC

NJ Bill Aims to Speed Up Approvals for Cannabis Dispensaries

Mandelbaum Barrett PC on

A new bill introduced by Senate President Nicholas Scutari seeks to speed up the approval process for cannabis dispensaries in New Jersey, a move aimed at addressing delays in establishing the state’s cannabis market. Joshua...more

Bradley Arant Boult Cummings LLP

Alabama Appellate Court Appears Poised to Deliver Big Win for Cannabis Commission

Longtime readers of Budding Trends (and there are dozens of you) know that I have been saying over and over recently that – as counterintuitive as it may sound – the fastest way to get Alabama’s medical cannabis program...more

Verrill

Prescription for Change: Massachusetts Pharmacies Undergo Regulatory Revamp

Verrill on

Pharmacies doing business in Massachusetts must act now – The Massachusetts Board of Registration in Pharmacy (the “Board”) has announced a series of new and long-awaited pharmacy licensure regulations that took effect in...more

Goodwin

Massachusetts Amends State Money Transmission Law to Apply to Domestic Transactions and Stored Value

Goodwin on

On January 1, 2025, Massachusetts Gov. Maura Healey approved House Bill No. 4840, which repeals and replaces Massachusetts’ money transmission law with a revised law (MTL Law), which is based in part on the model Money...more

Vicente LLP

New Jersey Cannabis Dispensaries Can Now Apply for Consumption Lounge Licenses

Vicente LLP on

The New Jersey Cannabis Regulatory Commission (CRC) began accepting applications for cannabis consumption area endorsements on January 2, 2025. The Commissioners adopted the Notice of Application Acceptance for cannabis...more

Ropes & Gray LLP

Adapting to the IRA: Early Lessons Learned on the IRA’s Impact on Deal-Making, Drug Economics, and Business Strategy

Ropes & Gray LLP on

More than two years after the passage of the Inflation Reduction Act (“IRA”) and the Centers for Medicare and Medicaid Services’ (“CMS’”) rapid implementation of the drug price negotiation program, the life sciences industry...more

King & Spalding

Texas, Utah and Small Modular Reactor ("SMR") Developer Launch Lawsuit Alleging "Unlawful" Regulatory Regime

King & Spalding on

Complaint filed United States District Court, Eastern District of Texas (Case No. 6:24-cv-00507) - KEY TAKEAWAYS - The States of Texas and Utah, together with private developer Last Energy, have sued to exempt certain...more

Quarles & Brady LLP

New York Passes Much-Anticipated Law Authorizing Pharmacy Shared Services Arrangements

Quarles & Brady LLP on

On November 22, 2024, the Governor of New York signed into law a closely watched bill that expressly authorizes pharmacy shared services arrangements in the state. These models were not previously addressed in New York’s...more

Troutman Pepper Locke

Missouri Legalizes Sports Betting

Troutman Pepper Locke on

Among the several provisions on the ballot in the recent election, Missouri citizens voted for Amendment 2, which will legalize online and retails sports betting. The amendment won by a small margin of less than 7,500 votes....more

Barnea Jaffa Lande & Co.

Curaçao’s regulatory reform in gaming licensing

Barnea Jaffa Lande & Co. on

Curaçao, renowned as one of the most popular jurisdictions in the online gaming industry, is launching a significant reform in its licensing and supervision of gaming companies. This reform is part of a broader legislative...more

Pullman & Comley, LLC

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

Pullman & Comley, LLC on

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

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