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Risk Management Disclosure Requirements Penalties

Conyers

Country Update - Bermuda: AML

Conyers on

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

King & Spalding

Transatlantic AI Governance – Strategic Implications for U.S. — EU Compliance

King & Spalding on

Introduction: The Global Race Towards AI Governance Takes Different Paths- As artificial intelligence (AI) continues to transform global markets, the European Union and the United States are advancing regulatory...more

Morrison & Foerster LLP

CFTC Advisory Outlines Materiality Criteria for Enforcement Referrals

On April 17, 2025, three operating divisions (the “Operating Divisions”) of the U.S. Commodity Futures Trading Commission (“CFTC”) and the Division of Enforcement (“DOE”) provided guidance in CFTC Letter 25-13 (the...more

Womble Bond Dickinson

Micro-Captive Reportable Transaction Deadline Effectively Extended

Womble Bond Dickinson on

On Friday, April 11, 2025, the Internal Revenue Service issued Notice 2025-24 (the “Notice”), which waives applicable penalties under the Internal Revenue Code to participants in, and material advisors to, reportable...more

Foley & Lardner LLP

SEC Actions in Review: What Officers and Directors Should Know for 2025

Foley & Lardner LLP on

As the regulatory landscape continues to evolve, public company officers and directors must stay abreast of the enforcement priorities and expectations of the Securities and Exchange Commission (SEC). Over the past year, the...more

Akin Gump Strauss Hauer & Feld LLP

Colorado Enacts Groundbreaking AI Consumer Protection Legislation

Key Points - Colorado's new Al law creates new obligations for developers and deployers of high-risk artificial intelligence (Al) systems. Similar to the EU Al Act, the law is risk-based and defines a "high-risk" Al system as...more

King & Spalding

Colorado Passes Law Requiring Governance Measures for High-Risk AI

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Colorado became the first state to comprehensively address artificial intelligence (“AI”), passing Senate Bill 24-205, or the Colorado Artificial Intelligence Act, on May 17, 2024 (“Act”). The Act establishes the nation’s...more

Akin Gump Strauss Hauer & Feld LLP

California Corporate Data Accountability and Climate-Related Financial Risk Act

California is poised to become the first state to require large companies to disclose greenhouse gas (GHG) emissions from direct operations, supply chains and employees and report on climate-related financial risk and any...more

Fenwick & West LLP

California’s Proposed Bills Require Companies to Report on Climate Emissions and Risks

Fenwick & West LLP on

While all eyes are on proposed federal and European climate disclosure rules, the California legislature passed two climate-related bills that overlap somewhat with the Securities and Exchange Commission (SEC)’s proposed...more

Dorsey & Whitney LLP

This Week In Securities Litigation

Dorsey & Whitney LLP on

The SEC prevailed on two summary judgment motions. One centered on a manipulation action. The other was against an attorney who facilitated a prime bank fraud. The Commission also filed: An action against UBS tied to its...more

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