On August 27, 2020, Vincent Pitaro of the Hedge Fund Law Report published: Debevoise Attorneys Discuss AI Regulation With of FINRA’s Office of Financial Innovation. The article summarizes our discussion…
The widespread criticism, and partial abandonment, of the algorithm that was used to evaluate UK students serves as useful reminder that corporate AI programs carry significant regulatory and reputational risks,…
As we have discussed in recent webinars and blog posts, the New York Department of Financial Services has recently brought its first enforcement action under its cybersecurity rules (23 N.Y.C.R.R.…
On July 13, 2020, the Federal Trade Commission (“FTC”) hosted a virtual workshop on its proposed changes to the Standards for Safeguarding Customer Information (“Safeguards Rule”). The workshop followed up…
July was a busy month for data protection in the EU and UK. While the long-awaited Schrems II decision captured the most headlines, data protection authorities (“DPAs”) and Member State…
On August 6, 2020, Anna Gressel and Avi Gesser from Debevoise’s Data Strategy and Security Group, along with their special guest, Andrew Smith, the Director of the FTC’s Bureau of…
As covered in our previous blog post, the CJEU has invalidated the EU-U.S. Privacy Shield for cross-border transfers of personal data from the EU to the U.S. (the “Schrems II”…
On July 23, 2020, Anna Gressel and Avi Gesser from Debevoise’s Data Strategy and Security Group, along with their special guest, Haimera Workie, the Head of Financial Innovation and Senior…
The New York State Department of Financial Services (“DFS”) issued a Statement of Charges and Notice of Hearing (the “Charges”) earlier today against First American Title Insurance Company (“First American”) for…
Today the Court of Justice of the European Union (CJEU), the EU’s highest court, invalidated the EU-U.S. Privacy Shield for cross-border transfers of personal data. The CJEU’s decision also cast…