As legislators and regulators around the world are trying to determine how to approach the novel risks and opportunities that AI technologies present, the draft European Union Artificial Intelligence Act…
On 26 October 2023, the Bank of England, Prudential Regulation Authority (“PRA”) and Financial Conduct Authority (“FCA”, collectively the “UK Financial Authorities”) published FS2/23 on Artificial Intelligence and Machine Learning…
On September 21, 2023, the Colorado Division of Insurance (the “DOI”) released its Final Governance and Risk Management Framework Requirements for Life Insurers’ Use of External Consumer Data and Information…
After years of deliberation, the UK passed its long-awaited Online Safety Bill (the “OS Bill”). It imposes content moderation requirements on certain online platforms and service providers to address illegal…
Key takeaways from June and July include: Data transfers to the U.S.: Business may want to revisit their cross-border data transfer arrangements following the new adequacy decision for the EU-U.S.…
On July 26, 2023, the SEC adopted long-anticipated final rules on cybersecurity risk management, strategy, governance and incident disclosure for issuers (“Final Rules”). We summarized the key obligations under the…
On July 26, 2023, the SEC adopted the long-anticipated final rules on cybersecurity risk management, strategy, governance, and incident disclosure for issuers. The new rules are part of the SEC’s larger efforts focused…
On June 28, 2023, the New York Department of Financial Services (“NYDFS”) announced its Revised Proposed Second Amendment to its Cybersecurity Regulation, 23 NYCRR Part 500 (the “Revised Amendment” or…
On Tuesday, June 13, 2023 Eric Dinallo of the Insurance Regulatory Group and Avi Gesser and Stephanie Thomas of the Data Strategy & Security Group hosted an informative discussion on…
On Tuesday, May 16th, 2023, Andrew Bab of the Mergers & Acquisitions and Private Equity Groups and Co-Chair of the Healthcare & Life Sciences Group, Avi Gesser of the Data…