On May 26, 2022, the US Department of Commerce’s Bureau of Industry and Security (“BIS”) published a final rule revising the restrictions on the export, reexport and transfer (in-country) of certain “cybersecurity items” used for malicious cyber activities (“final rule”). Effective immediately upon publication, the final rule amends the October 21, 2021, interim final rule

On May 19, 2022, the Federal Trade Commission (FTC) unanimously approved a policy statement on education technology (EdTech) and the Children’s Online Privacy Protection Act (COPPA). Characterized as part of a larger effort to “crack down on companies that illegally surveil children learning online,” the policy statement itself merely highlights pre-existing obligations under

On May 11, 2022, the Senate confirmed President Biden’s appointment of Alvaro Bedoya to fill the vacant Democratic seat on the Federal Trade Commission (FTC). Commissioner Bedoya’s confirmation gives the Democratic commissioners a voting majority on the Commission, and we expect the FTC will pursue actions previewed by Chair Lina Khan. In this Legal Update,

The Queen’s Speech 2022 (the “Speech”), given on 10 May 2022 (available here), details the UK Government’s priorities for the year. Although its focus was primarily on the cost of living crisis and proposed economic measures, the Speech confirmed that the UK’s data protection regime will be reformed by way of the ‘Data

Strengthening the nation’s cybersecurity has been a top priority for the Biden administration, as reflected in its collaboration with industry, regulatory actions, and the legislation it has supported in Congress, including the Cyber Incident Reporting for Critical Infrastructure Act of 2022. Executive action has been a key tool in the Biden administration’s cyber policymaking toolkit.

New draft Regulations on the Online Protection of Minors (Draft Regulations) were released by the Cyberspace Administration of China (CAC) on 14 March 2022. They update the 2016 Draft Regulations of the same name which were released for public comment but never adopted.

The latest Draft Regulations have been issued pursuant to the PRC Law

The upshot, for busy people:

  • Realizing value and managing risk in investments and acquisitions of digital assets businesses means understanding several key areas of the target’s business—among them, cybersecurity, data privacy and regulatory positions.
  • This is particularly challenging in light of the pace of innovation in these technologies and the intersecting, evolving regulations that apply

On February 9, 2022, the US Securities and Exchange Commission (SEC) voted to propose several new rules and amendments to existing rules that would significantly alter the current requirements for investment advisers and funds, with one proposal specifically focused on private funds and the other focused on cybersecurity.

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Our Global Insurance Industry Year in Review is now in its 10th year. In this report, we discuss developments and trends in insurance industry transactions over the past year, with a particular focus on mergers and acquisitions, corporate finance, insurtech, the insurance-linked securities and convergence markets, as well as tax, regulatory and litigation developments.

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This article is part three of a four-part series by Mayer Brown on the latest trends in digital transformation. Read part one here and part two here.

The rapid advancement of AI technologies in recent years means that regulators are engaged in a game of catch up. While the existing regulatory landscape is sparse