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US Department of the Treasury Issues Final Rule to Regulate Outbound Investments

On October 28, 2024, the US Department of the Treasury (“Treasury”) issued a Final Rule to require the notification or prohibition of certain outbound investments and other transactions by US persons involving persons of...more

Biden Administration Issues First-Ever National Security Memorandum on Artificial Intelligence

On October 24, 2024, President Biden issued the first-ever National Security Memorandum (NSM) on artificial intelligence (AI), fulfilling another directive (subsection 4.8) set forth in the Administration’s Executive Order on...more

Senate AI Working Group Releases Roadmap for Artificial Intelligence Policy

On May 15, 2024, the Bipartisan Senate AI Working Group—Senate Majority Leader Chuck Schumer (D-NY) and Senators Mike Rounds (R-SD), Todd Young (R-IN), and Martin Heinrich (D-NM)—released a report titled "Driving U.S....more

EU AI Act: European Parliament and Council Reach Agreement

On 9 December 2023, European Parliament negotiators and the Council presidency agreed on the final version of what is claimed to be the world's first-ever comprehensive legal framework on Artificial Intelligence; the European...more

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