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Disclosure Requirements Transparency

Morgan Lewis

Act to Modernize the Law on Civil Law Partnerships: Transparency Obligations for Family Companies

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The Act to Modernize the Law on Civil Law Partnerships (MoPeG) came into force on January 1, 2024, bringing comprehensive reform to the law of civil law partnerships (GbR). Since family-owned companies (also known as family...more

Foley & Lardner LLP

I Build Generative AI Technology: Does California’s New Transparency Requirement Apply to Me?

Foley & Lardner LLP on

On September 28, 2024, California Governor Gavin Newson signed into law AB-2013, requiring developers of generative artificial intelligence (AI) models, under certain conditions, to make specific disclosures regarding those...more

Mayer Brown

New California Law Will Require AI Transparency and Disclosure Measures

Mayer Brown on

On September 19, 2024, California Governor Gavin Newsom signed into law the California AI Transparency Act, which will require providers of generative artificial intelligence (AI) systems to: (a) make available an AI...more

McDonnell Boehnen Hulbert & Berghoff LLP

Mapping the Rise in State-Level AI Regulation in the US: September 2024 Review

This year has witnessed a rapid increase in legislation seeking to study and regulate machine learning and artificial intelligence (AI) models. So far in 2024, Congress has doubled the number of proposed bills seeking to...more

Jackson Lewis P.C.

California Establishes AI Transparency Act

Jackson Lewis P.C. on

According to the California legislature, audio recordings, video recordings, and still images can be compelling evidence of the truth. However, the proliferation of Artificial Intelligence (AI), specifically, generative AI,...more

Manatt, Phelps & Phillips, LLP

Health AI Current “State” - All Eyes on California

Those following artificial intelligence (AI) legal developments are closely watching California, which currently has four bills pending the Governor’s signature that will impact AI development and use. California is at the...more

Pillsbury - Global Sourcing Practice

California Legislature Passes Generative AI Training Data Transparency Bill

The California legislature recently passed Assembly Bill 2013 (AB 2013) on August 27, 2024, a measure aimed at enhancing transparency in AI training and development. If signed into law by Governor Gavin Newsom, developers of...more

Wiley Rein LLP

U.S. District Court in DC Breaks New Ground for TSCA Transparency

Wiley Rein LLP on

The U.S. District Court for the District of Columbia recently found, in what it described as a “question of first impression,” that Section 5(b)(3) of the Toxic Substances Control Act (TSCA), a provision requiring public...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Modern Slavery Act: The Future of Transparency in Supply Chains

When the UK Modern Slavery Act 2015 (Act) came into force, it was considered a landmark legal development globally. The UK was one of the first jurisdictions to introduce a legal requirement concerning transparency in supply...more

A&O Shearman

Utah AI Consumer Transparency Law

A&O Shearman on

Daren Orzechowski, Alex Touma, and Jack Weinert examine the history and key requirements of Utah’s AI Consumer Transparency law. On March 13, 2024, the Governor of Utah, Spencer Cox signed the Utah Artificial Intelligence...more

IR Global

What is an appropriate address for a company?

IR Global on

One of the key changes introduced as part of the Economic Crime and Corporate Transparency Act (ECCTA) was the introduction of new rules for registered office addresses. The ECCTA introduced new statutory objectives for the...more

Mayer Brown

Missouri Regulates Providers and Brokers Under New Commercial Financing Law

Mayer Brown on

Missouri has enacted the nation’s ninth state commercial finance disclosure law, regulating the providers and brokers of certain commercial financing transactions. Signed by Governor Mike Parson on July 11, 2024, Missouri...more

Proskauer Rose LLP

Regulation Round Up - August 2024 - 2

Proskauer Rose LLP on

Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

Davis Wright Tremaine LLP

California Legislature Sends Bills Regulating AI to the Governor

Last week, the California Legislature passed several bills that, if signed by the governor, will regulate how organizations develop, train, and use artificial intelligence (AI) models, systems, and applications. Of these...more

Proskauer Rose LLP

Regulation Round Up - August 2024

Proskauer Rose LLP on

Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

Harris Beach PLLC

Things to Think About Before Signing That AI Vendor Contract

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As artificial intelligence becomes increasingly integrated into business operations, companies must carefully evaluate vendor contracts involving AI technologies...more

Akin Gump Strauss Hauer & Feld LLP

Senate Advances Landmark Tech Policy Priorities

Key Points - The Senate has passed landmark children’s online privacy and safety legislation via a near-unanimous vote shortly before departing for the August recess. The bill is comprised of revised versions of the Kids...more

Akin Gump Strauss Hauer & Feld LLP

The Corporate Crimes Against Health Care Act: Washington Continues Efforts to Chill Private Equity Investment in Health Care

Senators Ed Markey (D-MA.) and Elizabeth Warren (D-MA.) unveiled “The Corporate Crimes Against Health Care Act of 2024” on June 11, 2024, which seeks to create new civil and criminal penalties for health care investors who...more

DarrowEverett LLP

Fifth Circuit Puts the Brakes on SEC’s Private Fund Rules: What’s Next For Private Fund Advisers

DarrowEverett LLP on

In a continuation of recent court decisions overturning the rulemaking authority of federal agencies, a recent decision by the U.S. Court of Appeals for the Fifth Circuit vacated the Securities and Exchange Commission’s (SEC)...more

Foley & Lardner LLP

Tailoring Compliance Before AI Walks The Runway

Foley & Lardner LLP on

Generative AI tools such as DALL-E 2, Midjourney and Stable Diffusion are increasingly being used to produce static 2D images, and technology from companies like Runway AI Inc., which recently hosted its second annual AI Film...more

Sullivan & Worcester

Are the SEC’s Private Fund Advisers Rules Now Dead? No, but they are on Life Support

Sullivan & Worcester on

The U.S. Court of Appeals for the Fifth Circuit (the “Fifth Circuit”) has thrown a wrench into the gears of the U.S. Securities and Exchange Commission (the “SEC”) in its attempt to regulate those investment advisers that...more

Cozen O'Connor

New York LLC Transparency Act’s Effective Date Delayed Until January 1, 2026

Cozen O'Connor on

As noted in our previous alert on January 22, 2024, the New York LLC Transparency Act (NYLTA) represents a pivotal step in New York State’s regulatory landscape, aligning closely with the federal Corporate Transparency Act...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

Foley & Lardner LLP

Proposed Warehouse Worker Protection Act Could Have Major Implications for Businesses Employing Warehouse Workers

Foley & Lardner LLP on

On May 2, 2024, Senators Edward J. Markey (D-Mass.), Tina Smith (D-Minn.), and Bob Casey (D-Pa.) introduced legislation they say will help protect warehouse workers from injury by placing limitations on, and requiring...more

Akin Gump Strauss Hauer & Feld LLP

Colorado Passes New Watershed AI Consumer Protection Bill

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

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