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Proposed Regulation Regulatory Requirements

Sheppard Mullin Richter & Hampton LLP

New York and New Jersey Move to Prohibit Social Casino Sweepstakes Model

We recently wrote about the flurry of legal issues with the social casino sweepstakes model. Now, the New York State Senate Racing, Gaming, and Wagering Committee passed S5935, a bill that, if fully approved and enacted,...more

Bradley Arant Boult Cummings LLP

Top 10 takeaways from the new HIPAA security rule NPRM

On Jan. 6, 2025, the U.S. Department of Health and Human Services (HHS) proposed new regulations to enhance cybersecurity protections for electronic protected health information (ePHI) under the Health Insurance Portability...more

Eversheds Sutherland (US) LLP

San Francisco’s proposed regulation imitates California’s proposed regulation

In November 2024, voters approved Proposition M which provided for an overhaul of San Francisco’s gross receipts tax. Proposition M changed the allocation and apportionment rules for most industries, generally requiring that...more

Benesch

The New Frontier of California Privacy Enforcement: A Tougher Era for Data Brokers

Benesch on

Last week, the Board of the Enforcement Division of the California Privacy Protection Agency (Agency) approved a settlement with California-based data broker Background Alert, Inc., requiring Background Alert to cease its...more

A&O Shearman

European Commission consultation on draft Delegated Regulation amending Delegated Regulation on fees relating to supervision of...

A&O Shearman on

The European Commission (EC) has published a draft Delegated Regulation amending Commission Delegated Regulation (EU) 2022/930 regarding fees relating to the supervision by ESMA of consolidated tape providers (CTPs)....more

Morgan Lewis - ML Benefits

IRS Proposes Regulations on Expanded Definition of Covered Employee Under Code Section 162m

Section 162(m) of the Internal Revenue Code prohibits a publicly held corporation from taking compensation-related tax deductions with respect to the compensation of a “covered employee” to the extent the compensation exceeds...more

Blake, Cassels & Graydon LLP

Health Canada Proposes Regulations to Mitigate Drug and Medical Device Shortages

Health Canada recently published draft regulations to address therapeutic product shortages in Canada. The Regulations Amending Certain Regulations Made Under the Food and Drugs Act (Shortages and Discontinuation of Sale of...more

Latham & Watkins LLP

Deciphering France’s Proposal on Sustainability Reporting and Diligence Matters

Latham & Watkins LLP on

The first EU country to transpose the CSRD has proposed a course correction to reduce the regulatory burden on in-scope and medium-sized companies....more

Troutman Pepper Locke

IRS Issues Proposed Regulations on the Expanded Definition of "Covered Employee" Under Code Section 162(m)

Troutman Pepper Locke on

On January 16, the Internal Revenue Service (IRS) published proposed regulations ( 90 FR 4691) under Section 162(m) of the Internal Revenue Code. Section 162(m) generally limits the deductibility of compensation paid in any...more

Troutman Pepper Locke

Cannabis Rescheduling: ALJ Cancels Upcoming Hearings on Proposed Rulemaking

Troutman Pepper Locke on

Hearings on the merits of the Drug Enforcement Agency’s (DEA) proposed cannabis rescheduling, initially set to begin this month, have been cancelled. The preliminary hearing period has been littered with accusations that the...more

Barnea Jaffa Lande & Co.

Regulated payment services and financial services in Israel – summary and outlook for 2025

2024 was characterized by a multitude of regulatory directives to payment companies and to payment initiation companies as part of the preparations for the licensing obligation that came into effect in June 2024. This year...more

Foley Hoag LLP - Energy & Climate Counsel

ORES Releases Draft Siting Rules for Major Renewable and Transmission Projects in New York State

On Wednesday, December 18, 2024, the New York State Office of Renewable Energy Siting and Electric Transmission (“ORES”) issued its much-anticipated draft regulations concerning the environmental review, permitting, and...more

Maynard Nexsen

SBA Publishes Major Rule Change: Heeding Input, the Administration Clarifies and Refines M&A-Related Rules to Ease Concerns

Maynard Nexsen on

In August, the Small Business Administration ("SBA") issued a proposed rule that included significant and sweeping changes to its regulations, including to its rules on joint ventures, mentor-protégé, HUBZones, and others....more

Perkins Coie

CARB's Rejection of Low-NoX Alternative When Adopting Advance Clean Trucks Regulation Did Not Violate CEQA

Perkins Coie on

In California Natural Gas Vehicle Coalition v. State Air Resources Board, 105 Cal. App. 5th 304 (2024), the court upheld the Advanced Clean Trucks Regulation (“Regulation”), holding that the California Air Resources Board did...more

Vicente LLP

Massachusetts Cannabis Control Commission Releases Draft Social Consumption Establishment Regulations for Informal Public Comment

Vicente LLP on

The Massachusetts Cannabis Control Commission (the “Commission”) voted on December 17, 2024 to release its initial draft amendments to the Social Consumption Establishment regulations and accept informal public comments on...more

Mayer Brown

Final Regulations on Taxpayers Eligible for Direct Pay Electing Out of Subchapter K

Mayer Brown on

On November 20, 2024, the US Department of the Treasury and the Internal Revenue Service (“IRS”) issued final regulations (the “Final Regulations”) to allow certain unincorporated organizations owned by specified “applicable...more

A&O Shearman

Mansion House: UK Financial Conduct Authority Feedback on Advice Guidance Boundary Review and Next Steps

A&O Shearman on

The U.K. Financial Conduct Authority has published feedback to its December 2023 advice guidance boundary review. The review included a number of proposals to improve how people can access help with their pensions and retail...more

Perkins Coie

CISA Security Requirements for Restricted Data Transactions Under New DOJ Rule

Perkins Coie on

President Joe Biden issued Executive Order (EO) 14117 in February 2024 to mitigate national security risks posed by threat countries’ access to sensitive personal data and government-related data. The EO directed the U.S....more

Ballard Spahr LLP

California’s DFPI seeks comments on additional products and services to be registered under the CCFPL

Ballard Spahr LLP on

In the wake of the Office of Administrative Law’s approval of its registration and reporting requirements for providers of income-based advances, private postsecondary education financing, debt settlement services, and...more

Perkins Coie

CFPB Finalizes Proposed Open Banking Rule on Personal Financial Data Rights

Perkins Coie on

Background on Open Banking and the CFPB - The Consumer Financial Protection Bureau (CFPB) recently finalized a rule on personal financial data rights (Rule), implementing Section 1033 of the Consumer Financial Protection Act...more

Sheppard Mullin Richter & Hampton LLP

California Aims to Revolutionize Packaging and Food Ware: Answers to Key Questions about Recycling, Composting and Source...

Plastic packaging and food ware are some of the first targets of California’s ambitious and far-reaching program to achieve a “Circular Economy” that reduces waste and pollution. The California Department of Resources,...more

Cooley LLP

[Webinar] AI Talks: AI + Regulatory - November 13th, 12:00 pm - 1:00 pm EDT

Cooley LLP on

This session of Cooley’s AI Talks will cover ways to navigate the US, European Union, and UK regulatory and legislative risks of AI, including strategies for engaging with policymaking bodies and analyzing the business...more

A&O Shearman

UK Prudential Regulation Authority Consults on Large Exposures Framework

A&O Shearman on

The U.K Prudential Regulation Authority began consulting on proposals to amend the prudential framework for large exposures. The proposals include changes to implement the remaining Basel large exposures standards, by: (i)...more

EPR Group Consulting Inc.

EPR Packaging Programs: New Proposed Regs and New Registration Dates

On October 14, 2024, California's Department of Resources Recycling and Recovery (“CalRecycle”) released its proposed final regulations for California’s extended producer responsibility (“EPR”) packaging and plastic food...more

McDermott Will & Emery

Semiconductor Industry Receives Long-Awaited Tax Credit Guidance From Treasury

McDermott Will & Emery on

On October 22, 2024, the US Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued long-awaited regulations implementing the advanced manufacturing investment credit under Sections 48D and 50...more

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