On December 6, 2022, the European Union’s (EU) Regulation on Artificial Intelligence (AI Act) progressed one step towards becoming law when the Council of the EU (the Council) adopted their amendments to the draft act
Continue Reading Council of the EU Proposes Amendments to Draft AI Act
Written Comments Due by November 21
On November 3, 2022, the California Privacy Protection Agency (CPPA, or the Agency) issued modified proposed regulations implementing the California Privacy Rights Act (CPRA),[1] which revise the
Continue Reading California Privacy Protection Agency Releases Modified Proposed CPRA Regulations: An In-Depth Analysis
On October 7, 2022, President Biden signed an Executive Order (Order) on Enhancing Safeguards for United States Signals Intelligence Activities. This marks the latest step towards the new EU-U.S. Data Privacy Framework (Framework), a replacement
Continue Reading President Biden Signs Executive Order to Implement the New EU-U.S. Data Privacy Framework
On September 15, 2022, the European Commission (EC) published a Proposal for a Cyber Resilience Act (CRA Proposal) that sets out new rules in the European Union (EU) for software and hardware products and their remote data processing solutions. The CRA Proposal introduces mandatory cybersecurity-related requirements and reporting obligations, including about product vulnerabilities, for manufacturers, importers, and distributors of such products. The potential sanctions include product withdrawal from the EU market and fines of up to EUR 15 million or 2.5 percent of total worldwide annual turnover for the preceding year.
Continue Reading European Commission Proposes New EU Cybersecurity Rules for Software and Hardware Products
On August 10, 2022, the Consumer Financial Protection Bureau (CFPB) issued a final Interpretive Rule stating that the Consumer Financial Protection Act (CFPA) applies to companies engaged in targeted advertising of financial products and services.
Continue Reading CFPB: New Sheriff in Town for Tech Companies?
On July 18, 2022, the long-awaited Digital Markets Act (DMA) received the final approval of the EU’s co-legislators. The DMA will impose stringent far-reaching obligations on the largest digital platforms: the “gatekeepers.” The regulation will give the European Commission (EC) significant new enforcement powers, including the ability to impose severe fines and remedies in case of non-compliance.
The DMA will profoundly change the way in which big tech platforms operate in the EU. It will capture the largest tech companies and potentially 15-20 other platforms such as Alibaba and Booking.com. It will also create complications for non-gatekeepers, as the rules will impact how data can be shared with a gatekeeper’s commercial partners.
Continue Reading D(MA)-Day: Formal Adoption of the EU Digital Markets Act