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Insight

10 Things to Know about the European Commission’s Questions and Answers on the GDPR Standard Contractual Clauses

by Dr. Christian Schröder
September.21.2022

On June 4, 2021, the European Commission (the “Commission”) published its implementing Decision adopting standard contractual clauses for transfer of ...

Insight

New Presidential Executive Order on National Security Factors for CFIUS

by Harry Clark, Jeanine P. McGuinness, Elizabeth Zane and Maria Sergeyeva
September.20.2022

CFIUS reviews of foreign investment transactions may take technological leadership, supply chain resilience, and other factors into consideration.

Insight

A Teachable Moment: Latest SEC Enforcement Actions Remind Underwriters of Limited Offering Exemption’s “Reasonable Belief” Requirements

by Jenna Magan, Jerry V. Kyle Jr. and Christine Reynolds
September.20.2022

In an unprecedented move, the SEC filed litigation against one underwriter of municipal securities and announced settlements with three others.

Insight

New U.S. State Privacy Laws: 10 Ways Companies Should Prepare

by Shannon Yavorsky, Sulina Gabale and Kathryn "Katy" de Visscher
September.15.2022

Looking towards 2023, organizations should be mindful of the effective dates of several new state privacy laws in the U.S. Companies should review ...

Insight

Expect Greater Regulatory Scrutiny of Crypto-Asset Activities

by Kathryn Ryan and Max Bonici
6 minute read | September.14.2022

In mid-August, the Federal Reserve issued guidance on crypto-asset and related activities, joining the Office of the Comptroller of the Currency and ...

Insight

Update: European Subsidiaries of U.S. Cloud Providers Can Offer IT Services in the EU

by Dr. Christian Schröder
September.14.2022

The decision of the Procurement Chamber of Baden-Württemberg was annulled by the Higher Regional Court of Karlsruhe in its legally binding decision ...

Insight

German Federal Labour Court: Legal Obligation for Employers to Record Working Time?

by Dr. André Zimmermann LL.M.
September.14.2022

The highest German labour court may have found that all employers are legally obliged to introduce a system for recording working time.

Insight

Federal and Private Student Lending Developments

1 hour 4 minute watch | September.13.2022

The Biden administration’s recent announcement of broad-based federal student loan forgiveness has upended the student lending industry.

Insight

Online Content in France: Challenge Raised to Block Online Porn Websites

by Julia Apostle and Meg Hennessey
September.12.2022

computer code with blue, white and red overlay

A decision regarding whether to refer the constitutional challenge to the higher court is expected on 4 October 2022.

Insight

The U.S. and China Reach Agreement on Audit Cooperation

by Richard Smith, Jeff Zhang and Martha Wang
September.09.2022

On August 26, 2022, the U.S. and Chinese governments reached a Statement of Protocol Agreement regarding cooperation on inspecting the audit work ...

Insight

Germany Privacy Update: Are Subsidiaries of Foreign Companies Prohibited from Processing Personal Data?

by Dr. Christian Schröder
September.01.2022

Discussion of a decision on the processing of personal data by subsidiaries of foreign companies in Germany.

Insight

CFPB Enforcement Power: 3 Trends to Follow

by Melissa Baal Guidorizzi, Daniel Forester and Tori Downey
September.01.2022

The Consumer Financial Protection Bureau (CFPB) has expanded its oversight of nonbank financial entities to add to its available regulatory tools in ...