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EU’s General-Purpose AI Obligations Are Now in Force, With New Guidance
The EU AI Act’s obligations on general-purpose AI providers have now come into force alongside the publication of new guidance, a code of practice and a disclosure template.
Pre-Merger Notification Proliferation
Expanding scope to transactions outside of specific (health and retail) industries, some U.S. states recently enacted pre-merger notification regimes of general applicability, requiring parties making HSR filings to also notify state attorneys general.
The EU AI Act’s obligations on general-purpose AI providers have now come into force alongside the publication of new guidance, a code of practice and a disclosure template.
Expanding scope to transactions outside of specific (health and retail) industries, some U.S. states recently enacted pre-merger notification regimes of general applicability, requiring parties making HSR filings to also notify state attorneys general.
The new “debanking” executive order directs federal banking regulators to identify financial institutions that have engaged in unlawful or politicized debanking and authorizes enforcement actions against them.
Improper inducement or legitimate distribution fee? The UK Supreme Court’s landmark ruling clarifies the rules on intermediaries that are common to the supply chain of almost all financial services.
Executive Order Targets Debanking and Calls for Review of Financial Institution Practices
The new “debanking” executive order directs federal banking regulators to identify financial institutions that have engaged in unlawful or politicized debanking and authorizes enforcement actions against them.
UK Supreme Court Clarifies Rules on Fiduciaries, Bribery and Disclosure
Improper inducement or legitimate distribution fee? The UK Supreme Court’s landmark ruling clarifies the rules on intermediaries that are common to the supply chain of almost all financial services.
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