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On February 28, 2024, President Joe Biden issued a landmark Executive Order titled “Preventing Access to Americans’ Bulk Sensitive Personal Data and United States Government-Related Data by Countries of Concern” (the “Order”).
Public companies are now required to comply with new cybersecurity disclosure requirements in their Annual Reports on Form 10-K for fiscal years ending on or after December 15, 2023.
On December 8, 2023, representatives of the European Council and the European Parliament reached a provisional agreement on the EU’s Artificial Intelligence Act (“AI Act”).
On October 30, 2023, President Biden issued an Executive Order (“Order”) that drastically increased the U.S. government’s engagement with artificial intelligence (“AI”).
Welcome to Vinson & Elkins’ Securities and ESG Updates. Our aim is to provide insights into notable developments in securities reporting and the environmental, social and governance space over the quarter.
On September 12, 2023, Delaware governor John Carney signed the Delaware Personal Data Privacy Act (the “DPDPA” or the “Act”) into law.
The Department of Homeland Security’s Transportation Security Administration (“TSA”) has issued an amended directive on pipeline security, SD-Pipeline-2021-02D (the “Directive”).
On July 10, 2023, the European Commission adopted an adequacy decision for the EU-U.S. Data Privacy Framework.
Texas will soon join the growing list of states that have passed comprehensive data privacy legislation.
On March 15, 2023, the Securities Exchange Commission (“SEC”) issued three additional proposed rules that would expand the reach of the agency’s current cybersecurity guidance to new entities and augment existing cybersecurity compliance obligations.