On May 23, 2024, Russian Presidential Decree No. 442 (the “Decree”), which establishes the framework that will allow the Russian government to seize any U.S. assets in Russia, was signed. This comes just weeks after the U.S. Rebuilding Economic Prosperity
Cleary Gottlieb Steen & Hamilton LLP Blogs
Latest from Cleary Gottlieb Steen & Hamilton LLP
UK Digital Markets, Competition, and Consumers Bill Passed By Parliament
UK Becomes Fourth Jurisdiction to Introduce Dedicated Digital Platform Regulation, with More Jurisdictions Likely to Follow
On 23 May, the UK Parliament passed the Digital Markets, Competition and Consumers (DMCC) Bill. The new DMCC Act will bring about some of
Antitrust Review Episode 26: In Conversation With Damien Gerard
In the latest instalment of Cleary Gottlieb’s Antitrust Review podcast, host Nick Levy is joined by Damien Gerard, Prosecutor General of the Belgian Competition Authority. Their conversation covers an array of topics, including the agency’s enforcement priorities, enhanced capabilities, and
NIST Delivers Draft Standards on AI and Launches GenAI Evaluation Program in Furtherance of President Biden’s Executive Order on AI
SEC Adopts Amendments to Reg S-P
On May 16, 2024, the Securities and Exchange Commission (the “Commission” or “SEC”) adopted a final set of amendments (the “Final Amendments”) to Regulation S-P (“Reg S-P”) to require “covered institutions,” which include SEC-registered investment advisers (“RIAs”) and broker-dealers, to
UK Government Publishes Updated Guidance on the Application of the National Security and Investment Act
On 21 May 2024, the UK Government published updated guidance on the application of the National Security and Investment Act (NSIA). This includes:
UK Government Publishes Updated Guidance on the Application of the National Security and Investment Act
On 21 May 2024, the UK Government published updated guidance on the application of the National Security and Investment Act (NSIA). This includes:
Supreme Court Declines to Hear Case Seeking Determination as to Whether the “Discovery Rule” Applies to Copyright Act Claims
Yesterday, the Supreme Court denied certiorari in Hearst Newspapers, LLC v. Martinelli, declining to determine whether the “discovery rule” applies in Copyright Act infringement cases and under what circumstances. As a result, most circuits will continue to apply the rule
President Biden Issues Order Requiring Chinese Owner to Divest Cryptocurrency Mining Facility Near U.S. Military Base
On May 13, 2024, President Biden issued an order (the “Order”) requiring MineOne Partners Limited, a company majority owned by Chinese nationals, and certain affiliates (together, “MineOne”) to divest previously acquired real estate (the “Real Estate”) in Wyoming located near
FTC Announces Reforms to the Health Breach Notification Rule
On April 26, 2024, the Federal Trade Commission (“FTC” or the “Commission”) announced changes to the Health Breach Notification Rule (“HBNR”), which requires certain entities not covered by the Health Insurance Portability and Accountability Act (“HIPAA”) to notify consumers, the