With the new year just around the corner and eight new privacy laws coming online next year, December is an excellent time for companies to assess their data collection and processing practices, and take stock of any changes needed to meet additional legal requirements.
On December 13, the CFPB published a report based on HMDA data collected from financial institutions, highlighting trends and changes in 2023 residential mortgage lending.
The US Department of Energy’s failure to transport and store spent nuclear fuel (SNF) pursuant to the Nuclear Waste Policy Act has required the government to reimburse the industry for substantial storage costs, and future payments are expected to increase.
In a clash between free speech and national security, the Supreme Court will soon decide whether TikTok can continue to operate in the United States. The highly anticipated hearing on January 10 will determine the fate of the popular app, which the government has sought to ban....
On December 17, U.S. House Financial Services Committee leaders warned the Biden administration’s agencies to refrain from making any additional “partisan” rulemaking over the several weeks remaining before the transition to a new presidential administration. Reps.
With only days left in 2024, the Fifth Circuit Court of Appeals has reversed the Texas federal court’s nationwide injunction against enforcement of the Corporate Transparency Act (CTA).
Katten's Privacy, Data and Cybersecurity Quick Clicks is a monthly newsletter highlighting the latest news and legal developments involving privacy, data and cybersecurity issues across the globe.... By: Katten Muchin Rosenman LLP
On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit granted a stay on the preliminary injunction that halted enforcement of the Corporate Transparency Act (CTA), pending resolution of the government’s appeal of the decision granting the injunction.
Florida Senate Bill 556, passed in May of 2024 and set to go into effect on January 1, 2025, establishes the new Florida Statute § 415.10341, which is intended to better protect “specified adults” from financial exploitation.
Like a game of ping pong, the enforcement of the Corporate Transparency Act (the “CTA”) has been going back and forth between several courts and just landed back on the “enforcement” side of the net.