News

As of November 1, 2024, China has officially implemented the beneficiary owner information (BOI) filing requirements for all business entities in the country following the effectiveness of the Administrative Measures on Beneficial Owner Information (受益所有人信息管理办法, or the Measures).

December 2024 marks a pivotal milestone in international cybersecurity cooperation as the Tallinn Mechanism concludes its first year of operations, having mobilized over $210 million in targeted assistance for Ukraine’s digital defense infrastructure.

The first binding Codes of Practice under the UK’s Online Safety Act 2023 (OSA) have now been published, requiring those in scope to take immediate action to become compliant.

In re: CCIV / Lucid Motors Sec. Litig., 110 F.4th 1181 (9th Cir. 2024), the Ninth Circuit affirmed dismissal of a securities fraud class action brought by investors under Sections 10(b) and 20(a) of the Exchange Act and Rule 10b-5 against Lucid Motors and its Chief Executive Officer.  ...

A complaint was recently filed by 18 state attorneys general and the DeFi Education Fund against the US Securities and Exchange Commission (SEC), alleging that the agency is exceeding its authority by attempting to regulate the digital asset industry under existing federal securities laws.

As the New York Times recently reported, one online influencer is suing another, claiming she stole her “vibes.”...
By: AEON Law

Two more chlorinated solvents have been wholly or partially banned by the U.S. Environmental Protection Agency (EPA) under the Toxic Substances Control Act (TSCA).

Canada’s federal government announced it intends to remove the “30 percent rule” for investments by domestic pension funds in Canadian entities. The change is part of the Fall Economic Statement that was released on December 16, 2024.

California recently passed AB 2426, a new law amending California’s existing false advertising laws to target various false or misleading digital advertising claims.

On Friday, Dec. 20, 2024, the House and Senate advanced the American Relief Act, 2025 (H.R. 10545), a continuing resolution (CR) that funds the federal government until March 14, 2025.

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