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On April 25, 2024, the U.S. Department of Labor (“DOL”) published its much-anticipated final regulation on the definition of “fiduciary” under section 3(21)(a)(ii) of the Employee...
The UK/U.S. bilateral agreement for accessing electronic data in cases of serious crime (the Agreement) came fully into force on 3 October 2022.
Two weeks after the issuance of its commercial financing disclosure regulations, the California Department of Financial Protection and Innovation issued a Notice of Proposed Action with...
Centers for Medicare and Medicaid Services CMS published an interim final rule with comment period IFR on November 5, 2021, that implements the Biden administration’s previously announced vaccine mandate for healthcare facilities, affecting more than 10 million healthcare staff
On December 15, 2020, the U.S. Department of Labor (the “DOL”) issued its highly anticipated final prohibited transaction class exemption for fiduciary investment advice (the “Final Exemption”). The Final Exemption, which will be officially designated “Prohibited Transaction Exemption 2020-02,” serves two broad functions. First, in the preamble, the DOL provides its “Final Interpretation” of the five-part test under its 1975 regulation defining who is an investment advice fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) and Section...