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March 5, 2021 Share For over two and a half years, California has enjoyed the spotlight of having the most comprehensive data privacy law in the United States. On March 2, 2021, Virginia forced California to share the honors, when Democratic Gov. Ralph Northam signed into law the Virginia Consumer Data Protection Act (VCDPA). The VCDPA, which will not enter into effect until January 1, 2023, borrows heavily from the California Consumer Privacy Act (CCPA) and the European Union (EU) General Data Protection Regulation (GDPR). Perhaps because Virginia was able to benefit from the experience of ...

Securities Enforcement and Regulatory Update Congress Rings in the New Year With Substantial Changes to Anti-Money Laundering Laws January 5, 2021 Share The new year rings in the most significant changes in U.S. anti-money laundering (AML) law since the enactment of the USA PATRIOT Act and its implementing regulations in 2001. 1 The National Defense Authorization Act (NDAA) for fiscal year 2021, highlighted in the press for Congress’ override of a veto by the President of the United States, included the Anti-Money Laundering Act of 2020 (AML Act). The AML Act will have a substantial impac...