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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-07-05T14:03:00
Changes to the California Consumer Privacy Act (CCPA) expected to take effect July 1 have been stayed until March 2024 following a ruling from the Sacramento County Superior Court.
On Friday, the court determined the California Privacy Protection Agency (CPPA) did not adopt final regulations in a timely manner as required under the California Privacy Rights Act (CPRA). The CPRA called for changes to the CCPA to be adopted by July 1, 2022; the agency in March announced the final rules.
In disagreement with the CPPA, the court ruled the CPRA as approved by California voters called for a 12-month grace period between the agency’s adoption of final regulations and their enforcement.
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News and analysis for the well-informed compliance or audit exec.
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2023-08-10T16:52:00Z By Jeff Dale
The Dubai International Financial Centre announced the California Consumer Privacy Act passes muster, allowing compliant California businesses to be the first permitted to transfer data with the DIFC without additional contractual measures.
2023-07-13T16:29:00Z By Adrianne Appel
Many businesses are breathing a sigh of relief following a court ruling that delayed enforcement of certain provisions of the California Privacy Rights Act, but companies should not rest on their laurels, according to experts.
2023-05-03T19:52:00Z By Adrianne Appel
Indiana became the latest in a growing number of U.S. states with a comprehensive consumer data privacy law on the books.
2024-07-24T15:50:00Z By Aaron Nicodemus
Financial institutions holding Russian sovereign assets that have not reported them to the Treasury Department’s Office of Foreign Assets Control are now required to do so by Aug. 2.
2024-07-23T12:29:00Z By Ruth Prickett
Compliance officers should take note of proposed laws in the U.K. with the newly elected Labor government setting the legislative agenda in the King’s Speech last week, promising consultations on enhanced employee rights and a higher minimum wage.
2024-07-22T15:50:00Z By Aaron Nicodemus
Four federal banking regulators have joined the Treasury Department’s Financial Crimes Enforcement Network in issuing a notice of proposed rulemaking that would require financial institutions to conduct more thorough risk assessments on their anti-money laundering/countering the financing of terrorism programs.
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