On July 26, 2023, the U.S. Securities and Exchange Commission adopted long-anticipated disclosure rules for public companies by a 3-2 party-line vote. The final rules apply both to U.S. domestic public companies, as well as any offshore company that qualifies as a “foreign private issuer” under SEC rules due to a strong nexus to the U.S. capital markets. The new rules are effective as soon as December 18, 2023, and we provide further details in this blog post.
Continue Reading SEC Adopts Final Public Company Cybersecurity Disclosure Rules

On June 10, 2022, CIPL published a white paper entitled “Local Law Assessments and Online Services – Refining the Approach to Beneficial and Privacy-Protective Cross-Border Data Flows A: Case Study from British Columbia.”
Continue Reading CIPL Publishes New White Paper on the Approach of British Columbia, Canada to Cross-Border Data Transfers by Public Sector Bodies

We previously posted about the Tapplock, Inc. settlement with the Federal Trade Commission over allegations that the company violated Section 5 of the FTC Act by falsely claiming that its “smart locks” were secure. Earlier this month, the FTC voted 5-0 to approve the settlement.
Continue Reading FTC Approves Settlement with Canadian Lockmaker Over Deceptive Security Claims