Data Matters

SEPTEMBER 20, 2018

Office of the Comptroller of the Currency (OCC) announced its decision (the Fintech Charter Decision) to begin accepting applications from financial technology (fintech) companies for special purpose national bank charters. The Fintech Charter Decision is discussed in greater detail in a prior Sidley Banking and Financial Services Update.

Financial Services 68

Financial Services Paper Marketing Privacy 68

DLA Piper Privacy Matters

MARCH 31, 2023

On 29 March 2023 the Government published the long-awaited white paper (“ Paper ”) setting out how the UK anticipates it will achieve the first, and most important, of these goals – the creation of a blueprint for future governance and regulation of AI in the UK.

Artificial Intelligence 40

Artificial Intelligence Paper Government Risk 40

Data Matters

AUGUST 24, 2018

The Task Force stressed that the guidance provided in the white paper will not be designed to preempt state authority but rather will assist regulators in providing greater consistency among states’ review of predictive models. The Task Force aims to complete the white paper by the fall of 2018.

Insurance 60

Insurance Big data e-Delivery Risk 60

Data Matters

APRIL 23, 2018

In January 2017, seeking to provide practical advice for directors to address their oversight responsibilities, the National Association of Corporate Directors (NACD) released its (revised) Handbook on Cyber-Risk Oversight (NACD Handbook). Its prescription can be understood as an enterprise-level, targeted guidance approach. Principle 2.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60