To remain competitive, companies find themselves increasing their efforts to digitally transform their businesses by developing new offerings based on emerging technologies and integrating these technologies into existing product and service offerings. This is our first monthly bulletin for 2020, aiming to help companies identify important and significant legal developments governing the use and acceptance of blockchain technology, smart contracts and digital assets.  In this issue, we also feature a spotlight on Asia Pacific developments. While…

The Trump Administration has unveiled its long-awaited guidelines governing how federal agencies should develop and use artificial intelligence (AI) technologies. On January 7, the White House Office of Management and Budget (OMB) and the Office of Science and Technology Policy (OSTP) issued a draft memorandum with a set of 10 “Principles for the Stewardship of AI Applications,” calling for fairness and non-discrimination, transparency, flexibility, public trust and participation, sound science, and safety and security to…

The SEC recently proposed amendments to the long-standing definition of “accredited investor,” an important qualification standard under the securities laws that determines what types of investors may invest in certain kinds of private securities offerings, including securities offerings conducted pursuant to Rules 506(b) and 506(c) of Regulation D under the Securities Act of 1933 and other important federal and state securities law exemptions. The current definition of “accredited investor” has been in place without any…

The ministerial decree of 19 April 2019 establishing a new template for foreign employment contracts allows foreign employees to be treated in the same way as Moroccan employees. Foreigners wishing to work in Morocco must comply with certain procedures and complete formalities leading to the issuance of a work permit which takes the form of a visa affixed to the foreigners’ employment contract by the Moroccan Ministry of Labor and Professional Integration. Moroccan judges have…

When the California Consumer Privacy Act takes effect on January 1, 2020, many companies will face significant class action litigation risk under the Act’s private cause of action for data breaches. Join members of DLA Piper’s integrated Cybersecurity and Litigation Team for a discussion of incident response and litigation planning for companies that will face this groundbreaking litigation risk in the new year. To register click here.…