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Licensing Rules

Walkers

The BMA invites feedback on proposed Payment Services Provider regulatory framework

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The Bermuda Monetary Authority ("BMA") proposes a new Payments Services Act ("PSA") to replace the Money Service Business Act 2016 to establish a clear, risk-based framework for Payment Service Providers ("PSPs") operating in...more

IR Global

Dubai Allows Free Zone Businesses to Expand to Mainland

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The Dubai government has recently allowed the companies in free zones to expand in the mainland Dubai. The decision was taken through Executive Council Resolution No 11 of 2025 and is aimed to increase investment and promote...more

Bradley Arant Boult Cummings LLP

Is “Compromise” a Four-Letter Word? Alabama Legislature Passes Comprehensive Consumable Hemp Reform Bill

“Compromise” sometimes gets a bad rap. And history teaches us that there can be bad compromises. But as your resident glass-is-half-full contributor who has also been closely following debate over access to consumable hemp...more

Goodwin

Indiana Enacts Law Regulating Earned Wage Access Services

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Indiana has enacted a law that establishes a financial-services oversight regime for earned wage access services, also known as on-demand pay services, which allow workers to access earned but unpaid income before payday....more

Walkers

Setting up shop: A new manager's guide to establishing an investment management firm in Jersey

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Looking to establish an investment management firm in the Channel Islands? This guide, the second in our series, sets out the key steps and considerations for setting up your business in Jersey - a world-class financial...more

Sheppard Mullin Richter & Hampton LLP

UK’s Collective Licensing Initiative Aims to Harmonize AI and Copyright Law

In a significant move to address the tension between copyright and generative artificial intelligence (AI), the UK’s Copyright Licensing Agency (CLA), Authors’ Licensing and Collecting Society (ALCS), and Publishers’...more

Foley Hoag LLP - Cannabis and the Law

Final RI Cannabis Control Commission Regulations Take Effect as Rhode Island Inches Closer to Adult-Use Dispensary Application...

Although the prospect of an expanded recreational market has been on the horizon since 2022 when Rhode Island legalized recreational cannabis, Ocean State residents continue to endure limited access to such products, which...more

Benesch

English Language Regulatory Requirement - Coming Enforcement for Truck Drivers

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Recent headlines about President Trump’s Executive Order on “Enforcing Commonsense Rules of the Road for America’s Truck Drivers” (“EO”) raised questions across the trucking industry and in the media....more

A&O Shearman

The UK Future Cryptoasset Regulatory Framework

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On 29 April, the UK government published draft legislation which will bring currently unregulated cryptoassets, including stablecoins, within the scope of financial services regulation. This is the first of a number of...more

Akin Gump Strauss Hauer & Feld LLP

Akin Space Law, Regulation and Policy Update | May 2, 2025

Good Afternoon! It’s been a busy couple of weeks in space and space policy. President Trump proposed a $6 billion cut to NASA's budget and a $1 trillion defense budget, the nominee to lead NASA is moving to the full Senate...more

Torres Trade Law, PLLC

Understanding the U.S. Bureau of Industry and Security’s Entity List and Unverified List: Overview and Removal Process

The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) plays a critical role in protecting U.S. national security and advancing foreign policy objectives through its regulation of U.S. exports. Two...more

Wiley Rein LLP

Wireless Roundup (May 2025)

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FCC Solicits Feedback on Sweeping Changes to Submarine Cable Landing License Rules and Procedures: In this Notice of Proposed Rulemaking (NPRM), the Federal Communications Commission (FCC) seeks comment on comprehensive...more

Hogan Lovells

INL issues second report recommending improvements to nuclear licensing

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Idaho National Laboratory (INL), a U.S. Department of Energy (DOE) National Laboratory, has published an updated set of recommendations to reform and streamline nuclear energy licensing. The INL/RPT-25-84292, “Recommendations...more

Carey Olsen

Bermuda investment funds - Spring 2025 update

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Our investment funds team outline the latest developments within the investment funds market in Bermuda, covering the Bermuda Monetary Authority ("BMA") business plan 2025, BMA Consultation Paper - operational resilience and...more

Fox Rothschild LLP

At Stake - April 2025

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The Illinois Gaming Board (IGB) held its monthly meeting on Thursday, April 24, 2025. The meeting was hybrid with in-person accessibility at 160 N. LaSalle St., 5th Floor Auditorium and via livestream. Board members present...more

Orrick, Herrington & Sutcliffe LLP

Colorado enacts its Money Transmission Modernization Act

On April 16, the Colorado General Assembly enacted HB 25-1201, which repeals the state’s current Money Transmitters Act and replaces it with the Money Transmission Modernization Act (the “Act”), which is based on the model...more

Hudson Cook, LLP

Alaska's Anti-Evasion Bill: A Threat to Small Business Lending and Modern Bank-Fintech Partnerships

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A number of states have considered - and some have enacted - laws to regulate strategic partnerships between banks and technology companies that act as service providers....more

Holland & Hart LLP

the buzz: Cannabis News & Policy Update | April 2025

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Welcome back to the buzz, our monthly cannabis news and policy update. Your at-a-glance source for regulatory developments, agency announcements, and trends impacting the cannabis industry. In this edition of the buzz,...more

Shipkevich PLLC

Connecticut Supreme Court Clarifies Attorney Exemption in Debt Negotiation Enforcement Action

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On April 8, 2025, the Connecticut Supreme Court, in Commonwealth Servicing Group, LLC v. Department of Banking, issued an opinion that only attorneys and law firms are permitted to claim the attorney exemption from the...more

Venable LLP

California Proposes Licensing Framework for Digital Financial Asset Businesses

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The California Department of Financial Protection and Innovation (DFPI) has released proposed regulations implementing the Digital Financial Assets Law (DFAL), creating a formal licensing regime for businesses engaging in a...more

Bradley Arant Boult Cummings LLP

Court Voids Alabama Medical Cannabis Awards: What’s Next on This Far Too Long, Too Strange Trip?

On Monday — the day after the holiest of days on the cannabis calendar and just days after a hearing during which the Montgomery County Circuit Court heard arguments about whether an emergency rule promulgated by the AMCC in...more

Conyers

Regulatory Update: Cayman Islands VASP Licensing Regime Now in Effect

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The Cayman Islands Government has taken a significant step in the regulation of virtual asset service providers (VASPs) with the commencement of the licensing regime under the Virtual Asset (Service Providers) Act (as...more

Mayer Brown

Update on Maryland Licensing Guidance: A “Fix” In The Works?

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In a prior Legal Update, we discussed the introduction of legislation in the Maryland General Assembly that would amend Maryland law to address guidance issued by the Maryland Office of Financial Regulation (“OFR”). That...more

Carey Olsen

British Virgin Islands Fintech Guide (Chambers)

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This chapter provides the latest legal information on the British Virgin Islands' fintech market and regulation, including regulatory jurisdiction, sandboxes, AML rules and FATF standards; robo-advisers, online lenders and...more

Davis Wright Tremaine LLP

CPUC Order Sparks Major Changes in California's VoIP Regulations

On November 12, 2024, the California Public Utilities Commission (CPUC) issued Decision (D.) 24-11-003, "Establishing a Regulatory Framework for Telephone Corporations Providing Interconnected Voice over Internet Protocol...more

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