The theme of this year’s African Development Bank (AfDB) meetings, which ran from May 23rd to the 27th, was timely and necessary: “Energy and Climate Change.” In the first day of the meetings, AfDB President Akinwumi Adesina announced the AfDB Group agenda for the continent’s economic transformation, which includes The New Deal on Energy for
May 2016
House Passes Fostering Innovation Act
This week, the U.S. House of Representatives unanimously passed the Fostering Innovation Act of 2015 (H.R. 4139), bipartisan legislation that would extend for an additional five years the current exemption for emerging growth companies from certain internal corporate financial control requirements of the Sarbanes-Oxley Act. The bill offers relief for medical technology and other emerging…
Forming and Operating Super PACs: A Practical Guide for Political Consultants in 2016
Covington recently released a high-level primer that provides political consultants with a practical resource for creating and running a federal Super PAC in a legally compliant manner. The primer, which is available here, explains the history and basic rules that apply to federal Super PACs. The primer then discusses the following key topics:
- checklist
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This Week in Congress — May 23, 2016
Congress is in for a very busy week before each chamber takes a one-week break for Memorial Day recess. The week is likely to showcase both instances in which Congress has been able to come together and enact important legislation and those in which contentious partisan and ideological cleavages are on display.
The Senate returns…
Sample Human Trafficking Compliance Plan Finally Released
This week, the Department of State (“State”), Verité, and other global NGOs, unveiled a sample human trafficking compliance plan and online resource to help contractors comply with the FAR’s anti-human trafficking rule (the “Rule”). As we have previously summarized, the Rule requires contractors to implement a compliance plan for contracts exceeding $500,000 that are…
NTIA Multistakeholder Group Reaches Consensus on Best Practices for Drone Privacy
By Stephen Kiehl and Hannah Lepow
Over the last year, the National Telecommunications and Information Administration, an arm of the Department of Commerce, has convened a series of meetings regarding voluntary best practices for privacy, accountability and transparency in the use of drones (“UAS”) by commercial and private users. A number of stakeholders have participated…
New Overtime Rules May Spell Trouble For Some Corporate PACs
The Obama Administration’s publication yesterday of a regulation increasing the universe of employees entitled to overtime pay might reduce the number of employees from whom corporate PACs can seek contributions.
The new regulations, which take effect on December 1, 2016, increase the salary level below which certain employees are entitled to overtime pay. Currently, salaried…
Final FAR Cyber Rule Issued on Basic Safeguarding Requirements
On May 16, 2016, the Department of Defense (DoD), General Services Administration (GSA), and the National Aeronautics and Space Administration (NASA) issued a Final Rule to add a new subpart and contract clause (52.204-21) to the Federal Acquisition Regulation (FAR) “for the basic safeguarding of contractor information systems that process, store, or transmit Federal contract…
China Builds New Framework Governing Civil Society Organizations, Part II: Foreign NGO Law
In Part I of this two-part series published on May 12, we described China’s new Charity Law and its implications for charitable organizations operating in the country, both domestic and foreign. On April 28, the Standing Committee of the National People’s Congress enacted another new law, this one governing foreign non-governmental organizations (“NGOs”) operating in…
EU Cyber Security Directive To Enter Into Force In August
The EU Network and Information Security (NIS) Directive now looks likely to enter into force in August of this year. Member States will then have 21 months to implement it into national law before the new security and incident notification obligations will start to apply to the following entities:
- designated* “operators of essential services” within
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