New OCIMF Pre-Fixture Tanker Vetting Cyber Requirement
Posted on Nov 22, 2017 in Cybersecurity, Litigation | Comments Off on New OCIMF Pre-Fixture Tanker Vetting Cyber Requirement
While the International Maritime Organization (IMO) has given ship owners and managers until 2021 to incorporate cyber risk into ships’ safety management systems, tanker owners and operators that are subject to vetting under the Oil Companies International Marine Forum’s (OCIMF) Ship Inspection Report Program (SIRE) Program will be expected to address cybersecurity risks in their...
NHTSA Releases New Automated Vehicle Policy
Posted on Sep 15, 2017 in Insurance | Comments Off on NHTSA Releases New Automated Vehicle Policy
The US Department of Transportation (DOT) and the National Highway Traffic Safety Administration (NHTSA) this week released Automated Driving Systems 2.0: A Vision for Safety. This updated guidance on automated driving systems (the Guidance) is intended to “pave[] the way for the safe deployment of advanced driver assistance technologies by providing voluntary guidance that encourages...
The Final Rule: DOL Proposes to Extend Transition Period until July 1, 2019, and Issues Additional Non-Enforcement Policy for Arbitration Limitations
Posted on Aug 31, 2017 in Government | Comments Off on The Final Rule: DOL Proposes to Extend Transition Period until July 1, 2019, and Issues Additional Non-Enforcement Policy for Arbitration Limitations
By a notice published in the Federal Register on August 31, 2017, the Department of Labor proposed to extend from January 1, 2018, until July 1, 2019, the date for compliance with the full conditions in its new “investment advice” fiduciary definition and related exemptions, which became generally applicable on June 9. Learn more.
An Emerging Patchwork Of Cybersecurity Rules
Posted on Aug 29, 2017 in Cybersecurity | Comments Off on An Emerging Patchwork Of Cybersecurity Rules
With the recent adoption of cybersecurity regulations governing broker-dealers and investment advisers registered in Colorado and Vermont, the landscape of cybersecurity regulation continues to evolve in significant ways. For those businesses not yet covered by cyber regulations, these latest moves indicate that the day of reckoning may be coming, with both federal and state regulators...
NAIC Takes Major Step Toward Final Approval of Insurance Data Security Model Law
Posted on Aug 14, 2017 in Uncategorized | Comments Off on NAIC Takes Major Step Toward Final Approval of Insurance Data Security Model Law
In a flurry of approvals last week, the National Association of Insurance Commissioners (NAIC) took substantial steps toward finalizing its proposed Insurance Data Security Model Law during the 2017 NAIC Summer National Meeting in Philadelphia. The Model Law establishes minimum cybersecurity standards consistent with New York’s cybersecurity regulation. The approval of the Model Law by...
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