Recent Articles

FFIEC Releases New Authentication Guidance for Online Banking

Joseph M. Wallin
July 07, 2011 16:27

By Andrew J. Lorentz and Richard A. GibbsOn June 28, 2011, the Federal Financial Institutions Examination Council (FFIEC) issued a Supplement to the Authentication in an Internet Banking Environment guidance first issued in Oct. 2005. The FFIEC considered that further guidance was appropriate due...

Six Tips for Compliance with Europe's New Cookie Rules

Joseph M. Wallin
July 07, 2011 16:20

By Robert F. Stankey and Adam Shoemaker While the European Union’s deadline for implementing new cookie rules has passed, substantial uncertainty remains about what organizations should do to make their online activities compliant. In this advisory we offer six practical tips for dealing with...

OCC Proposes New Bank Preemption Rules Under the Dodd-Frank Act

Joseph M. Wallin
June 17, 2011 19:45

By Andrew J. Lorentz, James H. Mann, Bernard L. Russell, and Andrew OwensOn May 25, 2011, the Office of the Comptroller of the Currency (OCC) proposed revisions to its rules on the scope of federal preemption of state laws with respect to national banks.1  The proposed rules implement critical...

China Releases Draft Interim Social Insurance Measures Covering Foreign Employees

Joseph M. Wallin
June 17, 2011 19:35

By Ron CaiEarlier this week, the Chinese Ministry of Human Resources and Social Security released for public comment its draft Interim Measures for the Participation in Social Insurance of Foreigners Employed in China. The public comment process will close on June 17, 2011. This short deadline...

An Overview of China's New Anti-Price Monopoly Rules and Procedures

Joseph M. Wallin
March 17, 2011 16:22

By Ron Cai and Ariel FuOn Dec. 29, 2010, the National Development and Reform Commission (NDRC), one of the three authorities responsible for enforcing China’s Anti-Monopoly Law (“AML”), issued the Anti-Price Monopoly Regulations (“Price Rules”) and Regulations on...

FASB Sounds Retreat on New Accounting Standards for Leases

Joseph M. Wallin
February 28, 2011 18:54

By John W. Hanley, Jr. addDependent( 'PORTLET_PARAMS_null', 'PORTLET_B03' ); WebOS.Client.registerFieldDependency( "_v52", "PORTLET_B03__description", "description", "description", "Description", [ ] , "<p>Last year we reported in advisories...

FCC and DOJ Allow the Comcast-NBCU Joint Venture to Proceed with Conditions

Joseph M. Wallin
January 20, 2011 22:07

By John D. Seiver and Paul GlistYesterday, both the Department of Justice (DOJ) and the Federal Communications Commission (FCC) took actions that will allow Comcast to create and control a joint venture with NBC Universal, Inc. (NBCU). DOJ announced it would allow the transaction to move forward...

CPUC Authorizes Use of Tradable Renewable Energy Credits

Joseph M. Wallin
January 20, 2011 15:46

By Steven F. Greenwald and Vidhya PrabhakaranOn Jan. 13, 2011, by a 3-0 vote, the California Public Utilities Commission (CPUC) announced a decision again authorizing the procurement of tradable renewable energy credits (TRECs) by the three largest California investor-owned electric utilities...

U.S. Food Safety Overhaul is Underway: FDA Gets Broad Oversight Powers

Joseph M. Wallin
January 04, 2011 22:01

FDA Food Safety Modernization Act brings sweeping changes to food processing industry   By William L. WeigandOn Jan. 4, President Obama will sign into law a major overhaul of food safety regulation in the...

New Year's Resolution 2011: Follow Through on Good Nonprofit Governance Practices

Joseph M. Wallin
January 04, 2011 21:54

By LaVerne Woods and Thomas C. SchroederIf there is a unifying theme among the key legal issues of 2010 for nonprofits, it is the importance of good governance practices. The impact of governance is pervasive. It affects an organization’s success in furthering its mission, its exposure to...