Compliance Compass: Weekly Regulatory Roundup (12 – 16 August 2024)

Here is a short summary or gist of the document:

Regulatory Update for 12-16 August 2024

The regulatory update covers key developments in 20 G-20 nations across various sectors, including:

Artificial Intelligence: Brazil launches a new module for the Electronic Information System (SEI) incorporating AI resources.
Competition: Mexico issues guidelines for the Institutional Archive System of the Federal Economic Competition Commission.
Consumer Protection: USA announces a final rule to combat fake reviews and testimonials, and the Consumer Financial Protection Bureau releases an advisory opinion on contract for deed.
Data Protection: Argentina publishes recommendations for adults to help children protect their personal data, and Indonesia begins a public consultation on Openness of Public Information.
Employment: Australia and Canada seek input on workforce development and safety.
Environment: Italy promotes the construction of innovative renewable energy plants, Japan requests comments on draft technical guidelines for environmental pollution prevention, and the USA seeks public comment on a proposal to limit vessel wastewater discharges.
* Financial Services: Argentina, European Union, Russia, and South Korea announce regulatory changes and updates on financial services, including harmonised rules for collateral mobilisation and management.

This summary provides a brief overview of the key regulatory developments across 20 G-20 nations during the period of 12-16 August 2024.