Under California’s Fair Investment Practices by Venture Capital Companies Law (the FIPVCC), venture capital funds with a nexus to California (Covered Entities) will be required to register with the California Department of Financial Protection & Innovation (the DFPI) starting in March 2026 and report demographic information about their portfolio companies to the DFPI starting in April 2026. The purpose of the FIPVCC is to increase transparency regarding the demographics of the founding teams of the portfolio companies in which Covered Entities invest.

The General Services Administration (GSA) recently announced changes to procedural guidance that may affect contractor eligibility for GSA contracts. GSA issued the IT Security Procedural Guide: Protecting Controlled Unclassified Information (CUI) in Nonfederal Systems and Organizations Process CIO-IT Security-21-112, which set out a cybersecurity framework for protecting CUI that is similar to the Cybersecurity Maturity Model Certification (CMMC) for DoD contracts. 

Our latest Client Alert on FCA CP25/41, outlining the UK’s proposed Admissions & Disclosures regime and new Market Abuse Regime for Cryptoassets (MARC).

The proposals introduce enhanced gatekeeper responsibilities for Cryptoasset Trading Platforms, a new Qualifying Cryptoasset Disclosure Document (QCDD) framework with associated liability provisions, retail investor withdrawal rights in certain circumstances, a tailored approach for UK-issued stablecoins, and a bespoke market abuse regime for cryptoassets.

With the consultation closing on 12 February 2026 and final rules expected later this year, firms should begin assessing potential operational and governance impacts.