Commerce Department Proposes Sweeping Know Your Customer & Other Requirements for IaaS Providers

The United States Department of Commerce (Commerce) issued a notice of proposed rulemaking (NPRM) seeking comments on new proposed regulations that would, if enacted, impose extensive Know Your Customer (KYC) and Customer Identification Program (CIP) requirements on U.S. Infrastructure as a Service (IaaS) providers……
By: Fenwick & West LLP