The California legislature recently adjourned its 2022 session without extending several exemptions from the California Consumer Privacy Act of 2018 (CCPA). As a result, due to the California Privacy Rights Act (CPRA) amendments to the CCPA that go into effect on January 1, 2023, compliance with the CCPA will become more complicated for in-scope asset managers and financial institutions that have: California-resident employees or job applicants; and/or business contacts resident in California.
