Regulatory Update

L.A. Concrete Retrofit Lag Persists as Colombia Quake Highlights Stakes

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L.A. Concrete Retrofit Lag Persists as Colombia Quake Highlights Stakes

Los Angeles – September 28, 2026 -- Fewer than 15% of Los Angeles properties covered by the city's mandatory non-ductile concrete retrofit program had submitted retrofit plans more than a decade after the ordinance took effect, according to research published in Earthquake Spectra in July 2026.

Colombia's $13.28 Billion Earthquake Loss Underscores Retrofit Stakes

A magnitude 7.4 earthquake struck western Colombia in August 2026, damaging more than 225,000 structures and causing an estimated $13.28 billion in direct physical damage, according to a United Nations Development Programme assessment. The scale of destruction has renewed scrutiny of Los Angeles buildings that share similar structural vulnerabilities.

Artesia, Burbank, Lakewood Approve PACE Financing via Home Run Financing

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Artesia, Burbank, Lakewood Approve PACE Financing via Home Run Financing

Lakewood, Calif. – September 28, 2026 -- The City Councils of Artesia, Burbank and Lakewood have voted to approve Property Assessed Clean Energy (PACE) home improvement financing through Home Run Financing (HRF), bringing the total number of participating California jurisdictions to more than 360.

Three Los Angeles County cities join 39 others already offering HRF's PACE program

Artesia, Burbank and Lakewood follow Hawthorne, Calabasas and Lawndale, which approved the program last fall, expanding PACE access across Los Angeles County. Los Angeles was an early adopter of the financing model.

ISO, UNDP Launch First Global Standard for SDG Management Systems

Paris – September 28, 2026 -- ISO and the United Nations Development Programme (UNDP) have launched ISO/UNDP 53001, the world's first International Standard providing organizations with a requirements-based management system to integrate the Sustainable Development Goals (SDGs) into strategy, governance and operations.

Standard debuts at ISO Annual Meeting to close implementation gap on SDGs

The standard was unveiled on the opening day of the ISO Annual Meeting in Paris, marking a shift from voluntary SDG commitments to a structured, auditable framework. ISO/UNDP 53001 gives organizations tools to identify priorities, set objectives, embed them into existing processes and measure performance over time, offering a consistent basis to demonstrate compliance and strengthen accountability.

Cuvo Health Report: Only 14 States Ease Telehealth Licensing

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Cuvo Health Report: Only 14 States Ease Telehealth Licensing

Wilmington, Del. – September 28, 2026 -- A new 51-jurisdiction dataset from Cuvo Health shows that only 14 states offer out-of-state physicians a telehealth registration or telemedicine license short of full licensure, exposing a costly compliance gap for digital health startups seeking national scale.

Saber Healthcare Discloses Ransomware Attack Exposing Patient Data

Beachwood, Ohio – September 26, 2026 -- Saber Healthcare Group has disclosed a cybersecurity incident in which an outside party encrypted a portion of its corporate network files on September 26, 2026, potentially exposing personal and medical information tied to an undisclosed number of individuals.

Attacker encrypted files causing service outage on September 26, 2026

Saber detected a service outage affecting internal and external computer systems on that date. The company secured and isolated its systems and launched an investigation with outside cybersecurity experts, who confirmed an unauthorized party had accessed the corporate network and encrypted a small portion of files, triggering the outage.

Kenaitze Indian Tribe Discloses Data Breach Exposing Health Records

Kenai, Alaska – September 26, 2026 -- The Kenaitze Indian Tribe (KIT) has begun notifying individuals whose protected health information may have been compromised in a network intrusion detected on September 26, 2026.

Unauthorized actor accessed KIT network for 11 days in July 2026

KIT's investigation, conducted with cybersecurity specialists, determined that an unauthorized party gained access to the tribe's network between July 16 and September 26, 2026, and may have accessed or downloaded certain files during that window.

Exposed data includes Social Security numbers and medical records

A comprehensive file review identified that compromised information may include first and last names, Social Security numbers, driver's license or state identification numbers, financial account numbers, dates of birth, medical information, and health insurance details.

Senators Introduce Bill to Create Federally Chartered Heart Research Foundation

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Senators Introduce Bill to Create Federally Chartered Heart Research Foundation

Washington – September 26, 2026 -- A bipartisan bill introduced in the U.S. Senate would create the Heart Security Foundation, a federally chartered nonprofit housed within the National Institutes of Health to accelerate cardiovascular research funding and coordination.

Cardiovascular disease kills nearly one million Americans annually

Cardiovascular disease remains the leading cause of death in the United States, claiming close to one million lives each year, according to figures cited in the legislative push. Roughly 120 million American adults -- nearly one-third of the U.S. population -- are living with some form of cardiovascular disease, with risk levels disproportionately distributed across communities.

Senate Passes Twin Bills on Pilot Mental Health, Medication Rules

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Senate Passes Twin Bills on Pilot Mental Health, Medication Rules

Columbus, Ohio – September 26, 2026 -- The U.S. Senate has passed two aeromedical reform bills -- S. 3257, the John A. Hauser Mental Health in Aviation Act, and S. 3258, the Aviation Medication Transparency Act -- prompting the NetJets Association of Shared Aircraft Pilots (NJASAP) to press the House of Representatives for swift companion action.

NJASAP represents more than 3,800 professional pilots flying for NetJets Aviation, Inc., a Berkshire Hathaway (NYSE: BRK.A) subsidiary.

AB 32 at 20: California Cuts Emissions 23.3%, GDP Grows 41%

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AB 32 at 20: California Cuts Emissions 23.3%, GDP Grows 41%

Sacramento, Calif. – September 26, 2026 -- California cut statewide greenhouse gas emissions by 23.3% between 2006 and 2023 while GDP per capita rose 41%, according to a new report from Next 10 marking two decades since Assembly Bill 32 became law.

California's clean-energy sector now employs 552,300 workers, nearly double Texas

The report, "Twenty Years of AB 32: California's Landmark Climate Law and Its Legacy," credits the 2006 law—signed by then-Governor Arnold Schwarzenegger—with establishing the nation's first economy-wide emissions cap and laying the groundwork for the state's Cap-and-Invest program. California led all U.S. states with 552,300 clean-energy jobs in 2024, nearly twice the total in second-ranked Texas.

Sasol Non-Executive Director Rhidwaan Gasant Resigns From Board

Johannesburg – September 25, 2026 -- Sasol Limited confirmed that non-executive director Rhidwaan Gasant has resigned from the Board for personal reasons, effective immediately upon acceptance on 25 September 2026.

Board accepts resignation under JSE disclosure rules

The change was disclosed in compliance with paragraph 6.71 of the JSE Listings Requirements and paragraph 6.42 of the JSE Debt and Specialist Securities Listings Requirements, which mandate shareholder and noteholder notification of director departures.

Gasant exits Audit and Remuneration Committee roles

Alongside his board resignation, Gasant steps down from his positions on Sasol's Audit Committee and Remuneration Committee, effective the same date.

Board Chairman Ms Dube thanked Gasant for his service and contribution during his tenure, citing the insights and experience he brought to board deliberations.