The RAISE Act: A Compliance Guide for Counsel

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Ling Kong’s latest article published by the New York Law Journal delivers a comprehensive roadmap through New York’s newly amended AI regulatory regime and what it means for developers ahead of the Jan. 1, 2027 compliance deadline. In the piece, Ling unpacks the Legislature’s pivot from proposed deployment bans to a governance-driven framework centered on transparency, risk mitigation, and DFS oversight. In doing so, Ling breaks down the Act’s two-tiered structure, 72-hour incident reporting rule, Frontier AI Framework requirements, and enforcement nuances that counsel cannot afford to overlook. For AI companies, banks, sponsors, and investors operating in or touching New York, this is essential reading on how to build the compliance architecture that allows innovation to move forward under one of the nation’s most consequential AI laws.

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