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European Union › New Legislation › Regulatory Agenda

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
A&O Shearman

Just a few months left before DORA enforcement: Time to Take Action

A&O Shearman on

The Digital Operational Resilience Act EU 2022/2554 (DORA) constitutes a groundbreaking EU regulation designed to establish a unified framework for bolstering cybersecurity and operational resilience within the financial...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU Adopts Legislation To Regulate ESG Rating Providers

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The EU’s adoption of the Regulation on the Transparency and Integrity of Environmental, Social and Governance (ESG) Rating Activities (the ESGR) made the EU the first jurisdiction in the world to formally regulate the growing...more

McDermott Will & Emery

European Commission Seeks Feedback on NIS2 Draft Cybersecurity Measures

McDermott Will & Emery on

WHAT HAPPENED: On June 27, 2024, the European Commission published for feedback a draft implementing act (draft implementing act) under the Network and Information Security 2 Directive (NIS2). It specifies cybersecurity...more

King & Spalding

EU AI Office Announces Organizational Structure & Hosts First Webinar

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Last month the European Commission (“EC”) announced organizational details regarding the recently formed EU AI Office. Initially launched in January 2024 through the EC’s AI innovation package, the EU AI Office (“AI Office”)...more

Foley Hoag LLP - Global Business and Human...

New E.U. Forced Labor Law and the Global Effort to Prevent Forced Labor in Corporate Supply Chains

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On April 23, 2024, the European Parliament adopted, by an overwhelming 555-6 majority, a landmark law that will establish a sweeping and forceful regulatory regime to prohibit any products made using forced labor from being...more

A&O Shearman

New licensing requirements for cross-border lending into Europe

A&O Shearman on

New EU legislative requirements will reshape how non-EU (including European Economic Area) banks service EU clients on a cross-border basis. In this note we summarise the new regime, its implications for firms providing...more

American Conference Institute (ACI)

U.S. Implications of the EU AI Act

American Conference Institute (ACI) on

The European Union (EU) is leading the global charge with AI regulations. U.S. companies are not beyond their regulatory reach, however, and should be preparing their AI risk mitigation efforts accordingly....more

White & Case LLP

AI Watch: Global regulatory tracker - OECD

White & Case LLP on

The OECD's AI recommendations encourage Member States to uphold principles of trustworthy AI. Laws/Regulations directly regulating AI (the “AI Regulations”) The OECD's Recommendation of the Council on Artificial...more

Foley Hoag LLP

Understanding the New E.U. Forced Labor Law: the Next Phase in Corporate Supply Chain Due Diligence

Foley Hoag LLP on

On April 23, 2024, the European Parliament adopted, by an overwhelming 555-6 majority, a landmark law that will establish a sweeping and forceful regulatory regime to prohibit any products made using forced labor from being...more

Parker Poe Adams & Bernstein LLP

What Is at Stake in the Regulation of Artificial Intelligence?

Parker Poe Adams & Bernstein LLP on

Artificial intelligence (AI) has exploded onto the scene — both the technology and the scramble for laws and regulations to control it. We are often asked what's happening on the AI regulatory front. Here is what we know so...more

Skadden, Arps, Slate, Meagher & Flom LLP

2024 Insights: Other Regulatory Developments

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AI in 2024: Monitoring New Regulation and Staying in Compliance With Existing Laws Companies that develop or employ AI tools have to consider proposed AI-specific regulation as well as an array of existing IP, privacy,...more

Faegre Drinker Biddle & Reath LLP

UK AI Regulation Bill Proposes New AI Regulator

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While the focus of attention in the world of AI has been the EU AI Act: EU AI Act Agreed – Discerning Data in recent weeks, there have also been some other noteworthy legislative developments. On 22 November 2023, the...more

Schwabe, Williamson & Wyatt PC

New AI Laws Are Set in Motion at Year’s End

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The year 2023 will be regarded as a pivotal year for advances in AI. As the year comes to an end, lawmakers are hurrying to establish rules for the evolving technology, and hoping to stimulate AI’s promise of innovation, and...more

NAVEX

Navigating the New Era: European Union Reaches Milestone Deal on AI Regulation

NAVEX on

In a historic move, European legislators made significant progress in defining the trajectory of artificial intelligence (AI) by striking a political agreement on extensive and ethical regulations for AI use. As outlined in...more

Faegre Drinker Biddle & Reath LLP

EU AI Act Agreed

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Late on Friday (December 8th), the European Union Commission, Parliament and Council concluded its “trilogue” negotiations for the EU Artificial Intelligence Act. The summary below is based on the information available to...more

McDermott Will & Emery

New From January 2024 | Participation Exemption for European Corporations on Disposal of Shareholdings

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The Italian government recently approved a draft 2024 budget law which provides for the extension of the domestic participation exemption regime on disposal of shareholdings (PEX) to those non-resident corporations that: (i)...more

White & Case LLP

Eye on AI: AI Governance and Regulation

White & Case LLP on

Even as the "godfathers" of generative AI (Geoffrey Hinton, Yoshua Bengio and Yann LeCun) disagree about the potential threat to humanity, policymakers, researchers and leading tech executives are calling for government...more

McDermott Will & Emery

The EU Artificial Intelligence Act: What's the Impact?

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The EU Artificial Intelligence Act (or “AI Act”) is the world’s first legislation to regulate the use of AI. It leaves room for “technical soft law”; but, inevitably (being the first and being broad in scope), it will set...more

A&O Shearman

New York proposes sovereign debt restructuring legislation

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Legislators in the State of New York (NY), whose law governs many sovereign debt contracts, introduced three general categories of bills related to sovereign debt restructurings. The first is intended to provide support under...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Edinburgh Reforms: Big Bang 2.0 or Thoughtful Change?

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Following the recently introduced Solvency UK for insurers, the UK Chancellor of the Exchequer Jeremy Hunt (the UK finance minister) has announced the Edinburgh Reforms, a further series of reforms aimed at the UK financial...more

Littler

Littler Global Guide - Netherlands - Q4 2021

Littler on

Paid Parental Leave as of August 2, 2022 - New Legislation Enacted - On October 12, 2021, the Dutch Senate approved the Act on Paid Parental Leave, which is introduced as implementation of EU Directive 2019/1158. Currently,...more

Akin Gump Strauss Hauer & Feld LLP

10 Things You Need to Know About the EU White Paper on Artificial Intelligence

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On February 19, 2020, the European Commission (Commission) published proposals for the regulation of Artificial Intelligence (AI) with potentially far-reaching implications both for users and developers worldwide. The...more

Shook, Hardy & Bacon L.L.P.

Privacy and Data Security Alert | November 2019

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EU Court Allows Class Action to Proceed, Sets Precedent for Future Data Breach Class Actions - A class action brought against Google will be allowed to move forward after the plaintiff’s appeal was permitted, allowing him to...more

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