News & Analysis as of September 18, 2024

European Parliament

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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 -

Corporate Sustainability Due Diligence Directive: What Companies in Germany Need To Know

Skadden, Arps, Slate, Meagher & Flom LLP on 7/26/2024

The European Union’s Corporate Sustainability Due Diligence Directive (CSDDD or Directive) entered into force on July 25, 2024, establishing a framework for companies to address risks and adverse impacts on human rights and...more

U.S. Implications of the EU AI Act

American Conference Institute (ACI) on 6/24/2024

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

EU Council Approves Corporate Sustainability Due Diligence Directive

King & Spalding on 4/9/2024

On 15 March 2024, the European Council approved the Corporate Sustainability Due Diligence Directive (“CSDDD” or “Directive”). If approved by the European Parliament and entered into force, the CSDDD will require large EU and...more

European Parliament Adopts Artificial Intelligence Act

Ogletree, Deakins, Nash, Smoak & Stewart,... on 3/29/2024

On March 13, 2024, European Union policymakers finally passed the long anticipated Artificial Intelligence Act (AI Act), the world’s first comprehensive artificial intelligence (AI) legislation, providing employers with...more

Series 1 - The World’s First AI Regulation Is Here

Goodwin on 3/15/2024

Yesterday, March 13, 2024, the European Parliament approved the EU Artificial Intelligence Act (“AI Act”), a sweeping AI governance framework which presents the first comprehensive law in the world aimed at ensuring AI...more

Political Deal on the EU AI Act: A Milestone but the Journey Continues

Akin Gump Strauss Hauer & Feld LLP on 12/14/2023

A ground-breaking, first of its kind, sector agnostic, comprehensive law regulating Artificial Intelligence (AI) was agreed in the European Union on Friday, 8 December 2023, between the European Parliament, Commission and...more

European Union Agrees to Terms of Artificial Intelligence Act

McDonnell Boehnen Hulbert & Berghoff LLP on 12/11/2023

After two-and-a-half years of negotiation disrupted by the rise of generative models, the European Parliament and the European Council have reached a provisional understanding of how artificial intelligence (AI) should be...more

An Update on the EU Mandatory Human Rights and Environmental Due Diligence Law – What You Need To Know

Bracewell LLP on 2/25/2022

In March 2021, the European Parliament voted by an overwhelming majority for the adoption of a binding EU law that requires businesses to conduct environmental and human rights due diligence along their full value chain or...more

EU Mandatory Environmental and Human Rights Due Diligence Law – What You Need To Know

Bracewell LLP on 3/16/2021

On Wednesday, March 10th, the European Parliament voted by an overwhelming majority for the adoption of a binding EU law that requires companies to conduct environmental and human rights due diligence along their full value...more

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