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Foley Hoag LLP

Actualités en matière de lutte contre la corruption en France et en Europe

Foley Hoag LLP on

Deux études particulièrement intéressantes ont récemment été publiées par l’Agence Française Anticorruption (l’AFA) et la Commission européenne dans le domaine de la lutte contre la corruption. La première étude publié...more

A&O Shearman

Zooming in on AI #11: EU AI Act – What are the obligations for the limited-risk AI systems

A&O Shearman on

The EU Artificial Intelligence Act (“AI Act”) exemplifies a highly advanced risk-based approach to European regulation. One of its distinguishing features is the detailed classification of various risk levels associated with...more

Goodwin

EU Commission Regulations on Digital Operational Resilience: A Reminder That DORA is Less Than Three Months Away and Will Apply to...

Goodwin on

The European Commission’s adoption on 23 October 2024 of the two regulations (Regulations) supplementing the [the Regulation on digital operational resilience for the financial sector Publications Office (europa.eu)] (DORA)...more

Morrison & Foerster LLP

European Digital Compliance: Key Digital Regulation & Compliance Developments - October 2024

Morrison & Foerster LLP on

To help organizations stay on top of the main developments in European digital compliance, Morrison Foerster’s European Digital Regulatory Compliance team reports on some of the main topical digital regulatory and compliance...more

Mayer Brown

New EU Cyber Rules (NIS2) Take Effect; Implementing Rules Adopted

Mayer Brown on

On 17 October 2024, the European Commission adopted the first Implementing Regulation under the Network and Information Security 2 Directive (EU) 2022/2555 (NIS2), focusing on digital infrastructures and services. The...more

DLA Piper

EU: NIS2 Member State Implementation Deadline Has Arrived

DLA Piper on

The Network and Information Systems Directive II (“NIS2“), requires that Member States transpose measures into national law by today (17 October 2024). NIS2 is part of the EU’s Cybersecurity Strategy and repeals and replaces...more

A&O Shearman

European Banking Authority Responds to European Commission's Delegated Act Postponing Application of Market Risk Framework

A&O Shearman on

The European Banking Authority has published a no-action letter in response to the European Commission's postponement of the application of the revised market risk framework, also known as the Fundamental Review of the...more

Mayer Brown

New EU Cyber Rules: Implementation of NIS2 in the EU Member States

Mayer Brown on

The Network and Information Security 2 Directive (EU) 2022/2555 ("NIS2") entered into force on 16 January 2023. NIS2 sets cyber rules for organizations whose services are considered essential or important for maintaining...more

Skadden, Arps, Slate, Meagher & Flom LLP

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

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

A&O Shearman

AI Act published in EU Official Journal to enter into force on 1 August 2024

A&O Shearman on

On 12 July, 2024, the Regulation (EU) 2024/1689 laying down harmonised rules on artificial intelligence (the ‘EU AI Act’) was published in the official Journal of the European Union. The EU AI Act aims to establish a...more

McDermott Will & Emery

European Commission Seeks Feedback on NIS2 Draft Cybersecurity Measures

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

King & Spalding on

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

Mayer Brown

Outline CRR III / CRD VI - Final Basel III Standards

Mayer Brown on

I. IMPLEMENTING BASEL III THROUGH THE CRR III REGULATION - The Basel III standards comprise a package of reforms that were largely agreed by the Basel Committee on Banking Supervision ("BCBS") in December 2017 and set out...more

Akin Gump Strauss Hauer & Feld LLP

EU Ratifies Pioneering Artificial Intelligence Legislation

On May 21, 2024, the European Union finalized the adoption of the groundbreaking EU Artificial Intelligence Act, a comprehensive and sector-agnostic legislation that extends globally. This 420-page Act aims to regulate the...more

Walkers

ESMA call for evidence – review of the Eligible Assets Directive

Walkers on

On 7 May 2024, ESMA published its call for evidence ("CfE") on the review of the Commission Directive (2007/16/EC) on UCITS Eligible Assets ("EAD"). The CfE follows the formal request from the European Commission (the...more

Wilson Sonsini Goodrich & Rosati

EU AI Act Is Now Adopted

On May 21, 2024, the Council of the European Union (the Council) formally signed off on the latest draft of the European Union’s (EU) Artificial Intelligence Act (AI Act) (see the press release here). This marks the final...more

Baker Donelson

Analyzing the EU Artificial Intelligence Act: Spotlight on Biometrics

Baker Donelson on

The European Parliament formally adopted the EU Artificial Intelligence Act (AI Act), a first-of-its-kind comprehensive regulation governing the use of artificial intelligence (AI), on March 13, 2024. While applicable to a...more

Ankura

The EU’s AI Act: Obligations of AI Users and GDPR Article 35

Ankura on

In December 2023, European Union (EU) lawmakers reached an agreement on the EU AI Act. In our article titled An Introduction to the EU AI Act, we focused on applicability, thresholds, timing, and penalties related to the EU...more

WilmerHale

Prohibited AI Practices - A Deep Dive into Article 5 of the European Union’s AI Act

WilmerHale on

This blog post focuses on Artificial Intelligence (AI) practices prohibited under the EU AI Act. Article 5 of the AI Act essentially prohibits AI practices that materially distort peoples’ behavior or that raise serious...more

A&O Shearman

Global business in a changing Europe - 2024

A&O Shearman on

With Parliamentary elections and a series of national votes in 2024, the EU is entering a pivotal period in its history. In this study, ‘Global business in a changing Europe’, we speak to corporate leaders across the world to...more

Foster Garvey PC

European Union's AI Act: Landmark Legislation for Artificial Intelligence

Foster Garvey PC on

On March 13, 2024, the European Parliament approved the Artificial Intelligence (AI) Act. This law is the first-ever comprehensive legal framework on AI and will likely be a model around the world. The AI Act takes a...more

Bass, Berry & Sims PLC

EU Parliament Adopts Act Regulating the Use of Artificial Intelligence

Bass, Berry & Sims PLC on

On March 13, the European Parliament voted to adopt the Artificial Intelligence Act (Act), nearly three years after it was initially proposed. Once the European Council adopts the Act, and after final legislative formalities,...more

Baker Donelson

Who's Who under the EU AI Act: Spotlight on Key Actors

Baker Donelson on

Who will play the leading role if we make a new series about AI? If you interview Steven Spielberg, Sundar Pichai, and Sam Altman, you might receive three distinct ideas ranging from the 2001 classic "AI: Artificial...more

Dechert LLP

Exploring DORA’s ICT Risk Requirements: Key Issues for Asset Managers

Dechert LLP on

DORA became law in December 2022 but provides for a grace period until 17 January 2025 for organisations to put in place the necessary measures to comply. The new rules will require engagement from both an operational and...more

K&L Gates LLP

Brussels Regulatory Brief: February 2024

K&L Gates LLP on

Antitrust and Competition - The European Commission Carried Out Unannounced Inspections in the Tires Sector - On 30 January 2024, the Commission conducted dawn raids at the premises of several companies active in the tires...more

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