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Member State Extraterritoriality Rules European Union

Goodwin

EU AI Act: Key Points for Financial Services Businesses

Goodwin on

The European Union (EU) Artificial Intelligence Act (AI Act), Regulation (EU) 2024/1689 of the European Parliament and of the Council of 13 June 2024 laying down harmonised rules on artificial intelligence and amending...more

Sheppard Mullin Richter & Hampton LLP

E(U)xterritoriality of EU Sanctions: The No Russia Clause

The EU is going extraterritorial, and it is doing so through private contract. It is a pretty neat trick. As a general rule, EU regulations do not apply extraterritorially. This policy is a bit pointed, intended to stand...more

WilmerHale

The European Parliament Adopts the AI Act

WilmerHale on

On March 13, 2024, the European Parliament adopted the Artificial Intelligence Act (AI Act). It is considered to be the world’s first comprehensive horizontal legal framework for AI. It provides for EU-wide rules on data...more

Latham & Watkins LLP

5 Things To Know About The European Data Act

Latham & Watkins LLP on

The European Parliament and the Council of the European Union adopted the European Data Act on June 28 after lengthy negotiations. The Data Act creates a legal framework for a single European data market, and its key...more

WilmerHale

The Assertion of Extraterritorial Patent Jurisdiction in Europe

WilmerHale on

US patents have some extraterritorial effect. A party can be liable for patent infringement if it supplies components of a patented invention to a foreign country to be assembled there. In WesternGeco LLC v. ION Geophysical...more

Hogan Lovells

Dark Side of the Moon: Extraterritorial Applicability of the UK Data Protection Act 2018 After Brexit

Hogan Lovells on

Subject to the deadlock in parliament being broken, or an extension of the Article 50 Brexit process, the UK’s 46-year European Union membership will cease in a matter of days. ...more

BCLP

EU Online Platform Regulation

BCLP on

EU Online Platform Regulation – deal reached - To date, much of the scrutiny on online platforms has focused on how they treat consumers. However, now for the first time specific EU legislation is set to regulate how...more

Pillsbury - Policyholder Pulse blog

Massive GDPR Fine Is a Wake-Up Call to Get Compliance and Cyber Insurance Squared Away

Have $57 million (or more) to spare? You’re going to need it if you run afoul of the EU’s General Data Protection Regulation (GDPR) without cyber insurance. In late January 2019, the French data protection authority, CNIL,...more

Jackson Walker

New Guidance on Territorial Scope of the GDPR

Jackson Walker on

The European Data Protection Board (EDPB), the successor to the Article 29 working party, recently provided long-awaited guidance on the territorial scope set forth in Article 3 of the General Data Protection Regulation...more

BCLP

Traders must be geo-blocking compliant by 3 December 2018

BCLP on

From 3 December 2018, businesses who sell either B2B or B2C within the EU will have to comply with the EU Geo-Blocking Regulation. The Regulation will have both economic and procedural implications for any trader which sells...more

Womble Bond Dickinson

Your Cyber Insurance Policy May Not Cover GDPR Fines and Liabilities

Womble Bond Dickinson on

You may be paying for cyber insurance that will not cover the most significant cyber risks faced by your business. Recent studies call into question whether a company can insure against the unprecedented huge fines for...more

Dechert LLP

EU Seeks to Contain the Impacts of U.S. Reimposition of Extra-Territorial Sanctions on Iran

Dechert LLP on

The U.S. yesterday commenced the phased re-introduction of its pre-JCPOA extra-territorial sanctions in relation to Iran – with some measures applying immediately, and others from 5 November. The EU has condemned U.S....more

Foley Hoag LLP - Security, Privacy and the...

Which U.S. Businesses Must Comply with EU Data Protection Laws?

What the recent Amazon decision tells us - On 28 July 2016, the European Court of Justice rendered a decision in a dispute between an Austrian Consumer Protection organization known as VKI (Verein für...more

Morgan Lewis

UK Market Abuse Regime Extends Its Reach: Implications for Market Participants

Morgan Lewis on

The new regime shares the same aims as its predecessor—to ensure the integrity of EU financial markets and enhance investor confidence—and keeps pace with market developments such as new trading platforms, new technology, and...more

Latham & Watkins LLP

BREXIT – What does this mean for UK Data Protection law?

Latham & Watkins LLP on

As the whole world now knows, the UK voted to leave the European Union (EU) in its historic referendum on 23rd June by a vote of 51.9 percent in favour of “leave” to 48.1 in favour of “remain”. This blog focusses on how that...more

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