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Regulatory Agenda European Union Risk Management

A&O Shearman

EU and UK Data Protection Regulatory Trends so far in 2024: a focus on employee surveillance and biometric in the workplace

A&O Shearman on

This series of blogs rounds up some of the key data protection regulatory trends we have seen during 2024, focused on the EU and UK. 2024 has seen behavioural advertising and cookies continue to dominate the agenda of data...more

A&O Shearman

EU and UK Data Protection Regulatory Trends so far in 2024: a focus on AI

A&O Shearman on

This series of blogs rounds up some of the key data protection regulatory trends we have seen during 2024, focused on the EU and UK. 2024 has seen behavioural advertising and cookies continue to dominate the agenda of data...more

Skadden, Arps, Slate, Meagher & Flom LLP

Timeline Set for UK Cybersecurity and Resilience Reforms

On 30 September 2024, the UK Department of Science, Innovation and Technology announced that the Cyber Security and Resilience Bill (Bill) will be introduced to Parliament in 2025. The Bill was first announced in the King’s...more

A&O Shearman

Zooming In on AI - #6: AI under financial regulations in the U.S., EU and U.K.

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Many governments are grappling with the question of how to regulate artificial intelligence to ensure it is adopted safely and used responsibly without hampering innovation. Governments have generally indicated similar...more

DLA Piper

The UK Cybersecurity and Resilience Bill – A Different Approach to NIS2 or a British Sister Act?

DLA Piper on

Introduction It wouldn't be much of an exaggeration to say that NIS2 is the acronym on everyone's lips. When coupled with its European sister legislation DORA, we encounter a regulatory twosome that make GDPR feel like...more

A&O Shearman

Regulatory monitoring - September 2024

A&O Shearman on

1. Bank regulation - 1.1 PRUDENTIAL REGULATION - a) General - (i) EU - EC: Report on the future of European competitiveness Status: Final - The EC has published a report on the future of European competitiveness,...more

A&O Shearman

Data Governance: Strategic Convergence, Opportunities and Risks

A&O Shearman on

AI is accelerating digital transformation for companies and data governance is a key pillar in this change, enabling data strategies that unlock the potential of AI, and mitigate the risks associated with its use. Data...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Informed Board - Summer 2024

Across industries, companies are facing new and uncertain regulatory pressures and demands in areas including artificial intelligence, sustainability, algorithmic pricing and fintech-bank relations. In this issue of The...more

A&O Shearman

Regulatory monitoring - August 2024

A&O Shearman on

1. Bank regulation - 1.1 PRUDENTIAL REGULATION - a) General - (i) EU - EBA: Opinion on measures in accordance with Article 458 CRR following a notification by the De Nederlandsche Bank - Status: Final - The EBA has...more

Skadden, Arps, Slate, Meagher & Flom LLP

AI Safety: The Role of the Board in Assessing and Managing AI Risk

As AI systems become more complex, companies are increasingly exposed to reputational, financial and legal risk from developing and deploying AI systems that do not function as intended or that yield problematic outcomes. The...more

A&O Shearman

Zooming in on AI: When will the AI Act apply?

A&O Shearman on

EU Regulation 2024/1689, also known as the Artificial Intelligence Act (AI Act), enters into force as of 1 August 2024. But when will it become applicable? The AI Act sets out a harmonized legal framework for the...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

Haug Partners LLP

Deploying AI: Compliance Considerations for a Revolutionary Tool

Haug Partners LLP on

Whether you run a business or work in marketing or operations, you may have witnessed a new trend: rather than allocate resources towards onboarding a new employee, many businesses are choosing to “hire” something that won’t...more

American Conference Institute (ACI)

The Road to Net Zero: Core Principles to Prevent Greenwashing

“Net zero” is a topic as hot as the climate these days. With so much regulatory attention being placed on it, companies that do not communicate their net zero efforts appropriately or, worse, intentionally make false and...more

Littler

EU AI Act Will Formally Become Law and Provisions Will Start to Apply on a Staged Basis

Littler on

As previously discussed, in March the European Parliament approved the EU Artificial Intelligence Act (the “Act”), creating the world’s first comprehensive set of rules for artificial intelligence. On July 12, 2024, the Act...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

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

White & Case LLP

AI Watch: Global regulatory tracker - Singapore

White & Case LLP on

Singapore's AI frameworks guide AI ethical and governance principles, with existing sector-specific regulations addressing AI risks. Laws/Regulations directly regulating AI (the “AI Regulations”) Currently, there are...more

White & Case LLP

AI Watch: Global regulatory tracker - Spain

White & Case LLP on

Spain creates Europe's first AI supervisory agency and actively participates in EU AI Act negotiations. Laws/Regulations directly regulating AI (the “AI Regulations”) Currently, there are no specific laws, statutory...more

White & Case LLP

AI Watch: Global regulatory tracker - Germany

White & Case LLP on

Germany evaluates AI-specific legislation needs and actively engages in international initiatives. Laws/Regulations directly regulating AI (the “AI Regulations”) Currently, with the exception of minor references to AI...more

White & Case LLP

AI Watch: Global regulatory tracker - France

White & Case LLP on

France actively participates in international efforts and the EU AI Act negotiations, and proposes sector-specific laws. Laws/Regulations directly regulating AI (the “AI Regulations”) Currently, there are no specific...more

White & Case LLP

2024 Financial Institutions Outlook & Trends

White & Case LLP on

This article, updated quarterly, looks ahead to the areas expected to be prioritized by financial services regulators across the globe; we look at the key regulatory trends emerging from the past year which inform our...more

Society of Corporate Compliance and Ethics...

The EU AI Act: A comprehensive guide for organizations

The EU recently introduced the AI Act, landmark legislation aimed at regulating artificial intelligence (AI) technologies. This article provides an in-depth overview of the EU AI Act, its implications for organizations, and...more

A&O Shearman

Global business in a changing Europe - 2024

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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

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