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UK US Data Bridge Practical Tips for Implementation and Compliance

Latham & Watkins and Privacy Laws & Business recently co-hosted a webinar looking back on the first eight months since the UK-US Data Bridge entered into force. Speakers from the UK Information Commissioner’s Office (ICO) and...more

UK Online Safety Act 2023

The Online Safety Act (the OSA) received Royal Assent on 26 October 2023 and is now in force. The OSA establishes an extensive regulatory framework for providers of online user-to-user services and search services with...more

EU AI Act Obligations for Deployers of High-Risk AI Systems

Now that the EU AI Act has come into force, companies deploying high-risk artificial intelligence (AI) systems in the European Union (EU) must prepare to navigate a complex landscape of new obligations by 2 August 2027. This...more

EU AI Office Seeks Stakeholder Engagement in Drafting AI Act Implementing Rules

The EU AI Office has just published a consultation on the topics that should be covered by the first general-purpose AI (GPAI) Code of Practice and a call for interest to participate in drafting the Code....more

EU AI Act Published: A New Era for AI Regulation Begins

Today marks a significant milestone in the regulation of artificial intelligence (AI) as the European Union (EU) AI Act is published in the EU Official Journal. This landmark legislation establishes the world’s first...more

EU AI Act: Navigating a Brave New World

After three years of legislative debate, the Council of the European Union cast its final vote on the European Union (EU) Artificial Intelligence (AI) Act on 21 May 2024. Once published in the EU Official Journal in June, the...more

India’s Digital Personal Data Protection Act 2023 vs. the GDPR: A Comparison

Companies subject to India’s new data protection law should assess practical implications. The Indian parliament enacted India’s first comprehensive data protection law on 11 August 2023, namely the Digital Personal Data...more

UK Regulators Publish New CTP Regulatory Framework Proposal

Critical Third Parties serving the UK financial sector must ready themselves for compliance with the newly proposed operational resilience requirements. On 7 December 2023, the PRA, FCA, and BoE jointly published a...more

AI in UK Financial Services - What’s on the Horizon?

As regulatory thinking evolves, firms must ensure that any current or planned use of AI complies with regulatory expectations. As financial services firms digest FS2/23, the joint Feedback Statement on Artificial...more

FCA Board Focuses on AI

A new publication from the UK’s financial regulator signals to firms that they should take steps to manage risks in the use of AI. The UK’s Financial Conduct Authority (FCA) has published its latest board minutes...more

PE Firms Eye AI

Artificial Intelligence has the potential to be the next transformational technology, and as adoption of AI-powered tools continues to increase, deal activity in the AI space will follow. Regulators and law makers are...more

FCA Consults on Revamped Guidance for Financial Promotions on Social Media

Regulator clarifies that existing FCA rules will continue to apply but will also reflect the evolving landscape of financial promotions on social media. On 17 July 2023, the FCA published a guidance consultation (GC23/2)...more

UK Data Protection and Digital Information (No. 2) Bill: What Is Changing?

The updated reform legislation provides welcome guidance and clarifications on aspects such as legitimate interests and accountability, without substantially shifting the approach proposed under the existing reform bill. ...more

Privacy Enhancing Technologies - A Panacea for Data Protection Compliance?

The Information Commissioner’s Office published draft guidance on privacy enhancing technologies that can be used to comply with privacy-by-design requirements. On 7 September 2022, the Information Commissioner’s Office...more

UK Data Protection Bill: Examination of Key Provisions (Part 2)

Areas of interest include anonymisation, “recognised legitimate interests”, and the ICO’s role. The UK Data Protection and Digital Information Bill (the Bill) sets out the government’s proposals for reforming the current...more

UK Data Protection Bill: Overview of Proposed Changes (Part 1)

The bill would largely build on the UK data protection regime’s EU GDPR-style framework, albeit with UK-specific provisions. The UK government introduced the Data Protection and Digital Information Bill (the Bill) to...more

UK Data Protection Reform: Examining the Road Ahead

UK government sets out ambitious proposal for reforming the UK data protection landscape. On 17 June 2022, the Department for Culture, Media and Sport (DCMS) published its response to its consultation “Data: a new...more

New Standard Contractual Clauses and Final EDPB Recommendations - Next Steps

Companies have three months to prepare to use the latest standard contractual clauses for new data transfers, and 18 months to migrate existing arrangements. On 4 June 2021, the European Commission released its...more

Data Protection Brexit Checklist: Businesses Can Rely on Personal Data Transfer Grace Period

As the Brexit transition period draws to a close, businesses will need to consider their data protection efforts to comply with both UK and EU regimes. The end of the Brexit transition period on 31 December 2020 will have...more

The Commission’s Draft Updated Standard Contractual Clauses - A Close Look

The European Commission has published draft updated standard contractual clauses in light of the Schrems II decision. On 12 November 2020, the European Commission (the Commission) published a draft implementing decision,...more

The EDPB’s Draft Data Transfer Guidance Follows Schrems II – A Close Look

The EDPB takes a strict approach in its recent guidance on international data transfers following Schrems II, posing a difficult challenge for businesses. On 10 November, the European Data Protection Board (EDPB) released...more

Privacy and Payments: New Draft EU Advice for Financial Institutions

As contactless transactions boom, EU regulators publish draft guidelines on the interplay between the GDPR and PSD2. Last year, more than half of all payments in the UK were made by card and contactless methods, while cash...more

Swiss Regulator Determines Swiss-US Privacy Shield Is Inadequate

Swiss companies are advised to take additional measures when transferring personal data from Switzerland to the US. On 8 September 2020, the Swiss data protection authority, Adrian Lobsiger (the Federal Data Protection and...more

New Data Protection Law in the DIFC: Who does it apply to and how does it compare with the GDPR?

The Dubai International Financial Centre (DIFC) has a new data protection law and regulations: the Data Protection Law DIFC Law No. 5 of 2020 (DIFC DP Law) and the Data Protection Regulations (DIFC DP Regulations, and...more

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