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EU Directive Technology Sector

Goodwin

EU Updates its Product Liability Regime: Important Considerations for Providers of AI Systems and Software

Goodwin on

The European Union has significantly overhauled its product liability regime with a new directive concerning liability for defective products (Product Liability Directive). EU member states have until December 9, 2026, to...more

A&O Shearman

Regulatory monitoring - December 2024

A&O Shearman on

1. Bank regulation - 1.1 PRUDENTIAL REGULATION - a) General - (i) International - FSB: Plenary December 2024 - Status: Final - The FSB has set out the outcomes of its Plenary that met on 3 and 4 December. Points of...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

It’s Official: The EU Platform Work Directive Is Here

The European Union’s (EU) Platform Work Directive went into effect on December 1, 2024, imposing significant new requirements on companies that facilitate work in the gig economy....more

Latham & Watkins LLP

New EU Product Liability Directive Comes Into Force

Latham & Watkins LLP on

The Directive expands the scope of liability to digital products (including AI systems), fulfilment service providers, and online platforms, while reducing the burden of proof for claimants. On 9 December 2024, the new...more

Womble Bond Dickinson

New Cyber Security Rules for US Technology Companies Operating in the EU

Womble Bond Dickinson on

The EU is in the course of passing a range of new cyber security legislation which will apply to US businesses who provide services in the EU. One part of that legislative programme is the new Network and Information Security...more

McDermott Will & Emery

Key Features of the New EU Product Liability Directive: Increased Potential for Litigation in the Technology, Pharmaceutical and...

McDermott Will & Emery on

On October 10, 2024, the Council of the European Union adopted the new EU Directive on Liability for Defective Products (New PLD), repealing Directive 85/374/EEC (PLD), adopted in 1985....more

Littler

Divergent Paths on Regulating Artificial Intelligence

Littler on

On March 21, 2024, the United Nations (UN) adopted a landmark resolution on the promotion of “safe, secure and trustworthy” artificial intelligence (AI) systems. The UN’s resolution contains a “comprehensive vision” for how...more

Faegre Drinker Biddle & Reath LLP

EU’s Proposed Product Liability Directive – More Trick than Treat?

Americans love a good scare on Halloween. But, of course – with ancient castles, centuries of folklore, and actual Transylvania, our friends in the European Union know how to celebrate the spooky season just as well as we...more

Cooley LLP

New EU liability rules proposed for artificial intelligence

Cooley LLP on

Alongside the proposed revision of the PLD (blogged here) the Commission recently published its proposal for a new “Directive on adapting non-contractual civil liability rules to artificial intelligence (AI Liability...more

Ballard Spahr LLP

The Fifth Anti-Money Laundering Directive: Extending the Scope of the European Union’s Regulatory Authority to Virtual Currency...

Ballard Spahr LLP on

On April 19, 2018, the European Parliament (“EP”) adopted the European Commission’s (the “Commission”) proposal for a Fifth Anti-Money Laundering Directive (“AMLD5”) to prevent terrorist financing and money laundering through...more

Hogan Lovells

Regulate Frankenstein: the European Parliament calls for new rules for robots

Hogan Lovells on

When a parliamentary report cites Mary Shelley’s Frankenstein in its recitals and proposes new regulation for robots with artificial intelligence (“AI”), one cannot be sure whether the 19th or the 21st century has inspired...more

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