News & Analysis as of September 21, 2024

Regulatory Standards

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

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

Latham & Watkins LLP on 7/12/2024

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 Ratifies Pioneering Artificial Intelligence Legislation

Akin Gump Strauss Hauer & Feld LLP on 6/3/2024

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

GRC Latest News – AI Benefits Your Compliance Program

NAVEX on 5/23/2024

Artificial intelligence (AI) is transformative technology that has captured industries worldwide and is here to stay. Defined as a system designed to operate with a certain level of autonomy, AI uses machine learning and...more

Analyzing the EU Artificial Intelligence Act: Spotlight on Biometrics

Baker Donelson on 5/17/2024

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

The EU and UK Introduce New IoT Security Standards

Pillsbury - Internet & Social Media Law Blog on 4/10/2024

The FCC’s recent introduction of a new Voluntary Cybersecurity Labelling Program for consumer Internet of Things (IoT) products reflects the continued desire by U.S. regulators to bolster the security of the ever-increasing...more

MiCA and Reverse Solicitation

Barnea Jaffa Lande & Co. on 4/3/2024

Non-EU or non-MiCA compliant entities that want to offer or provide crypto-asset services to clients in the EU must be aware of the newly drafted guidelines from the European Securities and Markets Authority (ESMA). The...more

European Union Digital Services Act: New Regulations Apply

Ogletree, Deakins, Nash, Smoak & Stewart,... on 2/27/2024

The European Union Digital Services Act (DSA) now applies to all digital “intermediary services” that provide users with access to online goods, services, and content. The DSA took effect on November 16, 2022, and regulates a...more

A Look Ahead in Life Sciences: What We Are Tracking in Q1 2024 and Beyond

Goodwin on 1/4/2024

As the life sciences, medtech, and diagnostic industries continue to expand and grow increasingly complex, so does the legal, regulatory, and compliance landscape. To help companies and investors navigate the many evolving...more

Gentle Reminder: DSA Obligations Will Apply to Online Intermediary Services Starting 17 February 2024

K&L Gates LLP on 1/3/2024

It has been some time already since the EU Digital Services Act (Regulation 2022/2065, DSA) was published, and since then, the discussions about Very Large Online Platforms (VLOPs) and Very Large Online Search Engines...more

To Boldly Go Places: EU's AI Act is Set to Become the Real Deal

Baker Donelson on 12/14/2023

On December 8, 2023, EU policymakers reached an agreement on the Artificial Intelligence Act (AI Act). As a standard-bearer for global digital and data governance, the EU has been setting regulatory benchmarks on emerging...more

EU Reaches Agreement on New “AI Act”: The World’s First Comprehensive AI Law

Pillsbury - Internet & Social Media Law Blog on 12/12/2023

The Council of the European Union and the European Parliament reached a provisional agreement on a new comprehensive regulation governing AI, known as the “AI Act,” late on Friday night (December 8, 2023). While the final...more

New standards require planning, policies, and procedures

Society of Corporate Compliance and Ethics... on 11/6/2023

On July 31, the European Commission adopted the first set of rules under the European Sustainability Reporting Standards (ESRS). The ESRS is an important follow-up to the adoption of the Corporate Sustainability Reporting...more

Primer on the EU AI Act: An Emerging Global Standard for Artificial Intelligence

Goodwin on 8/10/2023

The European Union Artificial Intelligence Act, or EU AI Act, is expected to pass this year. It will come into force about two years after it is approved, potentially at the end of 2025 or early 2026....more

10 Key Focus Areas for UK-Regulated Financial Services Firms in 2022

Latham & Watkins LLP on 1/6/2022

Environmental, social, and governance (ESG) considerations have come to the forefront of firms’ regulatory change agendas in recent years, and this focus looks set to continue in 2022. The past year has witnessed significant...more

Contradictory Responses by Privacy Regulators Post-COVID-19: Balancing the Economy With Cybersecurity in a Changed World (Privacy)

Lowenstein Sandler LLP on 6/1/2020

The COVID-19 pandemic has had a disparate effect on privacy regulators, with varying levels of enforcement advocated by different government entities; the California Attorney General, the U.S. Department of Health & Human...more