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
2/18/2025
/ Artificial Intelligence ,
Compliance Dates ,
Consumer Protection Laws ,
Cybersecurity ,
EU ,
EU Directive ,
Liability ,
Manufacturers ,
Member State ,
Product Defects ,
Risk Management ,
Software ,
Technology Sector
With the arrival of the Regulation on Digital Operational Resilience (DORA) and the Network and Information Security 2 (NIS2) Directive, the security of information systems and the protection of critical infrastructures have...more
12/2/2024
/ Compliance ,
Critical Infrastructure Sectors ,
Cyber Threats ,
Cybersecurity ,
EU ,
EU Directive ,
France ,
Luxembourg ,
Member State ,
New Regulations ,
Risk Management ,
Risk Mitigation
The European Commission’s adoption on 23 October 2024 of the two regulations (Regulations) supplementing the [the Regulation on digital operational resilience for the financial sector Publications Office (europa.eu)] (DORA)...more
10/28/2024
/ Compliance ,
Compliance Dates ,
Digital Services ,
EU ,
European Commission ,
European Supervisory Authorities (ESAs) ,
Financial Institutions ,
Financial Services Industry ,
Incident Response Plans ,
Member State ,
Regulation Technical Standards (RTS) ,
Risk Management ,
Third-Party Service Provider
In the past four months, the French judicial court has provided significant clarifications regarding the liability of digital asset service providers (DASPs) in managing their clients’ crypto-assets through three key rulings....more
10/11/2024
/ Corporate Liability ,
Cryptoassets ,
Digital Assets ,
Digital Service Providers ,
EU ,
France ,
Fraud ,
Liability ,
Limited Liability ,
Member State ,
Popular ,
Regulatory Requirements ,
Third-Party Risk
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
8/12/2024
/ Amended Regulation ,
Artificial Intelligence ,
Broker-Dealer ,
Brokers ,
Compliance Dates ,
Effective Date ,
EIOPA ,
EU ,
EU Directive ,
European Banking Authority (EBA) ,
European Commission ,
European Supervisory Authorities (ESAs) ,
Extraterritoriality Rules ,
Financial Services Industry ,
Insurance Brokers ,
International Harmonization ,
Investment Adviser ,
Lenders ,
Member State ,
Nonbank Firms ,
Retail Investors ,
Third-Party Service Provider
The EU Artificial Intelligence (AI) Act is set to become the world’s first comprehensive regulation on AI. After extensive negotiations, the European Parliament, Commission, and Council reached a political agreement on the AI...more
7/19/2024
/ Artificial Intelligence ,
Compliance ,
Educational Institutions ,
Effective Date ,
EU ,
European Commission ,
European Council ,
European Parliament ,
Immigration Procedures ,
Infrastructure ,
Member State ,
New Legislation ,
Public Servants ,
Risk Mitigation