On May 21 2025, the European Commission adopted a Single Market Simplification proposal, containing a new package of measures for the simplification of the EU single market with the aim of reducing bureaucracy and regulatory...more
On December 12 2024 the ICO published an outcomes report on its 2024 generative AI consultation series (the Report).
The Report addresses five key areas regarding generative AI and its relation to data protection:
-...more
As further initiatives come in to play and legislation is on the horizon, existing regulators (such as the ICO, CMA, Ofcom and FCA) continue to press on with their approach to AI regulation, including through the Digital...more
11/22/2024
/ Artificial Intelligence ,
Banking Sector ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Information Commissioner's Office (ICO) ,
Innovative Technology ,
Legislative Agendas ,
Machine Learning ,
Regulatory Agenda ,
Regulatory Requirements ,
Technology Sector ,
Transparency ,
UK ,
UK Competition and Markets Authority (CMA) ,
UK GDPR
As the EU presses ahead with its implementation of the AI Act, the UK continues to develop its evolutionary approach to AI policy and regulation. As the new Labour Government starts to implement its perspective and ahead of a...more
11/22/2024
/ Artificial Intelligence ,
Corporate Governance ,
Cybersecurity ,
Data Protection ,
Digital Data ,
EU ,
Human Rights ,
International Treaties ,
Legislative Agendas ,
Personal Data ,
Popular ,
Privacy Laws ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Technology Sector ,
UK ,
UK GDPR
This is the final note in a three-part series on the regulation of artificial intelligence in the financial services sector in the United States, the European Union and the United Kingdom. Our first note, we provided a...more
10/21/2024
/ Artificial Intelligence ,
Consumer Protection Laws ,
Data Protection ,
Enforcement Actions ,
EU ,
Financial Services Industry ,
General Data Protection Regulation (GDPR) ,
Information Commissioner's Office (ICO) ,
Legislative Agendas ,
Liability ,
Privacy Laws ,
Regulatory Agenda ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
UK ,
United States
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
10/8/2024
/ Artificial Intelligence ,
Bank of England ,
Bergdorf Goodman ,
Data Collection ,
Data Processors ,
Data Selling ,
Documentation ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
Financial Services Industry ,
Information Governance ,
Machine Learning ,
MiFID II ,
Personal Data ,
Popular ,
Privacy Laws ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Regulatory Standards ,
Risk Management ,
Third-Party ,
Training ,
Transparency ,
UK
The European Data Protection Board (EDPB) adopted a report on the challenges faced by Data Protection Officers (DPOs) (the Report) on 16 January 2024. This Report follows a coordinated investigation involving 25 EEA...more
The European Data Protection Supervisor (EDPS) published, on its own initiative, an Opinion on the EU’s draft Artificial Intelligence (AI) Act (Opinion 44/2023) on 23 October 2023. The EDPS provides specific suggestions for...more
The UK-US data bridge is the UK Government’s preferred terminology to describe its decision to permit the flow of personal data from the UK to the US, achieved through the UK Extension to the EU-US Data Privacy Framework. The...more
On 10 July 2023, the European Commission adopted the adequacy decision for the EU-U.S. Data Privacy Framework (DPF). This decision enables the free flow of personal data from the EU and three EEA countries (Iceland,...more
On 26 April 2023, in case T-557/20 (Single Resolution Board v EDPS), the Court of Justice of the European Union in its General Court configuration (the Court) annulled the decision of the European Data Protection Supervisor...more
The EDPB published its 2022 activity report “Streamlining Enforcement Through Cooperation” (the Activity Report) on 17 April 2023, which provides an overview of the work it carried out in 2022. The report reflects on, amongst...more
On 12 October 2022, the European Data Protection Board (EDPB) announced the outcomes of its plenary meeting held on 10 October 2022....more
On 28 September 2022, the European Commission published two proposals aimed at modernising product liability rules in the digital age. The proposal is the first specifically designed to address compensation for damage caused...more
On 3 May 2022, the European Commission launched the European Health Data Space (EHDS).
The EHDS aims to make it possible for individuals to have access to their personal electronic health data in easily readable,...more
On 3 May 2022, the European Commission (the Commission) launched the latest in a long line of data related initiatives intended to support a genuine single market for digital and data within the EU. ...more
On 23 February 2022, Margrethe Vestager (European Commission’s Executive Vice President for a Europe fit for the Digital Age) unveiled proposals for the EU’s latest legislative development, the EU Data Act. Originally...more
On 23 February 2022, the European Commission unveiled proposals for the EU’s latest legislative development, the EU Data Act....more
On 2 February 2022, the Department for Digital, Culture, Media and Sport (DCMS) laid before Parliament the international data transfer agreement (IDTA), the international data transfer addendum to the European Commission’s...more
The UK has left the European Union (EU), the transition period is over, the UK and EU have agreed a new Trade and Cooperation Agreement (the TCA), so what now for data protection? We look at the key consequences of Brexit for...more
Following months of protracted negotiations and coming four and a half years after the UK voted to leave the EU, 24 December 2020 saw the EU and UK finally agree the shape of their future relationship. While the Trade and...more