The European Commission published its final code of practice (the Code) for general-purpose artificial intelligence (GPAI) models on 10 July 2025, delivering on its promise to provide practical guidance for AI governance....more
8/6/2025
/ AI Act ,
Artificial Intelligence ,
Copyright ,
Data Management ,
Deregulation ,
EU ,
European Commission ,
Governance Standards ,
Machine Learning ,
Market Participants ,
Regulatory Requirements ,
Risk Management ,
Transparency
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
Yesterday, March 13, 2024, the European Parliament approved the EU Artificial Intelligence Act (“AI Act”), a sweeping AI governance framework which presents the first comprehensive law in the world aimed at ensuring AI...more
3/15/2024
/ Artificial Intelligence ,
Compliance ,
Compliance Dates ,
Digital Services ,
EU ,
European Commission ,
European Parliament ,
Exceptions ,
General Data Protection Regulation (GDPR) ,
Machine Learning ,
Member State ,
Multinationals ,
Penalties ,
Regulatory Authority ,
Risk-Based Approaches ,
Technology
On 11 May 2023, the European Union’s landmark AI Act took a giant leap forward as the EU Parliament's Internal Market Committee and the Civil Liberties Committee (EU Parliament) approved their compromise text. The draft AI...more
On 25 March 2022, President Biden and the President of the European Commission (“EC”) von der Leyen announced that the U.S. and EU reached an agreement in principle on a new Trans-Atlantic Data Privacy framework for...more
3/30/2022
/ Court of Justice of the European Union (CJEU) ,
Data Protection ,
EU ,
EU-US Privacy Shield ,
European Commission ,
European Court of Justice (ECJ) ,
European Data Protection Board (EDPB) ,
International Data Transfers ,
Personal Data ,
Schrems I & Schrems II ,
Standard Contractual Clauses
On 21 April 2021, the European Commission unveiled a proposal for an EU Artificial Intelligence Regulation (“Proposal”). The Proposal recognizes that AI offers significant benefits and opportunities for the EU market, but...more
4/27/2021
/ Artificial Intelligence ,
Cyber Incident Reporting ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Data Security ,
Distributors ,
EU ,
European Commission ,
Fines ,
Importers ,
Member State ,
Proposed Regulation ,
Recordkeeping Requirements ,
Registration Requirement ,
Regulatory Oversight ,
Transparency
Earlier this year, the European Data Protection Board (“EDPB”) issued additional guidance on the application of the General Data Protection Regulation (“GDPR”) in the area of scientific health research.
In key takeaways...more
3/5/2021
/ Consent ,
Data Protection ,
Data Protection Impact Assessments (DPIAs) ,
EU ,
European Commission ,
European Data Protection Board (EDPB) ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Member State ,
Personal Data ,
Scientific Research
On 15 January, 2021, the European Data Protection Board (“EDPB”) and the European Data Protection Supervisor (“EDPS”) adopted a joint opinion (“Joint Opinion”) on the draft new sets of Standard Contractual Clauses (“New...more
1/28/2021
/ Data Protection ,
EDPS ,
EU ,
EU Data Protection Laws ,
European Commission ,
European Data Protection Board (EDPB) ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Personal Data ,
Schrems I & Schrems II ,
Standard Contractual Clauses
The Advocate General has issued an Opinion which states that the European Commission’s decision, enforcing the Standard Contractual Clauses (SCCs), is valid....more