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
On July 23, 2025, the Trump Administration released its AI Action Plan (“the Plan”), a long-anticipated roadmap for the federal government’s approach to AI governance that presents a number of implications for businesses...more
8/1/2025
/ Artificial Intelligence ,
Cybersecurity ,
Federal Contractors ,
Infrastructure ,
New Legislation ,
Open Source Software ,
Popular ,
Procurement Guidelines ,
Regulatory Oversight ,
Risk Assessment ,
Risk Management ,
Supply Chain ,
Trump Administration
The Digital Services Act (DSA) and the Artificial Intelligence Act (AI Act) are key components of the EU’s constantly evolving, digital regulatory landscape. Once forming policy proposals, both regulations have now evolved...more
7/23/2025
/ AI Act ,
Algorithms ,
Artificial Intelligence ,
Data Privacy ,
Digital Platforms ,
Digital Services ,
EU ,
General Data Protection Regulation (GDPR) ,
Member State ,
Public Policy ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Management ,
Transparency
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
The act’s rules kick in on a rolling basis over the next few years, with the first set of prohibitions coming into effect in February 2025.
The European Union's Artificial Intelligence (AI) Act is the first comprehensive...more
The new EU Artificial Intelligence Act (“AI Act”) is a risk-based framework, ranging from outright prohibitions on certain types of systems to light regulation of others. The AI Act sets out to define AI systems, their levels...more
The EU Parliament’s committees for internal market and civil liberties overwhelmingly adopted the final text of the Artificial Intelligence Act (AI Act). The European Parliament will now vote on the AI Act in a formality that...more
In our previous alert, we noted the speech made by Nikhil Rathi, CEO of the UK Financial Conduct Authority (FCA), which built on the points made in a joint paper published by the Bank of England (BoE) and FCA on artificial...more
10/12/2023
/ Artificial Intelligence ,
Bank of England ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Information Reports ,
Joint Statements ,
Machine Learning ,
Prudential Regulation Authority (PRA) ,
Risk Assessment ,
Risk Management ,
UK
On March 10, 2023, the US Federal Deposit Insurance Corporation took control of the assets of Silicon Valley Bank (SVB). In light of SVB’s closure, many venture firms and emerging companies are establishing new accounts with...more