Banking & fintech

We have previously written about the adoption and core aspects of the Markets in Crypto-Assets Regulation (MiCAR). This framework has now taken the next step in becoming applicable across the EU. 

European Health Data Spaces

Discover the latest breakthroughs in European health data legislation, shaping the future of electronic health information access and utilization within the EU, with insights on mandatory labelling for wellness apps, the right to opt-out from secondary data use, clearer definitions of data holders, enforcement fines, and implementation timelines.

The European Cyber Resilience Act in the shadow of the AI Act

The European Cyber Resilience Act (CRA), enacted alongside the AI Act, aims to establish cybersecurity standards for products with digital elements (PDEs) across various sectors, requiring conformity assessments and vulnerability management procedures, with provisions set to take effect in 2024, prompting organizations to undertake preparatory measures for compliance.

The future of voluntary CSAM detection in the EU – a primer
Information technology

As we speak, debates are raging in the European Union on a new legal framework for the detection and prevention of child sexual abuse materials (CSAM). These debates are particularly intense with respect to certain online communication services.

Banking & fintech

EU Court of Justice clarifies the fine line between payment services and e-money, safeguarding PSPs from abrupt license revocations and providing a beacon of legal certainty for the future of financial transactions in Europe.

Synthetic data
Artificial Intelligence (AI)

The blog explores synthetic data, artificial data mimicking real characteristics, and its applications in AI, cybersecurity, meteorology, and health research. It discusses legal challenges, especially GDPR implications, and ongoing EU regulatory developments. The authors provide practical guidance for organizations using synthetic data, emphasizing legal bases, transparency, and balancing utility with anonymity in a changing regulatory landscape.

New AML rules
Banking & fintech

The EU has provisionally agreed on the new AML package, moving core rules to regulation to harmonize AML regulations across Member States; notable changes involve including all crypto-asset service providers (CASPs) under EU AML law, guided by MiCAR rules, and the European Banking Authority extending its 2021 Guidelines to cover CASPs, addressing sector-specific risks and AML risk factors in the crypto industry.

Faillissement van SaaS aanbieders

The various forms of cloud computing, and SaaS in particular, have broken through in the past decade as reliable services for delivering mission-critical software. But what happens when a provider goes out of business?

AI liability
Artificial Intelligence (AI)

The blog discusses the implications of the European Union's new Product Liability Directive, which broadens the scope of liability to include all AI systems and introduces changes to accommodate the evolving nature of AI, such as continuous learning capabilities. It highlights the shift in the burden of proof to AI operators and connects the Product Liability Directive with the previously proposed AI Liability Directive and the upcoming AI Act, emphasizing the comprehensive regulatory framework for AI in the EU.

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