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As of January 17, 2025, financial entities and their critical information and communication technology (ICT) service providers need to comply with the new cybersecurity requirements in the Digital Operational Resilience Act (DORA). DORA introduces significant operational and ICT security requirements for a wide range of financial market participants, including banks, insurers, trading platforms, as well as for their ICT service providers.Continue Reading New EU Cyber Resilience Requirements for Financial Sector Enter into Force

On December 18, 2024, the European Data Protection Board (EDPB) published its much-anticipated Opinion on the processing of personal data in the context of AI models in light of the EU General Data Protection Regulation (GDPR).Continue Reading EU Privacy Regulators Confirm That Legitimate Interest Is a Valid Legal Basis for AI Model Training and Deployment

In recent months, politicians and regulators across a number of jurisdictions have called on operators of online platforms to take seriously their legal obligations to promote a safe online environment. The safety of children online has continued to dominate this conversation, with a recent joint UK-U.S. statement (Statement) declaring that online platforms should “go further and faster in their efforts to protect children.”

This alert sets out the regulatory focus areas of the European Commission (EC), the Irish Coimisiún na Meán (CNAM), and the UK’s online safety regulator Ofcom.Continue Reading Regulators in Europe Signal Increased Scrutiny of Online Platforms

The Artificial Intelligence Act (AI Act) is the first comprehensive legislation that intends to regulate AI horizontally across all sectors in Europe. It will have far reaching consequences on all companies developing, implementing, or using AI solutions in the EU and beyond. These FAQs provide key information you should know before the AI Act is adopted, and some tips on what you can already be doing to prepare. To learn more, click here to read Wilson Sonsini’s updated FAQs.”Continue Reading Updated: 10 Things You Should Know About the EU Artificial Intelligence Act

On September 6, 2023, the European Commission (EC) returned from its summer break with full force and announced the designation of six tech companies as so-called “gatekeepers” under the EU’s Digital Markets Act (DMA) and…

Continue Reading Into the Final Stretch: Six Gatekeepers Confirmed Under the EU’s Digital Markets Acts

In Europe, recent advances in artificial intelligence (AI) have given rise to intense debate over how this technology should be regulated. Companies that have developed AI tools, or who are considering implementing AI, should assess the implications of recent legislative developments and regulatory action. This alert discusses the most recent legislative and regulatory developments in Europe and identifies key steps companies should take in light of these developments.Continue Reading Europe Prepares for a New Era in AI Regulation