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  11/02/2025

  EU

  Should privacy professionals take on AI governance roles?

  As organizations adjust to the evolving landscape of digital regulations in Europe and beyond, the question of whether in-house privacy professionals, such as data protection officers, should also take on AI governance-related roles has become increasingly pertinent. This LawNow article provides insights into current practices, the pros and cons of privacy professionals taking on AI governance roles, and our perspective on the matter.Current market trendOrganizations are increasingly recognizing the importance of establishing robust governance structures to manage AI compliance. According to the...

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  05/02/2025

  Europe

  European Commission advisory body outlines proposal for revamped Taxonomy

  On 5 February 2025, the Platform on Sustainable Finance (the “Platform”) – an advisory body to the European Commission (“EC”) – published a report setting out its recommendations to simplifying reporting under the EU Taxonomy Regulation (the “Report”).BackgroundIn March 2023, the EC gave a mandate to the Platform to help simplify and improve the effectiveness of the Taxonomy Regulation by enhancing its usability.A pivotal development in this regard is the announcement by EC President Ursula von der Leyen in November 2024 to consolidate...

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  05/02/2025

  Europe

  The ODR platform is closing - What businesses need to know

  The European Parliament and the Council have decided to shut down the EU’s Online Dispute Resolution (ODR) platform. This decision follows a comprehensive review of the platform’s performance and its cost-effectiveness, which fell below expectations. What impact will this have on your business?BackgroundThe ODR platform, which has been operational since 2016, was designed to facilitate the resolution of contractual disputes between consumers and traders arising from online transactions. Since its inception, online sellers and marketplaces trading within the European Union have been...

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  04/02/2025

  Europe

  CMS Data Protection Update, February 2025

  I. The latest from the data protection authorities and current topics1. EDPB: Opinion on the processing of personal data in the context of the development and use of AI modelsIn December last year, the European Data Protection Board (EDPB) published its Opinion 28/2024 on certain data protection aspects related to the processing of personal data in the context of AI models. In it, the European data protection authorities comment on key data protection issues in connection with the development and use of AI models. The opinion contains a three-stage test to help data controllers determine whether...

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  31/01/2025

  International

  Sustainable Finance Regulation 2025 Timeline

  Our sustainable finance timeline sets out recent and expected EU, US, UK and International regulatory developments relating to sustainable finance in 2025.  

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  30/01/2025

  Europe

  Interplay of AI and copyright law: how do the options proposed in the UK’s recent consultation compare with the EU’s general TDM exception?

  IntroductionAs AI continues to evolve, the intersection of AI and copyright law remains a hot topic for content creators and technology platforms alike. One of the key areas of focus is the EU’s general text and data mining (“TDM”) exception (contained in the EU Digital Single Market (“DSM”) Directive)[1], intended to provide a safe harbour for AI developers, while providing content creators with a right to opt out from their works being used to train AI. The EU AI Act[2] contains copyright-related provisions referring to this general TDM exception, but there remains...

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