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Artículos Recientes

  •  
    31/10/2024
    Europe

    October 2024 Highlights: Key UK and EU Operational Resilience Updates

    As the landscape of operational resilience continues to evolve, this past month has been particularly eventful, marked by significant developments in both the UK and EU. With the impending deadline for compliance with the Digital Operational Resilience Act (DORA) on January 17, 2025, institutions are racing to meet stringent requirements designed to enhance their resilience to digital threats. In the UK, the anticipation builds as regulators are due to publish the finalised Critical Third Parties Regime Rules by the end of 2024, which will further shape the operational resilience framework. Additionally,...
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  •  
    23/10/2024
    Belgium

    How can you legally protect your website from being read and copied by AI companies?

    Recently, Getty Images filed a lawsuit against Stability AI, accusing it of using copyrighted images to train its AI models without Getty’s consent. The question may also arise whether popular generative AI tools like Midjourney use databases containing copyright protected material without the consent of the rights holders to generate their images.Recent lawsuits, which include class actions, will help determine to what extent AI developers may use copyright protected works to train their models.As mentioned in our previous article, the owners of copyrights may rely on their exclusive rights...
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  •  
    22/10/2024
    United Kingdom

    HMRC updates ISA Regulations to recognise fractional interests and make certain other changes

    On 15 October 2024, the UK Government published the Individual Savings Account (Amendment) (No 2) Regulations 2024 (“the Regulations”), which will make certain targeted amendments to the Individual Savings Account Regulations 1998, SI 1998/1870. This follows a short technical consultation that ran from 2 to 16 August 2024.The Regulations will bring into effect several changes, including expressly recognising that certain ‘fractional interests’ in shares (widely known as “fractional shares”) can be held in a stocks and shares individual savings account (“ISA”),...
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  •  
    22/10/2024
    Bélgica

    EU’s NIS 2 enters into force: compliance is now mandatory

    On 18 October 2024, NIS 2 officially came into force across all EU member states. While many member states missed the deadline to create national cybersecurity legislation based on NIS 2, that is not the case for Belgium. The new legislation aims to enhance the security and resilience of critical entities across the EU. With the clock now ticking, it is imperative for organisations to act swiftly to ensure compliance and safeguard their operations. In this article, we will delve into some key aspects of NIS 2, providing you with an overview of what to expect.1. What’s the applicable legislation...
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  •  
    22/10/2024
    United Kingdom

    Regulation of BNPL

    On 17 October 2024, HM Treasury (“HMT”) published a consultation setting out its detailed approach to regulating the Buy-Now Pay-Later (“BNPL”) market, along with draft legislation which would bring certain deferred payment credit (“DPC”) agreements and BNPL products, which were previously exempt from consumer credit regulation, into the remit of the Financial Conduct Authority (“FCA”). The new rules will provide certainty to the rapidly growing sector and allow BNPL users to benefit from key protections offered by other consumer credit products.This...
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  •  
    02/10/2024
    Hungría

    Hungary begins implementation of EU AI Act with passage of Resolution

    The Hungarian government has issued Resolution 1301/2024. (IX. 30.), which establishes the foundation for creating the body responsible for implementing the tasks required by the EU AI Act. In issuing this resolution, Hungary has begun preparations for enforcing the regulation, which means that companies should now prepare for compliance by reviewing the AI systems they use, assessing these systems' alignment with the EU AI Act's requirements, and preparing the necessary risk management documentation to ensure transparency, accountability, and safety.Hungary’s new enforcement body will:Operate...
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