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eAlerts Récentes

  •  
    02/10/2024
    Hongrie

    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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  •  
    25/09/2024
    Belgique

    The Belgian Data Protection Authority publishes an informative brochure on artificial intelligence systems and the GDPR

    The Belgian Data Protection Authority has just published a brochure entitled “Artificial Intelligence Systems and the GDPR - A Data Protection Perspective” to explain the GDPR requirements specifically applicable to the development and deployment of AI systems. We have set out below a summary of this brochure and provided some key takeaways.The intersection of artificial intelligence (“AI”) and data protection law has become increasingly relevant in today’s digital landscape. As AI technologies evolve, they pose unique challenges that necessitate a thorough understanding...
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  •  
    12/09/2024
    United Kingdom

    Recommerce Reads - product liability and the circular economy

    Changes are coming to the existing EU and UK product liability regimes, aimed at responding to the digital age, the circular economy and new global supply chain models. Over the last 40 years, the current regimes have provided a harmonised framework by which consumers who have suffered damage as a result of a defective product may seek compensation. However, significant changes to the kinds of products consumers buy, and how they buy them, means reforms are overdue. Today’s marketplace is full of tech and smart products that were of no concern to legislators in the 1980s. Additionally, eco-conscious...
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  •  
    06/08/2024
    Hongrie

    EU Commission finetunes the Foreign Subsidies Regulation: insights into the latest Guidance

    On 26 July 2024, the European Commission released a staff working document that clarifies the Commission’s substantive test under the Foreign Subsidies Regulation (FSR). This document serves as a valuable supplementary resource to FSR case-law and provides insight into how the Commission will conduct FSR assessments. Although this document is not binding, it may also prove highly beneficial for companies in evaluating and managing FSR risks.What are FSR procedures?The preamble to the FSR states that existing EU instruments do not address distortions caused by foreign aid, prompting the Commission...
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  •  
    31/07/2024
    United Kingdom

    Motor finance commission claims: FCA leaning towards consumer redress scheme in 2026?

    Announcements made by the FCA on 30 July 2024 suggest that motor finance commission claims could be the subject of a consumer redress scheme implemented in 2026. Whilst the FCA are keen to stress that nothing has been decided yet and various options remain on the table, a consumer redress scheme appears to be a more likely outcome than it was prior to the FCA commissioning a skilled person’s report into the motor finance market six months ago.BackgroundConsumers have been bringing complaints and claims for compensation against motor finance firms and credit brokers (including motor dealers)...
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  •  
    26/07/2024
    Italie

    Ruling no. 148/2024: tax exemption for dividends and capital gains realized by foreign funds - requirements

    The Italian Tax Authority (“ITA”), with the ruling no. 148/2024 published on July 11, 2024, confirms the application of the exemption regime - introduced by Article 1, paragraph 633, Law No. 178/2020 ("Budget Law 2021") - for Italian source dividends as well as capital gains deriving from the disposal of qualified participations realized by foreign investment funds, as better defined below.First of all, it should be recalled that the aforementioned Budget Law 2021 introduced the exemption regime for Italian-source income, consisting of dividends and capital gains (or capital losses)...
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