The AI Act represents the first comprehensive legal framework for artificial intelligence, addressing associated risks and obligations for providers.
Earlier this year, our Technology and Innovation Group created a five part video series on the AI Act, led by Rosemarie Blake, collated into this podcast episode which discusses the AI Act, the timeline of obligations, general purpose AI, enforcement, GDPR interplay and compliance obligations for actors in the AI value chain.

To watch the full episode, please visit: https://lnkd.in/erBUmRh5
#AIAct

In line with international developments, the Government is introducing a new foreign investment screening regime in Ireland. The Screening of Third Country Transactions Act 2023 (the “Act”) was signed into law on 31 October 2023 and will commence operation on 6 January 2025.

The Act sets out a framework to enable the Minister for Enterprise, Trade and Employment (the “Minister”) to review, for the first time, transactions involving foreign investment that may impact on security or public order in Ireland. The Act also grants the Minister the power to mitigate the effect of transactions in sensitive sectors identified as problematic or, if necessary, prohibit them outright.

To read the full briefing, click here: https://lnkd.in/ePbHXGxR
#ForeignInvestmentScreeningRegime

Chambers and Partners has published their DEI Global Report for 2024, which features our firm's case study 'Protecting LGBT+ Rights'.

Chambers has been producing DEI Reports to highlight exemplary DEI work by firms in a number of jurisdictions.

Our case study focuses on actions, events and initiatives carried out by our firm's LGBTQ+ committee, alliance, to provide greater recognition and support to minority groups within the LGBTQ+ community.

For more, and to read our case study, please click here: https://lnkd.in/dqt7sSH5 #DEI

The European Commission’s Digital Operational Resilience Act (DORA) is set to revolutionise ICT risk management for financial entities. Coming into force on January 17 2025, DORA will streamline and enhance existing requirements into a single, comprehensive legislative instrument.

This landmark regulation will impact a broad spectrum of financial entities, including credit institutions, electronic money institutions, investment firms, insurance, and re-insurance undertakings. Notably, it will also bring certain major ICT service providers formally within scope of supervision of the European Supervisory Authorities for the first time.

Stay ahead of the curve and ensure you are prepared, visit our website to learn more about DORA and how it will affect your organisation: https://lnkd.in/eqF-Fgm8
#DORA #ICTRiskManagement #FinancialServices #RegulationUpdate

The EU product compliance landscape has significantly changed as a new Product Liability Directive and General Product Safety Regulation are now in place.

We take a look at what has changed and what happens now: https://lnkd.in/eNaW8YBd #ProductLiability #ProductSafety