2/12/2025 9:45:42 PM AI know it when AI see it: EU tries to clear up what an AI system is By Raza Naeem Simon Treacy The European Commission has issued guidance on what systems are artificial intelligence under the EU’s AI Act. Understanding the scope of...
2/12/2025 6:25:42 PM It’s complicated: The EU’s on-again off-again relationship with open finance By Simon Treacy Two years ago the European Commission proposed regulating how financial data is shared within the EU. Earlier this week reports suggested...
1/31/2025 1:28:20 PM Commission rejects DORA subcontracting rules By Raza Naeem James Morris Simon Treacy The European Commission has formally rejected draft rules on monitoring ICT supply chains under the Digital Operational Resilience Act....
1/23/2025 10:32:24 AM EU shares key guidance on DORA By Raza Naeem James Morris Simon Treacy Can a financial service be an ICT service? This question often came up in the course of implementing the EU’s Digital Operational...
1/16/2025 8:55:11 PM DORA deadline day arrives: Here are five things firms still need to do By Raza Naeem James Morris Simon Treacy Even as the EU’s Digital Operational Resilience Act comes into effect, more work remains to be done. After a two-year implementation...
1/16/2025 4:47:19 PM Payments in 2025 #4 – Future of retail payments By Harry Eddis Richard Hay Frances Hodgkins Olivia Murphy Arjun Lakhani Fiona Garrahan +3 more... Show less Policymakers in the EU and UK are, for now, allowing a diverse landscape of payment options to co-exist and compete. Instant payments The...
12/18/2024 11:24:17 AM EU says good-quality DORA registers are within reach By Raza Naeem James Morris Frances Hodgkins Simon Treacy +1 more... Show less Earlier this year around 1,000 firms took part in a “dry-run” to test the process for reporting registers under the EU’s Digital...
8/2/2024 5:38:32 PM A changing landscape: Bank of England’s approach to innovation in money and payments By Simon Treacy Against the backdrop of a rapidly evolving payments landscape, the Bank of England has launched a discussion paper on how it should...
7/4/2024 12:31:30 PM EU institutions explore AI in financial services By Simon Treacy As our mid-year legal outlook shows, the legal impact of AI adoption is not limited to the tech sector. Financial services firms are...