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William Fry
On 2 May 2024, the Central Bank of Ireland signalled a change in its approach to registering Virtual Asset Service Providers (VASPs) / authorising Crypto Asset Service Providers (CASPs) in Ireland.
RDJ LLP
The impact of AI on Media | Spotlight on AI from RDJ LLP on Vimeo.
William Fry
The Digital Services Act (DSA) came into effect for online intermediary service providers (ISP) on 17 February 2024...
Maples Group
The use of artificial intelligence ("AI") in the financial sector has been rapidly increasing, offering numerous benefits such as enhanced efficiency, improved customer experience...
Arthur Cox
The UK Cabinet Office recently published a Procurement Policy Note (PPN 02/24) aimed at advising UK public sector bodies in regard to the use of Artificial Intelligence ("AI")...
RDJ LLP
RDJ recently held its inaugural AI seminar "AI literacy: Demystifying AI, AI Ethics, and the Law" at Hayfield Manor, with over 100 clients and colleagues in attendance.
William Fry
On 9 April 2024, the Central Bank of Ireland (the Central Bank) published its updated approach to authorisation of Payment Institutions (PIs) (including registration...
RDJ LLP
Generative AI has a high resource requirement and a large carbon footprint when answering queries. A traditional search engine will use between .2 grams of Co2 and 1 gram of Co2 per search...
Marks & Clerk
With the Cheltenham Festival grabbing the majority of the sporting headlines this week, it's great to also see TrojanTrack making the final of the One-Zero start-up competition...
Maples Group
In its annual Regulatory and Supervisory Outlook Report (the "Annual Report") and at the Payment and Electronic Money Institutions Engagement event held in February 2024, the Central Bank of Ireland...
RDJ LLP
In this series of interviews RDJ's AI advisory team share their perspective on how companies can leverage the benefits of AI and navigate the ever-evolving landscape...
William Fry
AI law expert and consultant in William Fry's Technology Department, Barry Scannell, has a deep dive chat about the AI Act with Kai Zenner, Head of Office and Digital Policy Adviser for MEP Axel Voss.
Arthur Cox
The Central Bank of Ireland's Regulatory Supervisory Outlook Report 2024 and accompanying Letter to the Minister for Finance were published...
William Fry
Put simply, artificial intelligence (AI) refers to the ability of machines to learn and make decisions based on data and analytics. One of the first sectors to deploy AI was the financial services sector.
Arthur Cox
Since the European Commission tabled its proposal for an EU regulatory framework on artificial intelligence (AI Act) in April 2021, regulation of AI has remained a focus for legislators across the globe.
William Fry
This provisional timeline serves as a crucial guide to understanding the phased implementation of the AI Act, marking significant milestones from its initial agreement to the application...
William Fry
As noted by Bertuzzi, the final text was circulated to Member States yesterday evening, 21 January 2024. It is rapidly progressing towards a vote by COREPER on 2 February, after a discussion in the Telecom Working Party.
European Union
Philip Lee
Following extensive negotiations, the EU Parliament adopted the final text of the AI Act by way of final vote at its plenary sitting on 13 March 2024.
William Fry
The AI Office will implement the future AI Act at EU level and it should become a central coordination body for AI policy at EU level and cooperate with other Commission departments...
RDJ LLP
On 9 December 2023, the EU Council and Parliament reached a ‘provisional' agreement on the AI Act (the "Act"). However, further work was needed on a technical...
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