Generative Data Intelligence

Tag: european parliament

Clock is ticking on AI Act compliance as EU law progresses

Users and builders of AI systems face a race against time to comply with incoming European legislation if lawmakers continue on their current trajectory. After...

EU AML Rules: Implications For Crypto Industry

European Union policymakers have taken a major step by agreeing on a comprehensive anti-money laundering (AML) regulatory framework for the...

EU Agrees on Stricter Anti-Money Laundering Rules

Francesco Fulcoli - Chief Compliance Officer The Council of the European Union and the European Parliament have reached a provisional agreement on reforms to strengthen...

The Digital Euro Dilemma: Risks, Rewards, and the Road Ahead

The European Central Bank (ECB) has embarked on a significant journey toward the potential implementation of a digital euro. The latest development involves the opening of applications...

European Commission probes Microsoft’s $13B OpenAI deal

Microsoft's $13 billion investment in OpenAI is being checked by the European Commission to see if the deal runs afoul of the continent's merger...

Euro Dynamics 2024: Charting the Banking Course

As 2024 unfolds, the euro confronts a complex environment marked by political shifts and economic challenges. Parliamentary and presidential elections in several Eurozone countries, including Austria,...

Government Can Freeze and Confiscate ‘Unexplained Wealth’ At Will, According to Newly Passed Rules in EU – Here’s How – The Daily Hodl

European Union (EU) negotiators have agreed on rules for new legislation that will allow governments to freeze and confiscate so-called “unexplained wealth” that’s believed...

A new frontier for instant payments in the EU

In today’s fast-paced, digital world, speed and efficiency are paramount – especially when it comes to our financial transactions. But as our payments pick...

European Parliament Faces Challenges in Cyber-Securing Election

Penka Hristovska Published on: December 13, 2023 The European Union’s Parliament isn’t quite yet ready for the upcoming June...

EU’s AI Regulation Framework: An Era in Digital Governance

The European Union has taken a step in the digital era by finalizing a legal framework for regulating artificial intelligence (AI). This development emerged...

Europe Charts a New Horizon with Pioneering AI Regulation

In a groundbreaking move, European Union officials have successfully negotiated a provisional deal, marking the world's first comprehensive laws governing the use of artificial intelligence (AI). After 36...

EU agrees on Act that bans some AIs

The European Union (EU) on Saturday reached provisional agreement on the AI Act – a broad legal framework limiting how artificial intelligence can be...

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