8 results A digital transition in the financial services sector On 24 September 2020, the European Commission (the “Commission”) adopted the Digital Finance Package (the “Package”). The aim of this initiative is to create a competitive EU financial sector that gives consumers access to innovative financial products. Towards a European legal framework for the development and use of Artificial Intelligence Back in 2014, Stephen Hawking said, "The development of full artificial intelligence could spell the end of the human race." Audit firms and accountant's duty of care towards third parties The Dutch Supreme Court recently decided (ECLI:NL:HR:2019:744) that the standard for audit firms' and accountants' duty of care towards third parties is in essence no different than the general duty of care under Dutch tort law [...]. Liability of audit firms and accountants towards clients for non-performance of the assignment The Dutch Supreme Court recently ruled on a case concerning liability of an audit firm towards its client for non-performance of an assignment to provide what is termed a 'contribution statement' (ECLI:NL:HR:2019:1447). The Grand Duchy of Luxembourg implements the Register of Beneficial Owners Law The Grand Duchy of Luxembourg has fulfilled its European obligations in the fight against money laundering and the financing of terrorism by transposing Directive 2015/849 of 20 May 2015 into national law with the brand new Law of 13 January 2019. EU Artificial Intelligence Act and Generative AI – an update In this blogpost, our TMT expert Thibau Duquin elaborates on the AI Act, the rules on generative AI such as ChatGPT, and the next steps. Does selling a phone on an online marketplace make you a "trader" under the Unfair Commercial Practices Directive and the Consumer Rights Directive? Online marketplaces provide sales channels not only for professional traders but also for individuals selling second-hand goods. For buyers, online advertisements do not always make it clear whether the seller is a professional trader or an individual. Contracts & Corona: force majeure and related topics The spread of the coronavirus may have some consequences that affect your ability to perform your obligations under your contracts, or your co-contractors’ ability to perform theirs. We provide some insight on a few pressing questions.
A digital transition in the financial services sector On 24 September 2020, the European Commission (the “Commission”) adopted the Digital Finance Package (the “Package”). The aim of this initiative is to create a competitive EU financial sector that gives consumers access to innovative financial products.
Towards a European legal framework for the development and use of Artificial Intelligence Back in 2014, Stephen Hawking said, "The development of full artificial intelligence could spell the end of the human race."
Audit firms and accountant's duty of care towards third parties The Dutch Supreme Court recently decided (ECLI:NL:HR:2019:744) that the standard for audit firms' and accountants' duty of care towards third parties is in essence no different than the general duty of care under Dutch tort law [...].
Liability of audit firms and accountants towards clients for non-performance of the assignment The Dutch Supreme Court recently ruled on a case concerning liability of an audit firm towards its client for non-performance of an assignment to provide what is termed a 'contribution statement' (ECLI:NL:HR:2019:1447).
The Grand Duchy of Luxembourg implements the Register of Beneficial Owners Law The Grand Duchy of Luxembourg has fulfilled its European obligations in the fight against money laundering and the financing of terrorism by transposing Directive 2015/849 of 20 May 2015 into national law with the brand new Law of 13 January 2019.
EU Artificial Intelligence Act and Generative AI – an update In this blogpost, our TMT expert Thibau Duquin elaborates on the AI Act, the rules on generative AI such as ChatGPT, and the next steps.
Does selling a phone on an online marketplace make you a "trader" under the Unfair Commercial Practices Directive and the Consumer Rights Directive? Online marketplaces provide sales channels not only for professional traders but also for individuals selling second-hand goods. For buyers, online advertisements do not always make it clear whether the seller is a professional trader or an individual.
Contracts & Corona: force majeure and related topics The spread of the coronavirus may have some consequences that affect your ability to perform your obligations under your contracts, or your co-contractors’ ability to perform theirs. We provide some insight on a few pressing questions.