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In the past years, non-banks have shaken up the lending landscape in the European Union (“EU”). Fintech lending platforms and other non-bank lenders (including Bigtechs) have entered and disrupted the lending markets.

The CJEU's recent ruling emphasizes the GDPR's demand for algorithmic transparency in automated decisions, challenging companies to explain their logic. The decision also shows the difficulty of balancing such transparency with trade secret protection.

The AI Act is the first comprehensive AI regulation in the world. In this first episode of our Artificial Intelligence series, we have set out our initial key takeaways on the AI Act based on the text as currently approved by the Council of the EU.

Op donderdag 27 juni nam Stibbe deel aan een event over Generative Artificial Intelligence en de mogelijke betekenis en impact ervan op verschillende spelers en belanghebbenden in de juridische sector.

Financial institutions may outsource critical or important functions to cloud service providers (“CSPs”). On 25 February 2019 the European Banking Authority (“EBA”) provided guidelines (the “EBA Guidelines”) laying out the framework for outsourcing arrang