Inside FinTech

Investment and M&A trends in FinTech

Investment and M&A trends in FinTech

At the start of last year there was an expectation that momentum in the FinTech sector would pick up, including as a result of anticipated improvements in global macroeconomic conditions.

Global | Articles | February 17, 2025

Future of FinTech
DORA: Commission rejects draft RTS on subcontracting ICT services supporting critical or important functions

DORA: Commission rejects draft RTS on subcontracting ICT services supporting critical or important functions

On 31 January 2025, the European Commission (Commission) published a letter (dated 21 January 2025) it had sent to the Chair of the Joint Committee of the European Supervisory Authorities (ESAs).

Global | Articles | February 17, 2025

Digital operational resilience in financial services (DORA)
EBA amends its Guidelines on ICT and security risk management measures in the context of DORA application

EBA amends its Guidelines on ICT and security risk management measures in the context of DORA application

On 11 February 2025, the European Banking Authority (EBA) issued an updated version of its guidelines on ICT and security risk management measures which were built on the provisions of Article 74 of the Capital Requirements Directive IV and the Payment Services Directive 2.

Global | Articles | February 17, 2025

Digital operational resilience in financial services (DORA)
CJEU Advocate General clarifies when pseudonymised data falls outside the definition of personal data

CJEU Advocate General clarifies when pseudonymised data falls outside the definition of personal data

On 5 February 2025, the Advocate General of the Court of Justice of the European Union (CJEU) issued its opinion in the case of C 413/23 P European Data Protection Supervisor (EDPS) v Single Resolution Board (SRB) (Opinion).

Global | Articles | February 17, 2025

Data and cybersecurity
The Commission’s guidelines on AI systems – what can we infer?

The Commission’s guidelines on AI systems – what can we infer?

The EU’s AI Act imposes extensive obligations on the development and use of AI.

Global | Articles | February 14, 2025

Artificial intelligence
EU AI Act: First provisions hit 2 February

EU AI Act: First provisions hit 2 February

The EU AI Act’s obligations begin to apply from 2 February. The first obligations to apply are the prohibitions, which ban the provision or use of AI in some scenarios. Fines are up to 7% of total worldwide annual turnover for non-compliance.

Global | Articles | February 06, 2025

Artificial intelligence
UK Government consults on copyright and Artificial Intelligence

UK Government consults on copyright and Artificial Intelligence

The UK government has issued a new consultation, Copyright and Artificial Intelligence, under which it is proposing to address a tension that exists between:

Global | Articles | January 15, 2025

Artificial intelligence
The EDPB Opinion on training AI models using personal data and recent Garante fine: lawful deployment of LLMs

The EDPB Opinion on training AI models using personal data and recent Garante fine: lawful deployment of LLMs

The final days of 2024 were very eventful in the world of AI and data protection: the European Data Protection Board (EDPB) published its Article 64 General Data Protection Regulation (GDPR) opinion on training AI models using personal data (the EDPB Opinion).

Global | Articles | January 06, 2025

Artificial intelligence
Data protection and training AI models: Deployers must assess whether the models they use were developed lawfully

Data protection and training AI models: Deployers must assess whether the models they use were developed lawfully

The European Data Protection Board (EDPB) was asked by the Irish supervisory authority to issue an Opinion under Article 64(2) General Data Protection Regulation (GDPR) on AI models and processing personal data (the Opinion). The Opinion sets out the EDPB’s answers to the four questions the Irish supervisory authority put to it.

Global | Articles | December 19, 2024

Artificial intelligence