Technology

A new amendment law stipulates that sensors that collect geographic data within the scope of smart city applications will be recorded in the electronic environment.

The world’s first comprehensive regulation on AI, the Artificial Intelligence Act, which sets out the rules on the placing of artificial intelligence systems on the market.

On 9 October 2024 (appropriately, nine days into Cyber Month), the government introduced its long awaited, first ever draft cyber security legislation, in the form of the Cyber Security Bill 2024 (the Bill) to Parliament.

There has been a firestorm of activity in the move to address the growing use of data and our dependence on it in the digital economy. The ability to use and move data is fundamental to the way we use technology, cloud services, our exposure to privacy invasions and our vulnerability to cyber attack.

As the legal systems worldwide struggle to keep up to pace with the rapid evolution in digital services, jurisdictions have initiated regulatory measures.

Turkish Personal Data Protection Authority’s new announcement declares that data controllers and data processors can use the newly launched Standard Contract Notification Module.

Earlier this year we looked at trends in M&A investment in the technology sector, highlighting the TMT sector was the best performing sector in 2023 in terms of deal value and volume. The sector has remained fairly subdued this year, but are there signs this could be changing? We explore with our colleagues in the UK, Europe and China the outlook for the sector in their regions, and the impact of regulation on M&A investment in the tech sector.

On 16 July 2024, the Bank for International Settlements published a speech by Klass Knot (Chair of the Financial Stability Board (FSB) and President of the Netherlands Bank). The speech is dated 11 July 2024 and is entitled The AI adventure – how artificial intelligence may shape the economy and the financial system.

The EU’s Artificial Intelligence Regulation, commonly referred to as the AI Act, is expected to come into force during the summer of 2024 (the AI Act).

In February 2024, the UK Department for Science, Innovation, and Technology (DSIT) set out the government’s proposed approach to AI regulation. It published a response to its consultation on its 2023 white paper, ‘A pro innovation approach to AI regulation’ (the White Paper). DSIT confirmed that, for the time being, the UK will follow its proposed approach of setting cross-sectoral principles to be enforced by existing regulators rather than passing new legislation to regulate AI.