By Victoria de Posson | FTI Consulting Last week the EU published its new ethics guidelines for trustworthy artificial intelligence (AI), ten months after the European Commission created its high-level expert group to look into the issue. Our Brussels team look at what future EU policy initiatives might arise as a consequence. While it might be somewhat early to speculate, we can already start to read between the lines and anticipate some potential upcoming initiatives concerning privacy, data, security, transparency, fairness...

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Ahead of the global climate conference COP24, which took place in Poland on 3-14 December 2018, the European Investment Bank launched a first-of-its-kind climate survey, in partnership with the global public opinion company YouGov, to find out how 25 000 citizens feel towards climate change in the European Union, the United States and China. Discover below some analysis and visualisations of the key findings from the fifth of six releases of this worldwide EIB climate survey. You can download the full results...

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By Benjamin J. Eichel & Matthew H. Adler | Pepper Hamilton  The U.S. Supreme Court has demonstrated with increasing frequency over the past 20 years a particular fascination with arbitration. There have been at least 20 Scotus cases in the past decade on arbitration, including three cases in the current term—two in the first week in October. By contrast, even though there remains far more cases in federal court than in arbitration, and even though personal jurisdiction is both a frequently...

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On March 26, 2019, the European Parliament voted in favor of the new Copyright Directive, in the text resulting from the Trilogue. The Directive contains a variety of provisions concerning, among others, the status of the press, cultural heritage institutions and digital platforms. It tackles the use of journalistic content online, the measures to be adopted by online platforms in order to identify and prevent copyright infringements and new copyright exceptions such as for text and data mining. The text...

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By Richard P. Eckman, Mark T. Dabertin, Avinoam D. Erdfarb | Pepper Hamilton  The need to control  risks associated with using third-party technology service providers was reemphasized by the FDIC for institutions with less than $1 billion in assets in a new financial institutions letter (FIL) FIL-19-2019, “Technology Service Provider Contracts.” Released on April 2,  2019.  This FIL was prompted by failings in third-party oversight uncovered in recent examinations. It reiterates guidance previously issued in FIL-44-2008, “Guidance for Managing Third-Party Risk,” and emphasizes...

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By William R. Rhodes | March 19, 2019 | Brown University Panel Thank you to Mark Blyth. It is a pleasure to be here at the Rhodes Center, in the Watson Institute, here at my alma mater Brown University. I am delighted to be participating in this panel. Thanks to all of you and my fellow panelists. We are here to discuss bank conduct and culture. A subject of great importance to me personally. I remember my more than 50 years of...

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By Jens H. Kunz & Klaudyna Lichnowska |Noerr The EU and German financial sector has undergone significant changes in recent years and the regulatory environment continues to evolve. Dr. Jens H. Kunz and Klaudyna Lichnowska from our practice group Financial Services Regulation have taken the opportunity to contribute an article to GLI’s “Banking Regulation 2019” including an overview of the regulatory architecture in Germany and addressing the key regulatory topics as well as the most recent developments in the field of...

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