Investigations, Enforcement, & Compliance Alerts

On December 16, 2024, the European Union (EU) adopted a fifteenth package of restrictive measures against Russia. This new package introduces a range of measures aimed at tightening restrictions on Russia’s military and industrial capabilities, curbing circumvention of existing sanctions, and enhancing protections for European businesses operating in increasingly complex environments.

On March 13, 2024, three years since the proposal by the European Commission (the Commission), the lawmakers in the European Parliament approved the Artificial Intelligence (AI) Act (AI Act), the first regulation on artificial intelligence in the world, with an overwhelming majority of 523 votes in favor, 46 against and 49 abstentions. The AI Act will most likely take effect in May, after its final endorsement.

On December 9, 2023, the European Commission (Commission) announced that a political agreement was reached between the European Parliament and the Council on the Artificial Intelligence (AI) Act (AI Act), as proposed by the Commission in April 2021. It is considered the first text of its kind in the world.