by AIP Online Bureau | Dec 18, 2024 | Eco/Invest/Demography, Risk Management, Technology
Ireland’s Data Protection Commission issued the penalties after wrapping up its inquiry into the breach, when hackers gained access to user accounts by exploiting bugs in the platform’s code that allowed them to steal digital keys, known as “access tokens.” LONDON:...
by AIP Online Bureau | Dec 1, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
Asset managers have cautioned against letting streamlining morph into outright deregulation, which they worry would reduce the corporate transparency on which they rely to make ESG allocations The next European Commission will urgently seek to streamline the bloc’s...
by AIP Online Bureau | Nov 18, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
“Meta tied its online classified ads service Facebook Marketplace to its personal social network Facebook and imposed unfair trading conditions on other online classified ads service providers,” EU antitrust chief, Margrethe Vestager, said. “It did so to benefit its...
by AIP Online Bureau | Nov 18, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Currently, the practice whereby private investors who are not party to the legal dispute, finance legal proceedings in exchange for a share of any financial award, is not properly regulated at European level Brussels: Insurance Europe, together with ten other...
by AIP Online Bureau | Oct 18, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
Companies failing to comply with the AI Act will face fines of 35 million euros ($38 million), or 7% of global annual turnover Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity...
