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Europe gains powers to tackle supply chain emergencies

by AIP Online Bureau | Feb 7, 2024 | Disaster & Management, Eco/Invest/Demography, Policy, Regulation, Risk Management

The move was also spurred by the row with AstraZeneca in 2021 over delays in delivering COVID-19 vaccine doses to the 27-country European Union EU countries and lawmakers on Feb 1 agreed to rules which will require Europe-based companies to prioritize production of...

Europe within reach of landmark AI rules after nod from EU countries

by AIP Online Bureau | Feb 3, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

Tech lobbying group CCIA which counts Alphabet’s Google , Amazon, Apple and Meta Platforms as members, warned of roadblocks ahead Europe on Friday moved a step closer to adopting rules governing the use of artificial intelligence and AI models such as...

Italian regulator notifies OpenAI about violating Europe’s privacy laws

by AIP Online Bureau | Jan 29, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

Confirmed breaches of the pan-EU regime can attract fines of up to 20 million euros, or up to 4 per cent of global annual turnover, reports TechCrunch London: The Italian regulator on Monday notified Sam Altman-run OpenAI about breaching European data privacy law,...

AXA explores $1.1 bln disposal of European protection businesses -sources

by AIP Online Bureau | Dec 8, 2023 | International News, Life

The transaction could include businesses in France, Italy, Spain and part of the UK, which all sit under the group’s AXA Partners division AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth up to...

Europe agrees on rules to protect smart devices from cyber threats

by AIP Online Bureau | Dec 2, 2023 | International News, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Technology

Manufacturers will have to assess the cybersecurity risks of their products, provide declarations of conformity and take appropriate action to fix problems during the expected lifetime of the product or for at least five years EU countries and EU lawmakers on Thursday...
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