TMT/IP

EU Artificial Intelligence Act and Its Impact on Non-EU Entities

Last year, a new regulation on artificial intelligence (“AI Act”) was published in the Official Journal of the European Union. This new AI Act lays down legal framework for the development, placing on the market, putting into service and use of artificial intelligence systems (“AI systems”) in the EU, in order to, inter alia, promote the uptake of human centric and trustworthy artificial intelligence, protect against harmful effects of AI systems and to support innovation.

Filip & Company Advises eMAG and HeyBlu on Acquisition of Orange Money IFN

Filip & Company has advised Dante International and HeyBlu IFN on the acquisition of Orange Money IFN.

Akol Law Advises Kaspi.kz on Acquisition of 65.41% Stake in Hepsiburada

Akol has advised Kaspi.kz on its acquisition of a 65.41% stake in Hepsiburada for USD 1.127 billion.

Cytowski & Partners Advises Hypefy and Interactive Brokers on USD 1.7 Million Seed Round

Cytowski & Partners has advised Hypefy and Interactive Brokers on a USD 1.75 million seed round for Hypefy that also saw Euroventures and Intercapital participate.

How AI's 'Intended Purpose' Could Define Companies' EU Regulatory Burden

The EU’s AI Act, the world’s first comprehensive legislation on artificial intelligence, imposes the bulk of its due diligence obligations on companies that sell AI systems that are particularly risky for people’s health or fundamental rights.

Ukraine: Further ACCA Implementation: New Ukrainian Standards on Market Surveillance and e-Commerce

The Agreement on Conformity Assessment and Acceptance of Industrial Products ("ACAA") is an intermediary step for Ukraine to benefit from the mutual recognition of product quality between the EU and Ukraine until our country becomes a full EU Member State.