The emergence of social media as a tool for credit scoring is changing how financial institutions assess creditworthiness. While traditional credit scores have largely relied on an individual’s financial history—such as payment records and debt profile—social media is increasingly being used…
Data Protection and AI Models – EDPB Opinion, OpenAI Fine and DeepSeek Scrutiny
The European Data Protection Board (EDPB) adopted Opinion 28/2024 on 17 December 2024,[1] addressing key data protection issues that arise from the processing of personal data in the context of artificial intelligence (AI) models. Issued at the request of the Irish…
AI vs. Organized Crime: Balancing innovation and security in a transnational fight
After the agreement on EL PAcCTO 2.0 was introduced in November 2023, the program to combat transnational crime was officially launched in March 2024 in Panama City. The initiative seeks to strengthen cooperation between Latin America, the Caribbean, and the European…
GDPR in Action: Key CJEU Rulings on Data Minimisation and Health Data Processing
by Luca Farkas In two recent cases, the Court of Justice of the European Union (CJEU) clarified the interpretation and application of the General Data Protection Regulation (GDPR), a cornerstone of EU data privacy law designed to protect individuals’ personal data….
Towards connectivity: The Gigabit Infrastructure Act
by Mónika Mercz The Digital Decade initiative of the European Union involves a pledge to reach 100% of 5G and fiber coverage by 2030 for EU citizens, and to ensure that new players have sufficient access to innovative business-to-business and business-to-consumer…
Unlocking Global Synergies: OECD’s AI Guidelines elevate data governance and privacy to a new level
by Gergely Rideg The OECD covers a broad spectrum of artificial intelligence (AI) topics in the Artificial Intelligence Papers series. This includes topics on the different ways in which AI can be used in education, health and other policy areas. Naturally,…
European regulatory and policy efforts to prevent cloud “tipping”
by István Kopácsi Cloud computing[1] has garnered significant regulatory interest worldwide due to its growing importance to business IT infrastructure and its role as a major revenue source for leading tech companies. Digital markets are often characterized by the features that are…
Navigating Competition in Generative AI: A Global Collaborative Effort
by István Kopácsi As artificial intelligence (AI) continues to advance at a breakneck pace, ensuring that its development and deployment adhere to principles of fair competition is more critical than ever. A recent joint statement[1] from competition authorities in the European Union,…
Country report from Kyrgyzstan – The Digital Contracting in the Kyrgyz Republic. What can we learn from EU Law?
by Dzhusupov Akylbek Embracing digital contracts can streamline business processes, reduce transaction costs, and attract foreign investment, thereby contributing to economic prosperity. Therefore, it is vital to choose the model law which will facilitate the Kyrgyz Republic’s economic integration into the global…
The EU’s Digital Decade
by Mónika Mercz Despite the significant initiatives undertaken, according to the report on the Digital Decade, key goals are not expected to be fulfilled by 2030 at the current rate of development due to the low level of private investments.[1] Digital…