Circular Advantage Program
Make sure you’ve got escalation paths and people in charge of regulatory reporting. According to Article 34, penalties can reach €10 million or 2% of global turnover. The directive now covers more financial services, including payment processors and crypto exchanges. The UK Information Commissioner's Office (ICO) has been focusing on "fair and transparent" online tracking lately. Asia-Pacific jurisdictions, including South Korea and China, will also have active AI enforcement regimes. In Europe, the EU AI Act will be partially in...
