All posts tagged "EU"
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EU promises new digital taxes after US pulls out of talks
An abrupt US decision to abandon international negotiations aimed at taxing tech giants has sparked fears of a trade war, with the European Commission and member states vowing to act
- Posted June 22, 2020
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Central bank digital currency developments hit “top gear” amid coronavirus
COVID-19 is accelerating the pace towards a functioning central bank digital currency (CBDC), the co-chair of a central banks’ working group has said. “There is little evidence that cash transmits
- Posted June 18, 2020
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Facial recognition tech could be illegal in EU, regulators warn
Artificial intelligence (AI) facial recognition technologies are likely to be illegal in the European Union, according to a prominent group of privacy regulators. The European Data Protection Board (EDPB) –
- Posted June 18, 2020
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Corona forces postponement of UK e-payments deadline
The UK’s Financial Conduct Authority (FCA) is to give industry an extra six months to implement new rules aimed at boosting the security of payments and reducing fraud, due to
- Posted May 6, 2020
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Lord O’Donnell challenges lockdown decision-making and reversion to unilateralism
On purely medical grounds, lockdowns are effective in suppressing COVID-19. But Gus O’Donnell, the UK’s former Cabinet secretary, tells Matt Ross that national decision-makers should take a wider view of
- Posted April 29, 2020
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France and UK move forward on central bank digital currencies
The central banks of France and the UK have moved towards the creation of central bank digital currencies (CBDCs), with the Banque de France issuing a call for applications to
- Posted April 8, 2020
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EU seeks to take on AI world leaders while protecting public
The European Union has unveiled proposals to promote the ethical, trustworthy and secure development of artificial intelligence (AI) in a bid to challenge Silicon Valley’s and China’s dominance in the
- Posted February 19, 2020
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Automated welfare fraud detection system contravenes international law, Dutch court rules
A Dutch court has ruled that an automated surveillance system using artificial intelligence (AI) to detect welfare fraud violates the European Convention on Human Rights, and has ordered the government
- Posted February 9, 2020
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Boris Johnson strips worker and environmental protections from EU withdrawal bill
The UK is a big step closer to leaving the European Union next month, following the passing of the Withdrawal Agreement Bill – the latest version of which has been
- Posted December 22, 2019
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European Commission scopes launch of anti-money laundering authority
The European Commission is to undertake a “thorough assessment” of the European Union’s anti-money laundering (AML) strategy after EU finance ministers called for the creation of a new central supervisory
- Posted December 11, 2019