The challenges of European AI regulation for the financial sector
Artificial intelligence has enormous potential for financial institutions. Therefore, in addressing its regulation, the aim is to provide a framework of legal certainty to facilitate its adoption and also to address the challenges and risks for the sector, customers and supervisors.Commission's decision on tax lease partially annulled
On February 2, 2023 the Court of Justice of the European Union (CJEU) partially annulled Commission Decision of 17 July 2013 which declared that the Spanish tax lease system was a state aid scheme and ordered it to be recovered from the investors only.Member States must assess the environmental impact of urban development projects on places of historical, cultural or archaeological significance, according to the Advocate General of the CJEU
The Opinion of the Advocate General of the CJEU regarding an urban development project in the historical center of Vienna could create a new line of European case law that provides greater protection for historical, cultural or archaeological heritage.Court of Justice of the European Union rules on protection of employment contracts in pre-pack insolvency procedures
The European Court has issued a sentence of special relevance for the operation and effectiveness of the “pre-pack” insolvency procedures. Specifically, it clarifies the requirements that must be met to respect the rights of workers in the event of business transfers.