EU BRRD
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EU business leaders say AI Act needs to be postponed
Open letter undersigned by leaders of banks, manufacturers and AI companies calls for a delay and a simplification of the incoming AI regulatory regime.
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GRIP Extra: House of Representatives bans WhatsApp, Germany plans to ban DeepSeek
Our in-brief roundup of notable stories from last week.
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GRIP Extra: CFTC nominee Quintenz quizzed by senators, FDA to use AI for drug approvals
Our in-brief roundup of notable stories from last week.
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EU overhauls Benchmarks Regulation
The amendments will ease the compliance burden on benchmark administrators inside the EU, and non-EU who provide benchmarks for use within the EU.
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GRIP Extra: Bitcoin hits record high, SEC commissioner slams deregulation
Other news includes China threatening legal action against companies taking US guidance not to buy Chinese chips, and the UK sanctioning an accountant for buying oil tankers for Lukoil.
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Rules on release of insider information in a protracted process published
ESMA’s final report also includes technical advice on MAR and MiFID, plus where disclosure of information is required because it contrasts with previous announcements.
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ESMA wants EU regulators to tackle market abuse in crypto assets
Newly released guidelines on supervision argue for risk-based approach, but one where issues are addressed by regulators.
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GRIP Extra: DHS investigates ex-CISA director Krebs, Atkins in as SEC chair
Other news includes a whistleblower testifying that Facebook was working with CCP on censorship, Treasury announcing the rollback of 15 rules and guidance statements, and the publication of several ESMA documents.