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Legal Departments Poised to Go on Tech Spending Spree to Bolster Compliance

Legal Tech Monitor

A Gartner report projects a 50% increase in spending on governance, risk and compliance technology by 2026—a surge sparked by rising regulatory requirements.

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EU and US Lawmakers Agree to Draft AI Code of Conduct

Inside Privacy

The European Commission proposed its AI Act— establishing binding rules on banned and “high-risk” AI systems — in 2021 (see our blog here ), however, the law is still being reviewed by lawmakers and is not expected to come into force before 2026.

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Data Act Becomes Law: What Next?

Inside Privacy

The Data Act’s obligations are broad and may require significant engineering work to re-design products to ensure compliance. The access requirement will apply to connected products and related services placed on the market after 32 months from the Act’s date of entry into force – i.e. , in mid-2026.

Law 65
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The EU AI Act – Navigating the EU’s Legislative Labyrinth

Debevoise Data Blog

Despite recent challenges in the EU “trilogue negotiations”, proponents still hope to reach a compromise on the key terms of the draft EU AI Act by 6 th December, with a view to passing to the Act in 2024 and most of the provisions becoming effective sometime in 2026.

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India’s renewed approach to Chinese investments in the electronics sector

Ikigai Law

India intends to expand its electronics manufacturing and exports sector to US$ 300 billion by 2026. [xi] Which party would bear the cost of compliance? The change in India’s position to allow Chinese investments is based on multiple factors.

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California Amends Data Broker Law

Inside Privacy

Most notably, however, the Act requires the creation and use of a new deletion mechanism for California consumers by January 1, 2026. The CPPA is responsible for creating this “accessible deletion mechanism,” which will allow consumers to make a single deletion request to all data brokers that maintain their personal information at one time.

Law 61
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FinTales Issue 31: Cow Paths & Regulatory Approaches

Ikigai Law

A PwC India report says that by 2026-27, UPI will account for 90% of the total retail digital payments in the country. Finshots ] Save Now, Pay Later (SNPL)- An emerging business model in Fintech [ Credgenics Blogs ] Fintech Global: Will AI take over the regulation and compliance in the future? We’d love to hear from you.