EUROPEAN UNION

Major Firms Warn EU Over AI Regulation Risks

The European Parliament in June backed a draft law that will be the basis for the world's first comprehensive rules for AI
More than 150 leading companies warned the EU's plans to regulate artificial intelligence risk harming Europe's competitiveness and do not go far enough to tackle challenges, in a letter seen by AFP Friday.
The EU is the first major jurisdiction to implement the final elements of the bank reforms

EU Agrees Tougher Rules On Banks

The EU struck a deal on Tuesday to implement internationally-agreed banking reforms intended to avert a repeat of the 2008 financial crisis.
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European Union flags fly outside the European Commission headquarters in Brussels

EU Urges Others To Copy Its Rules For Cryptoassets

The rest of the world should copy European Union rules for cryptoassets to create a robust global approach that protects consumers and financial stability, the EU's financial services chief said on Wednesday.
Iran's Supreme Leader Ayatollah Ali Khamenei speaks during a meeting with a group of students in Tehran

Why The Irish Government Must Not Reopen Its Embasssy In Tehran

There is a growing conviction that the recall of EU ambassadors and the closure of Western embassies in Tehran, followed by the expulsion of all Iranian diplomatic staff and their cohorts from Europe and the U.S., would be a more forceful response to the regime's barbarity.

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