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Switzerland Sets a New Standard for Responsible AI Governance

Switzerland Sets a New Standard for Responsible AI Governance

With the revised Federal Act on Data Protection (FADP) now in force and active FDPIC guidance on AI, Swiss regulators have made it clear: AI systems are fully subject to data protection and accountability obligations. For financial institutions, FINMA applies…

October 10, 2025
2 minute read
The EU Financial Data Access (FiDA) Regulation

The EU Financial Data Access (FiDA) Regulation

The EU’s Financial Data Access Regulation (FiDA) is central to building an open finance ecosystem. It expands financial data sharing while safeguarding customer privacy through strict security and confidentiality requirements. FiDA covers a wide range of financial data types, including…

October 7, 2025
2 minute read
EU Digital Operational Resilience Act (DORA)

EU Digital Operational Resilience Act (DORA)

DORA Comes Into Effect On January 17, 2025, the EU Digital Operational Resilience Act (DORA) entered into force. It establishes a unified framework for ICT risk management in the financial sector, ensuring institutions can withstand, respond to, and recover from…

October 7, 2025
2 minute read
EDPS: EU–U.S. Data Sharing Must Include Strong Safeguards

EDPS: EU–U.S. Data Sharing Must Include Strong Safeguards

📅On 17 September 2025, the European Data Protection Supervisor (EDPS) issued a formal Opinion on the European Commission’s plan to negotiate a new framework for EU–U.S. data sharing — directly tied to the U.S. Visa Waiver Program and border security…

October 3, 2025
2 minute read
The AI Act: Europe’s Bet on Trustworthy Artificial Intelligence

The AI Act: Europe’s Bet on Trustworthy Artificial Intelligence

The European Union has set a global precedent once again. With the AI Act, it has established the world’s first comprehensive legal framework for artificial intelligence. Much like GDPR did for data privacy, the AI Act is designed not only…

October 3, 2025
4 minute read
Europe’s Data Act: A Wake-Up Call for Business Leaders

Europe’s Data Act: A Wake-Up Call for Business Leaders

When the European Union adopted the Data Act in 2023, Brussels hailed it as a milestone. For the first time, legislation sought not only to protect personal data—as the General Data Protection Regulation (GDPR) did—but to regulate the broader economic…

September 27, 2025
6 minute read
The EU Data Act Is Now Fully Enforceable

The EU Data Act Is Now Fully Enforceable

This week marks a pivotal moment in European data regulation. The EU Data Act is officially applicable, introducing sweeping new rules that redefine how organizations must handle non-personal data. Key Obligations Executives & Compliance Leaders Need to Know: 1. Data access and portability:…

September 19, 2025
2 minute read
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