On October 7, 2026, the Supervisor of Banks at the Bank of Israel issued Circular H-06-2862, amending Section 87A of Proper Conduct of Banking Business Directive 411 on the management of money laundering and terror financing risks. The amendment changes the way Israeli banks handle payment services connected to customers' virtual currency activity. Its central rule is that a bank ...
On October 14, 2026, the EU published an Implementing Decision on the first harmonized standard supporting the EU AI Act: "Artificial intelligence - Quality management system for EU AI Act regulatory purposes." In the same week, the European Commission announced it had taken its first enforcement actions under the EU AI Act against providers of general-purpose AI models. Together, they ...
On October 7, 2026, the U.S. Copyright Office published a Notice of Inquiry in the Federal Register seeking public comment on music streaming fraud, including its prevalence, its economic effects, its relationship to AI-generated music, and possible voluntary, statutory and regulatory solutions. The inquiry responds to a May 21, 2026, letter from Representative Scott Fitzgerald, a member of the House ...
On October 21, 2026, the First Judicial District Court of New Mexico in Santa Fe County entered its Findings of Fact, Conclusions of Law and Judgment in State of New Mexico v. Facebook, Inc., imposing a civil penalty of $25 billion on Meta Platforms, Inc. (formerly Facebook, Inc.) for violations of the New Mexico Unfair Practices Act. As the New ...
On September 29, 2026, the U.S. Court of Appeals for the Third Circuit affirmed the District of Delaware's partial summary judgment in Thomson Reuters Enterprise Centre GmbH v. ROSS Intelligence Inc., holding that Westlaw's editorial headnotes are protected by copyright and that ROSS's use of them to train an AI-powered legal research tool was not fair use. The unanimous opinion ...
On October 21, 2026, the European Commission opened formal proceedings against Booking.com under the Digital Services Act (DSA) to assess whether the platform has failed to diligently assess and effectively mitigate the risks arising from fraudulent listings and phishing scams, and whether it has breached the DSA's advertising transparency rules by failing to clearly label as advertisements listings whose providers ...
On October 2, 2026, the Norwegian Data Protection Authority (Datatilsynet) issued a final decision fining Xandr Inc., the advertising technology company formerly known as AppNexus and now part of Microsoft, NOK 92 million (approximately EUR 8.6 million) for unlawfully processing personal data of users of the Grindr dating app in real-time bidding for advertising. The decision found that Xandr violated ...
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