Regulatory Landscape for Software, AI and Cybersecurity
Autonomous vehicles that suddenly brake for no reason, security vulnerabilities in smart door locks, or a smart fridge that orders too much food without human intervention – What are the liability risks?
In the current era of digitalisation and global interconnectivity of products, it is imperative to comprehend the numerous regulatory requirements and their alterations that impact the placement of products in both the domestic and EU markets, both in terms of product compliance and the associated market impact. This is of particular interest to Asian companies wishing to enter the European market, as it is one of the largest markets in the world. Even if a company does not have a registered office or branch in the European Union, the strict EU regulatory requirements for products apply to international companies as soon as they make their product available on the EU market. It is therefore essential for an international company to consider product regulation under both domestic and European law to identify potential synergies. The rapid development of software and artificial intelligence (AI) and the growing global cyber threat are creating new challenges for product safety and liability law. The regulation of cybersecurity and AI is coming to the fore with several new regulations. From transparent documentation of software and AI development to safety testing and liability for malfunctions, regulatory requirements require basic understanding and preparation. AI is a critical factor for market entry in the EU, and companies should be proactive in minimising legal risks.
In cooperation with experts from the leading law firms Allen & Gledhill LLP (Singapore) and Nishimura & Asahi (Japan), we are pleased to invite you to our webinar series. This will provide companies with a practical overview of the regulatory requirements, latest news and practical insights for placing products on the European market.
Our approach is to provide you with a webinarseries that will offer reliable information on domestic product law and the challenges of entering the European market from a practical point of view. Drawing on real-life scenarios, we will elucidate the distinctions and parallels between European regulations and those in effect in Singapore and Japan, adopting a comprehensive, all-in-one approach.
Session 1
Speaker
- Tay Yong Seng, Partner, Allen & Gledhill LLP
Agenda
- Product failures and global action: Learn from real-world cases involving product liability and defects, involving industries like automotive, power generation and engineering industries.
- Singapore’s regulatory framework: Gain insights into navigating domestic laws and bridging the gaps between Singaporean laws and international product liability regimes.
- Proactive incident management: Discover strategies for effectively managing incidents and recalls to build trust and ensure compliance.
- Expert legal advice: Benefit from Allen & Gledhill LLP’s expertise in cross-border transactions and complex disputes, providing practical advice for companies entering or operating in Singapore or Asia markets, especially in international arbitration and cross-border dispute resolution involving counterparties in Asia.
Allen & Gledhill LLP is a leading law firm in Singapore with over 100 years of distinguished experience. With offices in Singapore, Malaysia, Myanmar, China, Vietnam and Indonesia and a regional network of partner firms, Allen & Gledhill LLP provides seamless legal services throughout Southeast Asia. Recognized as one of Singapore’s leading law firms, Allen & Gledhill LLP offers comprehensive legal expertise in a wide range of practice areas, including corporate, finance, dispute resolution and regulatory compliance. With extensive experience in handling cross-border transactions and complex legal matters, the firm positions itself as a trusted advisor to clients navigating the dynamic landscape of Southeast Asia and beyond.
Session 2
Speaker
Gai Matsushita, Partner, Nishimura & Asahi
Agenda
- Regulations for AI-enabled products in Japan: Explore product-specific requirements under Japanese law, including AI, data compliance and cybersecurity regulations.
- Comprehensive Legal Expertise: Nishimura & Asahi offers insights on data compliance, intellectual property, digital transformation, and machine learning.
- Tailored Strategic Solutions: Discover strategies for launching and developing AI-based products in the Japanese market, addressing the needs of start-ups and multinationals alike.
- Leveraging Innovation Amid Regulations: Learn how to navigate Japan’s challenging regulatory landscape while capitalizing on innovation and technological advances.
Nishimura & Asahi is a top-tier Japanese law firm with an outstanding track record, operating from 21 offices across three continents and employing over 800 dedicated professionals. Nishimura & Asahi is Japan’s largest full-service law firm, offering extensive expertise in a wide range of practice areas, including corporate, dispute resolution, finance and regulatory compliance. The firm is also at the forefront of emerging fields, with strong specialization in IT, intellectual property, artificial intelligence and data compliance, ensuring innovative and forward-looking legal solutions for its clients
Session 3
Speaker
- Philipp Reusch, Founding Partner, reuschlaw
- Christina Kiefer, Senior Associate, reuschlaw
Agenda
- Key EU regulatory developments: Understand the latest regulations, including the Artificial Intelligence Act, new rules on cybersecurity and cyber resilience as well as the impact of EU data law on product development and improvement.
- Product safety and liability: Find out about the general requirements for digital products placed on the EU market.
- Supply chain compliance: Explore the stringent EU requirements for product safety in the supply chain and their impact on businesses.
- Risk management and compliance: Discover strategies to minimize legal risks while capitalizing on opportunities through effective risk management practices.
With over 20 years of experience as Europe’s leading product liability law firm based in Germany, we, reuschlaw, provide our clients with comprehensive support for all legal aspects of their products. Our holistic approach covers liability, product safety, contract law, cybersecurity, data protection, and IT law. From product development through to recycling. From market access to market actions and recalls. Our experts are familiar with national and international requirements and can map and update all markets and target countries for our clients, whether for bricks and mortar or online retail.