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What’s New at Eris Law Advokatbyrå AB 

We are excited to announce that starting next week, you will be able to subscribe to our newsletter directly. Our upcoming 24th edition will be delivered straight to your inbox, ensuring you never miss important updates, insights, or announcements from Eris Law.

Stay tuned for the subscription launch — we will share the official announcement on LinkedIn, and a subscription pop-up will be available on our website for easy sign-up.

Fintech

Sweden Makes It Easier to List Securities: The Swedish government has proposed a new bill aimed at making it easier for companies to list securities and raise capital. The legislation would implement changes required by recent EU financial markets rules and introduce a segment for growth markets for smaller companies under the lag om värdepappersmarknaden (Swedish Securities Market Act). It also includes updates to administrative penalty calculations under the market abuse regime and raises the threshold for prospectus obligations from 2.5 million to 12 million euros under the national rules supplementing the EU:s prospektförordning (EU Prospectus Regulation). Issuers with Sweden as their home member state would be able to prepare prospectuses in Swedish or English, enhancing flexibility and competitiveness.

Sweden Boosts Consumer Protection for Online Financial Deals: Digital financial services are now firmly in the legislator’s spotlight as the Swedish government proposes stronger consumer protection rules for distance contracts. The bill responds to increasingly complex online sales practices and aims to ensure that consumers receive clear and balanced information before entering financial agreements. It introduces safeguards against misleading digital design and requires that consumers are better informed about risks and suitability. The proposal is intended to make online financial contracting more transparent and to strengthen trust in digital financial services. 

Europe’s Fintech Champions of 2025: Europe’s fintech scene in 2025 is powering ahead with startups and scale-ups reshaping digital banking, payments and cross-border financial services. Leading the charge are innovators like Revolut, Klarna and Wise, which are expanding their global reach and simplifying everyday finance through technology. The region’s supportive regulatory framework and rapid adoption of open banking and embedded finance have helped these companies accelerate growth and challenge traditional banks. These fintech leaders are not only transforming how people manage money but also setting the pace for financial innovation across the continent.

GDPR

Positive perspectives on EU Digital Omnibus: The European Commission has proposed a wide-ranging “digital omnibus” legislative package that would amend both the Artificial Intelligence Act and the General Data Protection Regulation (GDPR) to respond to concerns that Europe is lagging in the global tech and AI race. The omnibus, which allows multiple laws to be updated in a single vehicle, aims to delay strict enforcement dates for high-risk AI systems while easing certain GDPR requirements for AI development and data use, such as expanding the legitimate interest basis for processing personal data in AI contexts. Although core protections remain, critics argue the changes signal a partial shift away from Europe’s historically stringent digital regulatory stance toward greater flexibility for innovation and competitiveness. 

EU Tightens Rules on GDPR Enforcement Procedure: The European Parliament and Council have adopted Regulation (EU) 2025/2518, introducing additional procedural rules for enforcing the General Data Protection Regulation (GDPR) across the EU. The new regulation clarifies how supervisory authorities should handle investigations and enforcement actions to ensure consistent application of GDPR obligations by data controllers and processors. It aims to strengthen cooperation between national data protection authorities and streamline cross-border enforcement, particularly in complex cases involving multiple EU jurisdictions. These procedural enhancements are intended to make GDPR enforcement more predictable and effective for both regulators and organizations subject to EU data protection rules. 

Insights Shape Future U.S. Federal Privacy Law: Stakeholders across industry, advocacy groups and the privacy community responded to the U.S. House Privacy Working Group with detailed comments on priorities for a prospective federal privacy law. Common themes included calls for clarity on data subject rights, strong enforcement mechanisms and harmonization with existing state laws such as the California Consumer Privacy Act. Many contributors urged a federal framework that balances robust consumer protections with innovation and practical compliance burdens for organizations of all sizes. These public inputs may heavily influence the development of federal privacy legislation in the United States as lawmakers consider how best to unify the nation’s patchwork of privacy rules.  

Telecom

Smartphone Market Forecast Takes a Hit After “Ramageddon”: Global smartphone shipments are now expected to grow more slowly than previously forecast after a period of intense supply chain disruption analysts have dubbed “Ramageddon.” Counterpoint Research cut its outlook for worldwide smartphone sales as device makers continue to face production delays and component shortages, particularly affecting major markets. The revision reflects weaker demand in key regions and a challenging economic environment that is curbing consumer upgrades. As a result, the global smartphone market is poised for a more subdued growth trajectory this year compared to earlier predictions. 

Ericsson Secures Major 5G Upgrade with STC: Ericsson has won a significant contract to upgrade 5G infrastructure for Saudi Telecom Company (STC), reinforcing its position in the Middle East market. The deal includes improvements aimed at network performance and capacity as demand for advanced mobile connectivity grows. STC’s investment reflects the strategic importance of 5G evolution in supporting data traffic and enterprise services across the region. For Ericsson, the agreement represents continued momentum in securing large-scale 5G deployments globally. 

UK and Google Join Forces to Explore Quantum Opportunities: The United Kingdom government and Google have launched a partnership to identify practical use cases for quantum computing within industry and infrastructure. The collaboration aims to bridge the gap between emerging quantum technologies and real-world applications, particularly in areas where classical computing reaches its limits. By combining public and private sector expertise, the initiative seeks to accelerate innovation and position the UK as a leader in quantum advancements. This coordinated effort reflects growing global interest in harnessing quantum potential for future economic and technological growth.

AI 

The State of Enterprise AI 2025: OpenAI’s 2025 report reveals a dramatic surge in enterprise AI adoption, with ChatGPT usage growing eightfold and structured workflows like Custom GPTs increasing nineteenfold, signaling deeper integration into business operations. Companies report saving 40–60 minutes daily and leveraging AI for advanced tasks such as coding and data analysis, driving improvements in revenue, customer experience, and innovation. Adoption is global and cross-sector, with notable growth in technology, healthcare, and manufacturing, and API usage rising over 70% in countries like Japan, Australia, and France. 

Sweden Advances Work on National AI Strategy: The Swedish government is accelerating efforts to develop a national AI strategy, coordinated by an AI Secretariat within the Ministry of Finance and supported by cross-ministerial groups. Scheduled for release in spring 2026, the strategy is part of the broader Digitalisation Strategy 2025–2030 and aims to boost welfare, competitiveness, innovation, and sustainability through AI adoption. To ensure effective implementation, new governance structures and collaborative mechanisms have been established across departments.  

EU Commission Launches Antitrust Probe into Google’s AI Content UseThe European Commission has initiated a formal antitrust investigation into Google over potentially unfair use of web publishers’ content and YouTube uploads to power its AI services, including “AI Overviews” and “AI Mode,” without adequate compensation or opt-out options. The probe will assess whether Google’s practices distort competition by granting itself privileged access to content and disadvantaging other AI developers. If confirmed, these actions could violate EU competition rules under Article 102 TFEU and Article 54 of the EEA Agreement. 

Cybersecurity

Sweden Proposes National Measures for EU Cyber Resilience Regulation: The Swedish government has appointed a special investigator to assess and recommend necessary legal adjustments to align national legislation with the EU’s Cyber Resilience Act, with the report (SOU 2025:115) set for completion by December 2025. The mandate includes identifying suitable national authorities to oversee conformity assessments and market surveillance, as well as drafting relevant legislative proposals to support full compliance when the regulation takes effect. The initiative ensures Sweden’s preparedness to implement robust cybersecurity standards for digital products and services within the EU regulatory framework. 

Cybersecurity Forecast 2026: Google Cloud’s Threat Intelligence team predicts that 2026 will see a surge in AI-driven cyberattacks, with adversaries increasingly using generative AI for phishing, malware development, and social engineering at scale. The report anticipates more sophisticated supply chain compromises and identity-based attacks, as well as growing exploitation of cloud misconfigurations and API vulnerabilities. To counter these trends, organizations are urged to adopt proactive defense strategies, including AI-powered threat detection, zero-trust architectures, and continuous security posture management. 

New Rules to Combat Fraud and Misleading Practices via Electronic Communications: The Swedish government proposes new legislation to prevent the use of electronic communication services for fraud or large-scale deception. Providers of publicly available number-based interpersonal communication services will be required to block messages suspected of being linked to fraud or misleading practices, without inspecting message content. The proposal also introduces a voluntary SMS sender ID registry managed by the Post and Telecom Authority (PTS), enabling automated checks to reduce spoofing and smishing, and grants providers limited rights to process traffic data for fraud prevention, with all measures set to take effect on 1 August 2026. 

Intellectual Property

EUIPO and Europol Intensify Crackdown on Counterfeit Toys: Ahead of the holiday season, EUIPO continues its support for Europol’s Operation LUDUS to combat the surge of counterfeit toys in the EU market. Since 2023, the operation has seized 16.6 million toy packages worth €36.8 million and reported 555 individuals, highlighting the growing threat to child safety and the economy. Consumers are urged to buy from trusted sources and check for CE marks, while EUIPO facilitates enforcement through its Intellectual Property Enforcement Portal, strengthening cross-border cooperation against fake goods.  

New York Times Sues Perplexity AI Over Alleged Copyright Breach: The New York Times has filed a lawsuit in federal court accusing Perplexity AI of unlawfully copying, distributing, and displaying millions of its articles—many behind paywalls—to power its AI products without permission. The complaint also alleges that Perplexity generated fabricated content (“hallucinations”) wrongly attributed to The Times alongside its trademarks. The newspaper is seeking damages, an injunction to halt the unauthorized use of its content, and is part of a broader wave of similar legal actions from major publishers. 

New York Times Files Copyright Lawsuit Against Perplexity AI: The New York Times has sued Perplexity AI, alleging that the startup copied and distributed millions of its articles—including paywalled content—without authorization to train and power its AI tools. The lawsuit also claims Perplexity produced inaccurate summaries falsely attributed to The Times, raising concerns about reputational harm and trademark misuse. The Times seeks damages and an injunction, marking another major legal challenge for AI companies over content usage rights. 

Tariffs &Trade War

Trade Tensions Mount as Legal and Economic Pressures Grow for the US: Growing trade tensions tied to tariff policies are increasingly affecting markets as businesses and governments grapple with both legal challenges and economic fallout. Concerns over escalating tariffs have intensified as companies face higher costs and supply chain disruptions, while legal disputes seek to clarify the reach and impact of these measures. The uncertainty has weighed on investor sentiment and is shaping forecasts for affected sectors, highlighting the complex interplay between policy decisions and global financial stability. In this evolving environment, market participants are closely watching how legal actions and government responses will influence future trade dynamics. 

Macron Pushes for Cooperative EU-China Economic Balance: French President Emmanuel Macron has called for a rebalancing of economic relations between the European Union and China, arguing that tariffs and quotas are not constructive solutions to trade imbalances. Macron highlighted opportunities for cooperation in clean energy, services and investment while acknowledging structural factors behind the EU’s trade deficit with China. He emphasized that both sides can address imbalances through competitiveness, innovation and mutual dialogue rather than confrontation. Chinese experts quoted in the article stressed that cooperation, not protectionism, offers a more sustainable path for long-term economic partnership. 

Canada Posts Trade Surplus for First Time Since Trade War: For the first time since the United States-China trade war began, Canada exported more goods than it imported, marking a notable shift in the nation’s trade balance. The improvement was driven by stronger demand for Canadian products abroad and moderating import levels, reflecting a more favorable economic position. Analysts note that while this surplus is a positive signal for the Canadian economy, broader global trade tensions still pose risks that could influence future performance. The development underscores how changing trade patterns are impacting national economies amid ongoing geopolitical friction. 

Upcoming Events

  • AI Sweden – GenAI Lunch n’ Learn 

Date:  January 30, 2026

Time:  To be announced

Location: Online

Registration: Link 

  • ENISA European Cybersecurity Skills Conference 2026

Date: March 04 – 05, 2026

Time:  9:00am to 4:00pm (Europe/Athens)

Location: To be announced

Registration: Link 

  • 10th Cybersecurity Standardisation Conference 

Date: Mar 12, 2026 

Time: 9:00am to 5:00pm (CEST) 

Location: Brussels Marriott Hotel Grand Place, Brussels, Belgium 

Registration: Link 

Meet The Team

Katarina Bohm Hallkvist

CEO & Advokat

Editor-in-Chief

Andres Alma

Senior Legal Advisor

Reporteur

Ariunzaya Munkhbat

Cybersecurity Legal Consultant

Reporteur

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