Legal & Tax Insights

2024

WTS  Newsletter

In an era marked by the relentless march of technological advancements, the traditional practice
of signing documents with wet ink is facing an unprecedented challenge from the digital frontier.
In the realm of document authentication, the traditional stroke of wet ink on paper has long
stood as a symbol of validity and commitment.

WTS  Newsletter

Margrethe Vestager, the Executive Vice-President for A Europe Fit for the Digital Age, profoundly
captured the transformative power of Artificial Intelligence (“AI”) with her words: “Artificial
Intelligence (AI) has the potential to change the way we work and live and promises enormous
benefits to the global community”. With the European Union leading the charge, the world’s
first comprehensive AI regulation officially came into force on 1 August 2024, marking a historic
step in shaping the future of AI governance.

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