Latest news with #TCO
The Journal
3 days ago
- Politics
- The Journal
Ireland faces top EU court over delay in removing terrorist and bomb-making content online
IRELAND IS BEING taken to the European Union's top court for failing to follow key rules on removing terrorist and bomb-making content from the internet. The European Commission announced today that it has referred Ireland, along with Bulgaria and Portugal, to the Court of Justice of the EU, as the government has not fully implemented the Terrorist Content Online (TCO) Regulation. The regulation requires countries to make sure terrorist content is taken down from websites and social media platforms (within one hour of being told to do so). The rules, which came into effect in June 2022, are meant to stop extremist groups from spreading propaganda, recruiting people, or encouraging attacks online. Under the regulation, terrorist content includes any material that promotes or glorifies terrorist acts, encourages others to join or support terrorist groups, gives instructions for making or using weapons or explosives, or threatens to carry out an attack. The regulation also covers content related to explosives precursors — substances and materials that can be used to make bombs and other explosive devices. TCO regulation is designed to ensure that this type of content is removed swiftly to limit its spread and potential harm. Advertisement According to the Commission, Ireland has not met several basic requirements under the regulation. These include appointing and notifying a competent authority to issue and enforce removal orders, setting up a public contact point to handle questions and complaints about those orders, and putting in place a system of penalties for companies that fail to comply. Delayed Irish response While the Commission said that the Irish government has made some progress, it added it came too late and still falls short of full compliance. It wasn't until September 2024 – over two years after the rules came into force – that Coimisiún na Meán was appointed to handle penalties on service providers for breaches of the TCO Regulation. At the same time, the government confirmed that An Garda Síochána would act as the authority responsible for issuing takedown orders for terrorist content. The Commission has criticised the delays, arguing that these steps should have been in place much earlier to ensure effective enforcement. It had already warned Ireland in January 2023 through a formal notice, followed by a legal opinion in February 2024. With those concerns still unresolved, the Commission has now referred the case to the Court of Justice. If the court finds that Ireland has failed to meet its legal obligations, it could face financial penalties. Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
RTÉ News
3 days ago
- Politics
- RTÉ News
Ireland accused of failure to comply with European online terrorism rules
The European Commission is to refer Ireland, Bulgaria and Portugal to the Court of Justice of the European Union for failing to comply with certain obligations under the Terrorist Content Online (TCO) Regulation. The TCO Regulation, which became applicable on 7 June 2022, requires that terrorist content in the EU is taken down by online platforms within one hour upon receipt of a removal order issued by Member States' authorities. The Commission said that Ireland, Bulgaria and Portugal have failed to comply with one or more obligations under the TCO Regulation. "This includes the requirement to designate the authority or authorities responsible for enforcing the Regulation and ensuring compliance, and to notify the Commission of those authorities; to establish a public contact point to handle requests for clarification and feedback in relation to removal orders; and to lay down the rules and measures on penalties in case of non-compliance of hosting service providers with their legal obligations," the Commission said in a statement. "The Commission is therefore referring Bulgaria, Ireland and Portugal to the Court of Justice of the European Union," it added. The Department of Justice has been contacted for comment. In September 2024, the Department announced that the media regulator Coimisiún na Meán had been designated as the competent Irish authority to impose penalties on hosting service providers who do not comply with their obligations under the TCO Regulation. An Garda Síochána was announced as the authority competent in Ireland for issuing removal orders. Terrorist content refers to material shared online that, directly or indirectly, such as by the glorification of terrorist acts, advocates the commission of terrorist offences. The regulation covers content that solicits a person or a group of persons to commit or contribute to the commission of a terrorist offence or to participate in the activities of a terrorist group. Also covered is content that provides instructions on the making or use of explosives, firearms or other weapons, or content that constitutes a threat to commit a terrorist offence.
Shafaq News
04-06-2025
- Business
- Shafaq News
EU extends ban on Iraqi Airways flights
Shafaq News/ The European Union has extended its ban on Iraqi Airways flights for another six months, maintaining the carrier's exclusion from EU airspace, an Iraqi lawmaker confirmed on Wednesday. The decision comes despite a recent announcement by the Iraqi government that 71% of its corrective action plan—aimed at meeting EU aviation safety standards—has been completed. Karwan Ali Yarwese, a member of the Parliamentary Transport and Communications Committee, linked the EU's decision to Iraq's ongoing failure to meet international aviation benchmarks, citing continued non-compliance with International Civil Aviation Organization (ICAO) standards, outdated airport infrastructure, and other unresolved safety concerns. Transport Ministry spokesperson Maytham al-Safi clarified to Shafaq News that the EU's update was part of its regular biannual review of airlines subject to airspace restrictions, emphasizing that the decision does not represent a new sanction against the national carrier. Al-Safi also noted that Iraqi Airways has made gradual progress under the IATA Operational Safety Audit (IOSA) program. Completion of the remaining corrective actions, he added, would pave the way for the airline to seek Third Country Operator (TCO) certification, a necessary step to resume operations in European airspace. Earlier this year, Prime Minister Mohammed Shia al-Sudani appointed Minister of Reconstruction and Housing Benkin Rikani to lead the Civil Aviation Authority and accelerate efforts to meet EU criteria. The leadership shift coincided with the reinstatement of the former Iraqi Airways director and the signing of several aviation-related contracts aimed at regulatory improvements. Some of these agreements, however, are now under formal review. Iraq's Integrity Commission, along with several members of parliament, has opened investigations into multiple contracts, citing concerns over possible irregularities and a lack of transparency. The EU first imposed a flight ban on Iraqi Airways in 1991 following Iraq's invasion of Kuwait and the imposition of international sanctions. Although the restrictions were lifted in 2009, they were reinstated in 2015 due to ongoing breaches of aviation safety standards.
Business Upturn
03-06-2025
- Business
- Business Upturn
Semilux Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 20-F
Taipei, Taiwan, June 02, 2025 (GLOBE NEWSWIRE) — Semilux International Ltd. (NASDAQ:SELX) ('SELX' or the 'Company') announced that it received a delinquency notification letter on May 27, 2025 (the 'Deficiency Letter') from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the 'Nasdaq') notifying the Company that it is no longer in compliance with the Nasdaq Listing Rule 5250(c)(1) (the 'Listing Rule') for continued listing due to its failure to timely file its annual report on Form 20-F for the year ended December 31, 2024 (the 'Annual Report') with the U.S. Securities and Exchange Commission. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC. In accordance with Nasdaq's listing rules, the Company has 60 calendar days after the Deficiency Letter to submit a plan to regain compliance with the Listing Rule. Following receipt of such plan, Nasdaq may, at its discretion, grant an extension of up to 180 calendar days from the Annual Report's due date, or until November 11, 2025, for the Company to regain compliance. The Company was not able to file the Annual Report by the prescribed deadline as extended pursuant to Rule 12b-25(b)(2)(ii) under the Securities Exchange Act of 1934 primarily due to additional time being required to finalize its financial statements and complete the preparation of the Annual Report for the fiscal year ended December 31, 2024. The Company continues to work diligently to complete the Annual Report and intends to file it with the SEC as soon as reasonably practicable. The Deficiency Letter has no immediate impact on the listing of the Company's ordinary shares on the Nasdaq Capital Market. This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency. About Semilux International Ltd. Semilux is domiciled in the Cayman Islands and operates through its subsidiaries, Taiwan Color Optics, Inc. ('TCO') and Semilux Ltd. TCO is an optical and 3D sensing technology company that is primarily involved in the customization, design and supply of optical components and integrated chip for various industries including autonomous driving, intelligent lighting, as well as unmanned aerial vehicles. In collaboration with its clients, TCO conceptualizes and produces high precision optics and sensing modules that are specifically customized to clients' needs for ease of integration in overall design and production. Applications for TCO's products include automotive laser headlight systems, adaptive driving beams (ADB) as well as light detection and autonomous driving systems (LiDAR). More information can be found at: Safe Harbor Statement This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding SELX's expectations, intentions, strategies, and beliefs pertaining to future events or future financial performance. Actual events or results may differ materially from those in the forward-looking statements because of various important factors, including those described in the Company's most recent filings with the SEC. SELX assumes no obligation to update publicly any such forward-looking statements, whether because of new information, future events or otherwise. For a more complete description of the risks that could cause our actual results to differ from our current expectations, please see the sections entitled but not limited to, 'Management's Discussion and Analysis of Financial Condition and Results of Operations' and 'Risk Factors' in SELX's annual reports on Form 20-F and interim reports on Form 6-K filed with the SEC, as such factors may be updated from time to time in SELX's periodic filings with the SEC, which are accessible on the SEC's website at and at Investor Relations Contact: Email: [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
02-06-2025
- Business
- Yahoo
Semilux Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 20-F
Taipei, Taiwan, June 02, 2025 (GLOBE NEWSWIRE) -- Semilux International Ltd. (NASDAQ:SELX) ('SELX' or the 'Company') announced that it received a delinquency notification letter on May 27, 2025 (the 'Deficiency Letter') from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the 'Nasdaq') notifying the Company that it is no longer in compliance with the Nasdaq Listing Rule 5250(c)(1) (the 'Listing Rule') for continued listing due to its failure to timely file its annual report on Form 20-F for the year ended December 31, 2024 (the 'Annual Report') with the U.S. Securities and Exchange Commission. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC. In accordance with Nasdaq's listing rules, the Company has 60 calendar days after the Deficiency Letter to submit a plan to regain compliance with the Listing Rule. Following receipt of such plan, Nasdaq may, at its discretion, grant an extension of up to 180 calendar days from the Annual Report's due date, or until November 11, 2025, for the Company to regain compliance. The Company was not able to file the Annual Report by the prescribed deadline as extended pursuant to Rule 12b-25(b)(2)(ii) under the Securities Exchange Act of 1934 primarily due to additional time being required to finalize its financial statements and complete the preparation of the Annual Report for the fiscal year ended December 31, 2024. The Company continues to work diligently to complete the Annual Report and intends to file it with the SEC as soon as reasonably practicable. The Deficiency Letter has no immediate impact on the listing of the Company's ordinary shares on the Nasdaq Capital Market. This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency. About Semilux International Ltd. Semilux is domiciled in the Cayman Islands and operates through its subsidiaries, Taiwan Color Optics, Inc. ('TCO') and Semilux Ltd. TCO is an optical and 3D sensing technology company that is primarily involved in the customization, design and supply of optical components and integrated chip for various industries including autonomous driving, intelligent lighting, as well as unmanned aerial vehicles. In collaboration with its clients, TCO conceptualizes and produces high precision optics and sensing modules that are specifically customized to clients' needs for ease of integration in overall design and production. Applications for TCO's products include automotive laser headlight systems, adaptive driving beams (ADB) as well as light detection and autonomous driving systems (LiDAR). More information can be found at: Safe Harbor Statement This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding SELX's expectations, intentions, strategies, and beliefs pertaining to future events or future financial performance. Actual events or results may differ materially from those in the forward-looking statements because of various important factors, including those described in the Company's most recent filings with the SEC. SELX assumes no obligation to update publicly any such forward-looking statements, whether because of new information, future events or otherwise. For a more complete description of the risks that could cause our actual results to differ from our current expectations, please see the sections entitled but not limited to, 'Management's Discussion and Analysis of Financial Condition and Results of Operations' and 'Risk Factors' in SELX's annual reports on Form 20-F and interim reports on Form 6-K filed with the SEC, as such factors may be updated from time to time in SELX's periodic filings with the SEC, which are accessible on the SEC's website at and at Investor Relations Contact: Email: IR@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
