Topic: Artificial intelligence
Subscribe to Artificial intelligenceEurope takes the early lead: Lawmakers pass landmark AI legislation
March 13, 2024
On March 13, the EU Parliament voted to adopt the EU’s AI Act. The AI Act is the EU’s first comprehensive legislation setting rules regulating artificial intelligence on an EU-wide basis.
UK government's response to AI White Paper consultation: Next steps for implementing the principles
March 04, 2024
The UK Department for Science, Innovation, and Technology (DSIT) has published its response to its consultation on its white paper, ‘A pro innovation approach to AI regulation’ (the Response). The Response outlines key investment initiatives and regulatory steps.
Singapore proposes Governance Framework for Generative AI
February 04, 2024
On 16 January 2023, Singapore’s Infocomm Media Development Authority (IMDA), in collaboration with the AI Verify Foundation, announced a public consultation on its draft Model AI Governance Framework for Generative AI (Draft GenAI Governance Framework), showing the areas where future policy interventions relating to generative AI may take place and options for such intervention.
NYDFS issues significant guidance on insurers using AI or external data
February 02, 2024
On January 17, 2024 the New York Department of Financial Services (“NYDFS”) published a Proposed Insurance Circular Letter (“Proposed Circular”) regarding the use of artificial intelligence systems (“AIS”) and external consumer data and information sources (“ECDIS”) in insurance underwriting and pricing.
Managing AI risks and legal implications, effective cybersecurity, ensuring privacy and the integrity of organizational records
December 21, 2023
In a world where generative AI is driving innovation and technology is outpacing legislation, there’s a lot for companies to consider to maintain operational effectiveness and minimize risk.
The UK CMA’s AI Foundation Models Initial Report
December 13, 2023
The CMA’s Initial Report (Report), published on 18 September 2023, considers three levels of the AI Foundation Model (FM) value chain (although it focuses predominantly on the first two levels).
The Power of AI: How is artificial intelligence transforming financial services?
December 13, 2023
We have published a new global report, The Power of AI: How is artificial intelligence transforming financing services, which features responses from a cross-section of financial services clients surveyed around the world in relation to the use of artificial intelligence (AI) or machine learning (ML) solutions.
The EU’s AI Act: the position is agreed
December 12, 2023
In the early hours of the morning of Saturday 9 December 2023, the European Parliament (the Parliament) and the Council of the EU (the Council) reached an agreement on the outstanding points on the EU’s Regulation on artificial intelligence (AI Act).
Artificial Intelligence (Regulation) Bill: UK Private Members’ Bill underscores wide-spread regulatory concerns
November 27, 2023
A Private Members’ Bill, the Artificial Intelligence (Regulation) Bill (the Bill), has been introduced into House of Lords (the UK’s upper House of the UK Parliament) and is currently at the second Parliamentary stage.
President Biden issues sweeping artificial intelligence directives targeting safety, security and trust
November 09, 2023
On October 30, 2023, after recognizing that Artificial Intelligence (AI) is the most consequential technology of our time and anticipating that it will accelerate more technological change in the next five to ten years than witnessed in the past fifty, President Biden issued an Executive Order directing actions to establish new AI standards.