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Office of Management and Budget Risk Management

BakerHostetler

FedRAMP Rewritten: OMB Publishes Guidance with FedRAMP’s Updated Vision, Scope and Governance Structure

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To dramatically scale up the Modernizing the Federal Risk and Authorization Management Program (FedRAMP) marketplace, the Office of Management and Budget (OMB) has completely rewritten FedRAMP’s vision, scope and governance...more

Akin Gump Strauss Hauer & Feld LLP

Akin Intelligence - April/May 2024

Welcome to the April-May edition of Akin Intelligence. This edition is a double header, covering both months as we prepare for the launch of our new AI Hub—a one-stop resource for AI coverage that will launch soon. Starting...more

Moore & Van Allen PLLC

Recent AI Laws and Regulation Updates

The legal landscape surrounding the creation, use and governance of artificial intelligence (AI) is rapidly changing and growing, imposing significant obligations on business and new rights for individuals. In recent months,...more

Benesch

Government-Wide Policy Provides Federal Agencies Governance Structure and Standards for Use of Artificial Intelligence

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Marking the first effort to establish an artificial intelligence (“AI”) governance structure for the federal government, the AI Memorandum contains requirements and recommendations for federal agencies’ AI use that...more

Sheppard Mullin Richter & Hampton LLP

Better Safe Than Sorry: OMB Releases Memorandum on Managing AI Risks in the Federal Government

On March 28, 2024, the Office of Management and Budget (“OMB”) issued Memorandum M-24-10, Advancing Governance, Innovation, and Risk Management for Agency Use of Artificial Intelligence (the “Memo”). This is the final version...more

Blank Rome LLP

OMB Embraces Government Use of Artificial Intelligence

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Last month, the Office of Management and Budget (“OMB”) issued a memorandum directing federal agencies to adopt artificial intelligence (“AI”) and advance its use to inform and carry out agency actions. OMB’s new policy...more

Hogan Lovells

U.S. OMB policy for AI use and procurement emphasizes governance, transparency, and risk management

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The U.S. Office of Management and Budget (OMB) recently published a final memorandum (AI Memo) adopting requirements on federal agencies’ oversight, procurement, and use of artificial intelligence. The AI Memo requires...more

Kilpatrick

OMB Releases Policy to Advance Governance, Innovation, and Risk Management for Federal Agency Use of Artificial Intelligence

Kilpatrick on

In today's rapidly evolving technological landscape, artificial intelligence (“AI”), and particularly generative AI, continues to develop as a powerful tool not only for industry but also government entities. The successful...more

Mintz - Antitrust Viewpoints

OMB Issues Guidance to Federal Agencies on the Use of Artificial Intelligence — AI: The Washington Report

Pursuant to President Biden’s October 2023 executive order on AI, in March 2024 the Office of Management and Budget issued a memorandum directing the use of AI by federal agencies. Among other provisions, the memorandum...more

Perkins Coie

Office of Management and Budget Issues New Requirements for Federal Agencies’ Use of AI

Perkins Coie on

The Office of Management and Budget (OMB), part of the Executive Office of the President, recently issued a memorandum (the Memorandum) containing requirements and recommendations for executive agencies regarding those...more

Fenwick & West LLP

What the New Federal AI Rules Mean for Govt. Contractors

Fenwick & West LLP on

The Biden Administration recently issued its clearest articulation yet of how federal agencies can use AI—and no surprise: There are big implications for companies delivering AI solutions to federal government customers....more

Schwabe, Williamson & Wyatt PC

A Call for Public Input on AI Procurement

The Office of Management and Budget (OMB) has issued a Request for Information (RFI) seeking public input on ensuring the responsible procurement of artificial intelligence (AI) systems and services by federal agencies. This...more

Wiley Rein LLP

Heading into 2024, Federal AI Activity Ramps Up After AI Executive Order

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2023 has been a big year for AI with the landmark Executive Order for Safe, Secure, and Trustworthy Artificial Intelligence (EO) adding to the already busy and dynamic AI landscape. Issued less than two months ago, the EO has...more

Seward & Kissel LLP

SEC Issues Updated Fall 2023 Regulatory Agenda

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Who may be interested: Registered Investment Companies, Investment Advisers - Quick Take: The Office of Information and Regulatory Affairs, a division of the Office of Management and Budget, recently issued the Fall 2023...more

Braumiller Law Group, PLLC

November 2023 Newsletter

In recent years, the global spotlight has illuminated the grave concerns surrounding human rights violations within China's Xinjiang region, particularly those impacting the Uyghur population. The Uyghur Forced Labor...more

Mintz - Antitrust Viewpoints

OMB Releases Draft Guidance to Agencies on Implementing Biden’s AI Executive Order — AI: The Washington Report

Welcome to this week's issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies. The accelerating advances in artificial intelligence (“AI”) and the practical,...more

Davis Wright Tremaine LLP

White House Ushers in New Era of Regulation With Landmark Executive Order on Artificial Intelligence

The AI executive order moves the U.S. closer to a broader unified approach on federal AI regulation, expanding on the AI Bill of Rights and NIST AI Risk Management Framework and focusing on the responsible development and...more

Wiley Rein LLP

OMB Proposes Far-Reaching AI Risk Management Guidance Following AI Executive Order

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On November 1, 2023, the Office of Management and Budget (OMB) released a Proposed Memorandum on Advancing Governance, Innovation, and Risk Management for Agency Use of Artificial Intelligence (Draft Memorandum), which aims...more

Seyfarth Shaw LLP

How the Federal Government’s AI Risk Management Practices Will Set the Standard: A Closer Look at Government Action Following...

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Seyfarth Synopsis: Following President Biden’s comprehensive Executive Order on AI, the White House announced the formation of the “US AI Safety Institute” within the Commerce Department’s technology arm, the NIST. The...more

Morrison & Foerster LLP - Government...

National Security And Government Contractor Implications Of Biden AI Executive Order

The Biden administration issued a widely anticipated executive order on artificial intelligence (“AI”) earlier this week. The Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence...more

Morrison & Foerster LLP - Government...

The FAR Council’s Proposed Cybersecurity Overhaul: Lots Of Questions, But Only Some Answers

In what can best be described as a tsunami of cybersecurity regulation, the Federal Acquisition Regulation (FAR) Council—consisting of the Department of Defense (DoD), General Services Administration (GSA), and National...more

Akin Gump Strauss Hauer & Feld LLP

NIST Zeroes In on AI: New Government Actions to Keep Up with Rapid Tech Advance

In response to the exponential growth of artificial intelligence (AI) technologies over the past few years, the United States (U.S.) Department of Commerce’s National Institute of Standards and Technology (NIST) has been...more

Rothwell, Figg, Ernst & Manbeck, P.C.

Regulating AI: An Overview of Federal Efforts

This first part of a two-part series on U.S. regulation of artificial intelligence systems provides an overview and modern context for the existing regulatory, legal and risk management landscape for AI systems in the U.S.,...more

Wiley Rein LLP

Federal Legislators Are Taking AI Implementation and Oversight Seriously

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Congress is increasingly focused on potential new approaches to the responsible development and use of artificial intelligence (AI), with some members calling for enhanced oversight of AI systems. Most recently, on June 21,...more

Dechert LLP

Artificial Intelligence: Monitoring Regulatory Developments

Dechert LLP on

As artificial intelligence (AI) continues to rapidly evolve, policymakers are increasingly focused on its regulation to ensure the protection of individuals and the broader public interest. Following the publication of...more

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