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Risk-Based Approaches

WilmerHale

Obligations for Deployers, Providers, Importers and Distributors of High-Risk AI Systems in the European Union’s Artificial...

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In this blog post, we will focus on obligations that the European Union’s Artificial Intelligence Act (AI Act) sets for deployers, providers, importers and distributors regarding high-risk AI systems....more

DLA Piper

From Innovation to Implementation: Regulating AI in Aotearoa New Zealand

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It’s fair to say that Aotearoa New Zealand’s approach to regulation (and empowerment) of the rapid adoption of AI-enabled solutions has been conspicuous in its absence to date. New Zealand’s Privacy Commissioner is the only...more

Robinson+Cole Data Privacy + Security Insider

Colorado’s First of its Kind Consumer Protections for Artificial Intelligence

On May 17, 2024, Colorado Governor Jared Polis signed, “with reservations,” Senate Bill 42-205, “Concerning Consumer Protections in Interactions with Artificial Intelligence Systems” (the Act). The first of its kind in the...more

Baker Donelson

EU AI Act Tightens Grip on High-Risk AI Systems: Five Critical Questions for U.S. Companies

Baker Donelson on

A new era of AI legislation has begun as the EU AI Act enters into force on August 1, 2024. With broad extraterritorial reach, significant penalties of up to seven percent of worldwide annual turnover, and an emphasis on...more

Polsinelli

The EU AI Act is Here, and the Clock is Ticking!

Polsinelli on

The EU AI Act is here, folks! Now that the Act has been officially published in the OJEU, it will go into force in 7 days on August 2, 2024. Now is the time to set your timers to align with the compliance calendar...more

WilmerHale

What Are High-Risk AI Systems Within the Meaning of the EU’s AI Act, and What Requirements Apply to Them?

WilmerHale on

In this blog post, we will focus on the identification of “high-risk AI systems” under the Artificial Intelligence Act (“AI Act”) and the requirements applying to such systems. As explained in our previous blog posts, the AI...more

Fenwick & West LLP

BIS Report Highlights Increased U.S. Export Controls Enforcement and Risks to Industry

Fenwick & West LLP on

The Bureau of Industry and Security (BIS) released its latest Don’t Let This Happen to You! report, summarizing recent U.S. export control civil and criminal enforcement actions....more

Latham & Watkins LLP

EU AI Act: Navigating a Brave New World

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After three years of legislative debate, the Council of the European Union cast its final vote on the European Union (EU) Artificial Intelligence (AI) Act on 21 May 2024. Once published in the EU Official Journal in June, the...more

Ankura

The EU’s AI Act: Obligations of AI Users and GDPR Article 35

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In December 2023, European Union (EU) lawmakers reached an agreement on the EU AI Act. In our article titled An Introduction to the EU AI Act, we focused on applicability, thresholds, timing, and penalties related to the EU...more

WilmerHale

Prohibited AI Practices - A Deep Dive into Article 5 of the European Union’s AI Act

WilmerHale on

This blog post focuses on Artificial Intelligence (AI) practices prohibited under the EU AI Act. Article 5 of the AI Act essentially prohibits AI practices that materially distort peoples’ behavior or that raise serious...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

European Parliament Adopts Artificial Intelligence Act

On March 13, 2024, European Union policymakers finally passed the long anticipated Artificial Intelligence Act (AI Act), the world’s first comprehensive artificial intelligence (AI) legislation, providing employers with...more

Foster Garvey PC

European Union's AI Act: Landmark Legislation for Artificial Intelligence

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On March 13, 2024, the European Parliament approved the Artificial Intelligence (AI) Act. This law is the first-ever comprehensive legal framework on AI and will likely be a model around the world. The AI Act takes a...more

Goodwin

Series 1 - The World’s First AI Regulation Is Here

Goodwin on

Yesterday, March 13, 2024, the European Parliament approved the EU Artificial Intelligence Act (“AI Act”), a sweeping AI governance framework which presents the first comprehensive law in the world aimed at ensuring AI...more

Baker Donelson

Who's Who under the EU AI Act: Spotlight on Key Actors

Baker Donelson on

Who will play the leading role if we make a new series about AI? If you interview Steven Spielberg, Sundar Pichai, and Sam Altman, you might receive three distinct ideas ranging from the 2001 classic "AI: Artificial...more

Benesch

European Union Artificial Intelligence Act: An Overview

Benesch on

On March 13, 2024, the EU AI Act received its final assent from the EU Parliament with 523 votes in favor, 46 against and 49 abstentions, bringing it one step closer to adoption. Minor linguistic changes are still to be...more

Hudson Cook, LLP

CFPB Issues First Risk-Based Supervision Order

Hudson Cook, LLP on

On February 23, the Consumer Financial Protection Bureau announced its first decision designating a nonbank lender for supervision based on potential risk to consumers. As the CFPB emphasized in its press release, however,...more

Smart & Biggar

Medical Devices updates: Annual performance report, new guiding principles for PCCPs for machine learning-enabled medical devices,...

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Medical Devices Directorate Performance Annual Report - In September 2023, Health Canada published the Medical Devices Directorate Performance Annual Report for April 1, 2022, through March 31, 2023. The report provides...more

Nelson Mullins Riley & Scarborough LLP

[Hybrid Event] 2023 Value-Based Care Conference: Implementing Value-Based Strategies - November 2nd, Fort Lauderdale, FL

On Thursday November 2, Nelson Mullins will again host its annual and highly successful Value-Based Care Conference at the beautiful Tower Club in Fort Lauderdale. The keynote speaker will be Juliette Price, the Chief...more

Mintz

Foreshadowing Biden’s AI Executive Order? — AI: The Washington Report

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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

Latham & Watkins LLP

FRB Clarifies Supervision of Digital Assets and Bank-Fintech Partnerships

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A new program addresses innovative banking activities such as bank-fintech partnerships and digital assets while reinforcing guardrails around stablecoin activity. On August 8, 2023, the Board of Governors of the Federal...more

WilmerHale

European Parliament Adopts Negotiating Position on the AI Act

WilmerHale on

On June 14, 2023, the European Parliament adopted its negotiating position regarding the proposal of the European Commission for a regulation laying down harmonized rules on artificial intelligence. This is the most recent...more

WilmerHale

Building Ransomware Resilience - A Proactive Strategy for Businesses and Regulators

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The rise of ransomware attacks has prompted the international community to explore a range of approaches to deter these attacks, including the use of sanctions, the further development and instantiation of norms governing...more

McDermott Will & Emery

Investing In a Healthier Future: The Investor’s Perspective On Value-Based Care

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In this session, McDermott Will & Emery Partner Joel Rush moderated a discussion exploring investors’ interests in, opinions on and strategies for entering the value-based care (VBC) market. The panel discussed factors taken...more

Latham & Watkins LLP

Hong Kong Moves Forward With Major Update to Capital Regime for Insurance Companies

Latham & Watkins LLP on

Insurance Ordinance amendments would create a risk-based capital regime aligned with international standards. On 6 April 2023, the Hong Kong government introduced the Insurance (Amendment) Bill 2023 into the Legislative...more

Pillsbury - Policyholder Pulse blog

The Dangers of Dialogue: Ransomware Attackers Want to See Your Cyber Insurance Policy

Amidst the recent surge in ransomware attacks on U.S. businesses—with crypto criminals and sometimes State actors invading and encrypting computer and operating systems and extorting funds in exchange for the decryption...more

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