On January 13 2025, the UK Prime Minister announced the AI Opportunities Action Plan (Action Plan) and associated UK Government response.
Prepared by Matt Clifford CBE, the Action Plan is a series of 50 recommendations on...more
1/27/2025
/ Artificial Intelligence ,
Data Privacy ,
Data Protection ,
Data Security ,
Emerging Technologies ,
EU Action Plans ,
Innovation ,
Public Sector ,
Regulatory Agenda ,
Technology Sector ,
UK
On December 12 2024 the ICO published an outcomes report on its 2024 generative AI consultation series (the Report).
The Report addresses five key areas regarding generative AI and its relation to data protection:
-...more
On 6 November 2024, the Information Commissioner’s Office (ICO) published a report on the use of artificial intelligence (AI) in recruitment (the Report) following a series of consensual audits with developers and providers...more
As further initiatives come in to play and legislation is on the horizon, existing regulators (such as the ICO, CMA, Ofcom and FCA) continue to press on with their approach to AI regulation, including through the Digital...more
11/22/2024
/ Artificial Intelligence ,
Banking Sector ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Information Commissioner's Office (ICO) ,
Innovative Technology ,
Legislative Agendas ,
Machine Learning ,
Regulatory Agenda ,
Regulatory Requirements ,
Technology Sector ,
Transparency ,
UK ,
UK Competition and Markets Authority (CMA) ,
UK GDPR
As the EU presses ahead with its implementation of the AI Act, the UK continues to develop its evolutionary approach to AI policy and regulation. As the new Labour Government starts to implement its perspective and ahead of a...more
11/22/2024
/ Artificial Intelligence ,
Corporate Governance ,
Cybersecurity ,
Data Protection ,
Digital Data ,
EU ,
Human Rights ,
International Treaties ,
Legislative Agendas ,
Personal Data ,
Popular ,
Privacy Laws ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Technology Sector ,
UK ,
UK GDPR
This is the final note in a three-part series on the regulation of artificial intelligence in the financial services sector in the United States, the European Union and the United Kingdom. Our first note, we provided a...more
10/21/2024
/ Artificial Intelligence ,
Consumer Protection Laws ,
Data Protection ,
Enforcement Actions ,
EU ,
Financial Services Industry ,
General Data Protection Regulation (GDPR) ,
Information Commissioner's Office (ICO) ,
Legislative Agendas ,
Liability ,
Privacy Laws ,
Regulatory Agenda ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
UK ,
United States
Many governments are grappling with the question of how to regulate artificial intelligence to ensure it is adopted safely and used responsibly without hampering innovation. Governments have generally indicated similar...more
10/8/2024
/ Artificial Intelligence ,
Bank of England ,
Bergdorf Goodman ,
Data Collection ,
Data Processors ,
Data Selling ,
Documentation ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
Financial Services Industry ,
Information Governance ,
Machine Learning ,
MiFID II ,
Personal Data ,
Popular ,
Privacy Laws ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Regulatory Standards ,
Risk Management ,
Third-Party ,
Training ,
Transparency ,
UK
The European Data Protection Supervisor (EDPS) published, on its own initiative, an Opinion on the EU’s draft Artificial Intelligence (AI) Act (Opinion 44/2023) on 23 October 2023. The EDPS provides specific suggestions for...more
As generative AI products hit the headlines and organisations look to make the most of AI across all aspects of business, regulators continue to try and keep pace with the technology....more
On 28 September 2022, the European Commission published two proposals aimed at modernising product liability rules in the digital age. The proposal is the first specifically designed to address compensation for damage caused...more
On 18 July 2022, the UK Government published an interim paper “Establishing a pro-innovation approach to regulating AI”, outlining proposals for AI regulation in the UK (the AI Paper). In the UK’s National AI Strategy (see...more
On 13 June 2022, the UK’s Department of Digital, Culture, Media and Sport (DCMS) published its 2022 Digital Strategy (the Strategy)....more