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
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
The UK-US data bridge is the UK Government’s preferred terminology to describe its decision to permit the flow of personal data from the UK to the US, achieved through the UK Extension to the EU-US Data Privacy Framework. The...more