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
Rapid and accelerating developments in artificial intelligence have prompted governments around the world to consider how AI should be regulated and used responsibly by businesses, without stifling innovation.
This is...more
10/17/2024
/ Artificial Intelligence ,
Capital Markets ,
Data Protection ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
General Data Protection Regulation (GDPR) ,
Innovative Technology ,
Intellectual Property Protection ,
Machine Learning ,
Privacy Laws ,
Regulatory Agenda ,
Technology Sector ,
UK ,
White Collar Crimes
With AI we face a combination of accelerating technological development and, depending on the jurisdiction, a greater or lesser degree of legislative intervention.
Artificial intelligence burst into our collective...more
10/4/2023
/ Advertising ,
Artificial Intelligence ,
Bots ,
China ,
Copyright ,
Cybersecurity ,
Data Protection ,
Ethics ,
EU ,
Innovative Technology ,
Intellectual Property Protection ,
Legislative Agendas ,
Machine Learning ,
Misrepresentation ,
Popular ,
Regulatory Agenda ,
Regulatory Requirements ,
UK
The first week of May 2023 saw further EU case law emerge on the right to compensation under the GDPR, and in this blog we analyse the implications of these latest rulings and consider what may be coming next....more
In finding that “mere upset” alone does not give rise to compensation under the GDPR, the Advocate General of the Court of Justice of the EU may have dealt another blow to those pursuing class actions under the GDPR....more
The decision of the UK Supreme Court in Lloyd v Google is a welcome relief for data controllers. However, is it the end of class actions for data breach?...more
In unanimously refusing to allow a representative action to proceed, the UK Supreme Court may have sounded the death knell for opt-out class actions in England for data breaches: Lloyd v Google [2021] UKSC 50....more
A dispute about the use of private investigators highlights some attendant risks, in particular the possibility that the report generated may not be privileged: Gerrard & Gerrard v Eurasian Natural Resources Corporation Ltd &...more
Did you have an iPhone in 2011/2012? I still had a BlackBerry. If I had had an iPhone, I would have been a member of the class of more than four million users on whose behalf Mr Lloyd makes this claim. It is alleged that...more
Virtually all evidence, whether in litigation or arbitration or relating to investigations carried out by regulators or enforcement authorities, will contain some personal data. A year on from the EU General Data Protection...more
An employer was held by the Court of Appeal to be vicariously liable for a rogue employee’s deliberate and criminal disclosure of the personal data of other employees. This was despite the employee’s aim being to harm the...more
11/30/2018
/ Cybersecurity ,
Data Breach ,
Data Protection ,
Data Security ,
Employee Misconduct ,
Employer Liability Issues ,
Popular ,
Supermarkets ,
UK ,
UK Data Protection Act ,
Vicarious Liability
The EU General Data Protection Regulation (universally known as GDPR) has become ubiquitous. Less understood is what GDPR means for disputes and contentious regulatory/enforcement matters. Virtually all evidence, whether in...more
Brexit -
It is impossible not to mention Brexit which will be defined by the politics. 2018 is also likely to bring a significant increase in UK policymaking and related legislative change. We expect to see the publication...more