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Artificial Intelligence United Kingdom Consumer Protection Laws

A&O Shearman

Global Financial Innovation Network report on use of consumer-facing AI in global financial services

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The Global Financial Innovation Network has published a report summarizing discussions led by the U.K. Financial Conduct Authority and the Dubai Financial Services Authority on the use of consumer-facing AI in global...more

A&O Shearman

Zooming in on AI - #7: AI under financial regulations in the U.S., EU and U.K. - a comparative assessment of the current state of...

A&O Shearman on

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

Katten Muchin Rosenman LLP

Snapchat Snaps Into AI Trouble: ICO's Preliminary Enforcement Notice Raises Concerns Over 'My AI'

In the fast-evolving landscape of technological innovation, artificial intelligence (AI) has become pivotal for progress, presenting both opportunities and challenges. Despite gaps in the regulatory framework, the UK...more

Akin Gump Strauss Hauer & Feld LLP

UK CMA Publishes Thoughtful Report on AI Foundation Models

On 18 September 2023, following its initial review of artificial intelligence (AI) foundation models (FMs), the UK Competition and Markets Authority (CMA) published its eagerly awaited report (the “Report”).The Report has...more

Latham & Watkins LLP

FCA Board Focuses on AI

Latham & Watkins LLP on

A new publication from the UK’s financial regulator signals to firms that they should take steps to manage risks in the use of AI. The UK’s Financial Conduct Authority (FCA) has published its latest board minutes...more

BCLP

FCA publishes its 2022/23 Annual Report and Enforcement data

BCLP on

The FCA released its 2022/23 Annual Report last week together with data on its key enforcement trends. We consider below some of the key takeaways....more

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