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Compliance Tip of the Day: Leveraging AI for Real-Time Third-Party Risk Management
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The Productivity Paradox: Does more technology mean less growth? Is there scope to use AI in commercial contracts? Will it save time, or ultimately cost more time in review and pose greater risk?...more
In a landmark moment for global AI governance, the United States, European Union and United Kingdom have signed the Council of Europe’s framework convention on artificial intelligence and human rights, democracy, and the rule...more
Amidst the backdrop of the recent release of the close-to-final EU AI Act and the UK government’s response to the AI White Paper, discussions regarding the need of AI regulations in the UK are gaining momentum. The timely...more
If you feel like every day you wake up to a new data privacy law or piece of guidance, you’re not dreaming. Regulation and rulemaking are happening faster than ever before. The complexities relating to ethical data usage are...more
A year in review for the ChatGPT (chatbot generative pre-trained transformer) — and a look ahead at the global response to AI & which governance “guardrails” are required. On November 30th, 2023, the world will celebrate...more
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
The EU Artificial Intelligence Act (or “AI Act”) is the world’s first legislation to regulate the use of AI. It leaves room for “technical soft law”; but, inevitably (being the first and being broad in scope), it will set...more
Last year, the UK Department of Digital, Culture, Media and Sport (DCMS) published its 10- year National AI Strategy for the regulation and promotion of artificial intelligence (AI) in the UK (Report). DCMS seeks to build...more
The European General Data Protection Regulation (GDPR) already provides considerable requirements for compliance programs. With Brexit comes a new GDPR for the United Kingdom. Adding to the complexity, the UK GDPR also...more
It’s not everyday that a Chief Constable joins the Society of Corporate Compliance and Ethics, let alone one who is the United Kingdom’s police national lead for ethics. So when Richard Lewis signed up we invited him to sit...more
Just before Christmas, the House of Lords Liaison Committee published a new report on Artificial Intelligence (AI): “AI in the UK: No Room for Complacency”. The report examines the progress made by the UK government in...more