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The Financial Policy Committee (FPC) of the Bank of England (BoE) has published the Financial Stability in Focus report on AI in the UK financial system. The FPC considers the potential benefits of AI with its growing...more
In March 2025, the UK government met with regulators to push for faster decision-making processes as a part of efforts by Chancellor of the Exchequer Rachel Reeves to cut red tape and boost economic growth. But while the...more
On 21 January 2025, the UK’s Prudential Regulation Authority (PRA) published two supervisory letters outlining 2025 priorities for international banks and UK deposit takers, respectively. In this note, we look at some of the...more
The U.K. Government has published its response to the House of Commons Science, Innovation and Technology Committee report on the governance of AI. The Government welcomes the findings of the Committee and agrees with the...more
This session of Cooley’s AI Talks will cover ways to navigate the US, European Union, and UK regulatory and legislative risks of AI, including strategies for engaging with policymaking bodies and analyzing the business...more
The UK prioritizes a flexible framework over comprehensive regulation and emphasizes sector-specific laws. Laws/Regulations directly regulating AI (the “AI Regulations”) The UK government's AI Regulation White Paper of...more
May 25th marked six years since the General Data Protection Regulation has been in effect. Since it was implemented, GDPR has been regarded as the gold standard for data protection legislation across the world....more
Key Points Artificial intelligence (AI) — and in particular generative AI, which creates new content — has recently emerged as a transformative tool with the power and potential to reshape familiar industries. Although...more
In this episode of OnAir with Akin, lobbying and public policy partner Hans Rickhoff, senior counsel Reggie Babin and international trade counsel Alan Hayes discuss the current state of AI policy, with a specific focus on the...more
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
UK-U.S. Data Bridge Approved - The UK has approved an extension to the EU-U.S. Data Privacy Framework (DPF) called the ‘UK-U.S. Data Bridge,’ which facilitates data flows from the UK to the U.S. From October 12, 2023...more
Welcome to the third edition of our AI Legal News Summer Roundup! After five class actions were filed between June 28 and July 11 (as reported on in our first edition of this series), on July 21, another class action lawsuit...more
Exceeding Corporate Client Expectations - The first session of the conference, moderated by Richard Clark from CloudNine, focused on introducing new ways of deepening the relationship between corporate in-house and outside...more
2023 is shaping up to be a landmark year for data privacy, on both sides of the Atlantic. In the US, four new state laws go into effect – two on July 1 – while California is expanding its already robust requirements, and...more
Artificial intelligence (“AI”), once limited to the pages of science fiction novels, is now viewed as a key strategic priority for both the UK and EU. The UK, in particular, plays a prominent role at the cutting edge of...more
On 29 March 2023, the UK Government published its latest proposals on regulating Artificial Intelligence (“AI”). The White Paper follows on from an initial policy paper published in July 2022 (the “2022 Policy Paper”), which...more
The Department for Science, Innovation and Technology published a white paper on 29 March 2023 titled "AI Regulation: A Pro-Innovation Approach", which sets out the UK Government’s proposals to regulate artificial...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
On July 18, 2022, the UK government published high-level proposals for its approach to regulating uses of artificial intelligence (AI), as part of its National AI Strategy and, more broadly, its UK Digital Strategy. The...more
On 18 July 2022, the UK government published its cross-sector proposal for regulating artificial intelligence. The proposal outlines what is referred to as a ‘pro-innovation’ regulatory framework which is underpinned by a set...more
On 16 April 2018 the House of Lords Select Committee on Artificial Intelligence published a wide-ranging report on the status of artificial intelligence (“AI”) in the UK. ...more