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Regulatory Oversight Artificial Intelligence Regulatory Requirements

Carlton Fields

NAIC Big Data Working Group Continues Building a Regulatory Structure

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During the NAIC Spring National Meeting, the Big Data and Artificial Intelligence (H) Working Group reviewed its blueprint to build an overarching regulatory edifice to oversee insurers’ use of artificial intelligence...more

HaystackID

From Consent or Pay to AI Oversight: EDPB Expands Its Regulatory Reach in 2024

HaystackID on

What happens when data protection collides with the relentless pace of digital innovation? That’s the question the European Data Protection Board (EDPB) seemed to confront head-on in 2024, a year marked by unprecedented...more

A&O Shearman

UK Financial Stability in Focus report: AI in the financial system

A&O Shearman on

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

Perkins Coie

White House Unveils Updated AI Guidelines for Federal Agencies

Perkins Coie on

Key Takeaways - - The White House's Office of Management and Budget (OMB) has issued two new memorandums, which establish new federal policies for the use and acquisition of artificial intelligence (AI) by the federal...more

Mayer Brown

US NAIC Spring 2025 National Meeting Highlights: Innovation, Cybersecurity, and Technology (H) Committee

Mayer Brown on

On March 26, 2025, the Innovation, Cybersecurity, and Technology (H) Committee (“H Committee”) met at the Spring 2025 US National Meeting of the National Association of Insurance Commissioners (“NAIC”). The meeting covered...more

Constangy, Brooks, Smith & Prophete, LLP

Back to the Future, Part II: How data privacy laws can teach us what to expect with AI legislation

“Early adopters” are likely to set the tone for future legislation- The scope and approach of AI regulation is still largely up in the air, but as with data privacy the first few major laws to be passed will almost...more

Saul Ewing LLP

Virginia Passes Second of Its Kind Ai Anti-Discrimination Statute, but Law Vetoed by Governor

Saul Ewing LLP on

The Virginia General Assembly recently passed a second of its kind AI anti-discrimination bill, HB 2094, which would have taken effect on July 1, 2026. However, on March 24, 2025, Gov. Glenn Youngkin vetoed the proposed law....more

Hogan Lovells

Draft Act on Artificial Intelligence in Spain - Opened public hearing until March 26

Hogan Lovells on

The Spanish Government has published the Preliminary Draft Act for the proper use and governance of Artificial Intelligence (the "Draft Act"), which aims to complement and develop the framework set out by the AI Regulation....more

A&O Shearman

European Commission draft guidelines on AI system definition under EU AI Act

A&O Shearman on

The European Commission (EC) has published draft guidelines on the definition of an AI system to explain the practical application of the legal concept, as anchored in the EU AI Act. The EC aims to assist providers and other...more

Morrison & Foerster LLP

Above Board: Managing AI in the Boardroom

In this episode of the Above Board podcast, hosts Scott Lesmes and Haima Marlier are joined by Morrison Foerster partners and legal advisors to leading artificial intelligence (AI) companies Marian Waldmann Agarwal and Justin...more

Troutman Pepper Locke

A Model’s Credibility Is in the Details: FDA Draft Guidance on the Use of AI Models in Drug and Biological Product Development

Troutman Pepper Locke on

In January, the U.S. Food and Drug Administration (FDA) issued its first guidance on the use of artificial intelligence (AI) models in drug development and in regulatory submissions titled, “Considerations for the Use of...more

Rothwell, Figg, Ernst & Manbeck, P.C.

From Algorithms to Approvals: Navigating AI in Drug and Biological Product Regulation

On January 6, 2025, the FDA released draft guidance on using artificial intelligence (AI) in regulatory decision-making for drugs and biological products. The draft guidance – the first of its kind from the agency – aims to...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Navigating FINRA’s 2025 Third-Party Risk Updates: Compliance Strategies for Financial Institutions

Every year, the Financial Industry Regulatory Authority (FINRA) issues an Annual Regulatory Report in an effort to provide FINRA Member Firms with insight into findings from FINRA’s regulatory operations programs. The Annual...more

Troutman Pepper Locke

Delaware Insurance Commissioner Navarro Issues Bulletin No. 148 Re: Use of Artificial Intelligence Systems in Insurance

Troutman Pepper Locke on

On February 5, Delaware joined 21 jurisdictions who adopted guidance similar to the NAIC Model Bulletin on the Use of Artificial Intelligence (AI) Systems by Insurers in 2024, and four additional jurisdictions have otherwise...more

Morgan Lewis

How New Executive Orders May Affect FDA’s Medical Device Operations

Morgan Lewis on

Several executive orders recently signed by US President Donald Trump may have significant implications for the US Food and Drug Administration (FDA) and its regulatory oversight for medical device and digital health...more

Littler

New Executive Order Issued on AI; Prior AI Order Revoked

Littler on

Among the blizzard of executive orders issued following his inauguration, President Trump revoked former President Biden’s executive order addressing artificial intelligence (AI). A few days later, on January 23, 2025,...more

K&L Gates LLP

CFTC Staff Takes a "Measured First Step" in Artificial Intelligence

K&L Gates LLP on

Introduction - On 5 December 2024, the Commodity Futures Trading Commission (CFTC) Divisions of Clearing and Risk, Data, Market Oversight, and Market Participants issued a staff advisory on the use of artificial intelligence...more

White & Case LLP

AI Watch: Global regulatory tracker - African Union

White & Case LLP on

Laws/Regulations directly regulating AI (the “AI Regulations”) There are no comprehensive, binding laws or regulations specifically governing AI across the entire African Union (AU). However, the AU has shown interest in...more

Skadden, Arps, Slate, Meagher & Flom LLP

What Companies Can Do To Protect Against Cyberattacks … and the Litigation That Often Follows

Cyber threats continue to grow as a result of increased digitization, widespread use of cloud computing, advanced connectivity and artificial intelligence (AI), requiring boards of directors across all sectors to focus more...more

Mayer Brown

Biden Administration Issues First-Ever National Security Memorandum on Artificial Intelligence

Mayer Brown on

On October 24, 2024, President Biden issued the first-ever National Security Memorandum (NSM) on artificial intelligence (AI), fulfilling another directive (subsection 4.8) set forth in the Administration’s Executive Order on...more

Cooley LLP

[Webinar] AI Talks: AI + Regulatory - November 13th, 12:00 pm - 1:00 pm EDT

Cooley LLP on

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

A&O Shearman

Zooming in on AI – #10: EU AI Act – What are the obligations for “high-risk AI systems”?

A&O Shearman on

Companies deploying high-risk artificial intelligence (AI) systems must prepare to navigate a complex landscape of new obligations by August 2, 2026. In this post we explain the key obligations for providers and deployers of...more

Eversheds Sutherland (US) LLP

Beyond the binary: How NIST is shaping the policies and practices of AI innovation and risk management

On September 24th and 25th, the National Institute of Standards and Technology (NIST) convened a symposium to generate new insights about the next steps needed to unleash AI innovations that will enable trust in this...more

White & Case LLP

AI Watch: Global regulatory tracker - United Kingdom

White & Case LLP on

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

White & Case LLP

AI Watch: Global regulatory tracker - Czech Republic

White & Case LLP on

The successful implementation of the EU AI Act into national law is the primary focus for the Czech Republic, with its National AI Strategy being the main policy document. Laws/Regulations directly regulating AI (the “AI...more

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