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K2 Integrity

AI-Driven Risk Assessment: Enhancing Financial Crime Compliance And Internal Audit

K2 Integrity on

In an era of increasingly sophisticated financial crimes and evolving regulatory, compliance, and internal audit needs, financial institutions must continuously refine their risk assessment strategies. Traditional methods,...more

NAVEX

The Evolving AI Regulatory Landscape in Asia: What Compliance Leaders Need to Know

NAVEX on

Artificial intelligence (AI) is transforming industries at an unprecedented pace, but it also introduces complex compliance challenges. While many regions are ramping up their regulatory frameworks to address these risks,...more

McCarter & English Blog: Government Contracts...

OMB Issues Guidance to Agencies on Responsible Artificial Intelligence Acquisitions

Contractors interested in offering federal agencies artificial intelligence (AI) can now glean insight into how agencies are expected to conduct AI acquisitions. On September 24, 2024, the Office of Management and Budget...more

Baker Botts L.L.P.

OMB Issues New Guidance on Acquisition of AI in the Federal Government

Baker Botts L.L.P. on

The Office of Management and Budget (OMB) has released Memorandum M-24-18, introducing new requirements and guidance for federal agencies on the responsible acquisition of artificial intelligence (AI). This memorandum aims to...more

Akin Gump Strauss Hauer & Feld LLP

EU Takes Steps to Develop General Purpose AI Code of Practice

Following the publication of the European Union’s Artificial Intelligence Act (AI Act or Act) on 12 July 2024, there are now a series of steps that various EU bodies need to take towards implementation. One of the first key...more

Jackson Lewis P.C.

Exploring AI Risks Reported in SEC Filings Can Be Helpful For Many Organizations, Including SMBs

Jackson Lewis P.C. on

One of our recent posts discussed the uptick in AI risks reported in SEC filings, as analyzed by Arize AI. There, we highlighted the importance of strong governance for mitigating some of these risks, but we didn’t address...more

Fishman Haygood LLP

ABA Issues Formal Guidance for Use of Generative AI: An Update to Ethical Rules for Using Generative AI in Your Practice

Fishman Haygood LLP on

As the “AI Revolution” continues to gain momentum, questions concerning professional ethics have arisen across almost all professions. For legal services providers in particular, this disruptive technology poses both risks...more

Mintz - Antitrust Viewpoints

Senators Introduce Bill for AI Procurement and Use by Federal Agencies — AI: The Washington Report

Senators Gary Peters (D-MI) and Thom Tillis (R-NC) introduced the PREPARED for AI Act. The bill aims to position federal agencies to safely and effectively adopt AI technologies by creating a comprehensive risk-mitigating...more

Mitratech Holdings, Inc

The Timeline of the EU AI Act (And a Look Ahead)

The EU AI Act marks a new milestone in the landscape of AI governance — and businesses are taking note. This past March, the EU passed new regulations surrounding AI in the EU AI Act that have been years in the making....more

Mitratech Holdings, Inc

What the WEF 2024 Global Risks Report Means for Governance, Risk and Compliance Professionals

Analyzing the Trends in Misinformation, Technological Advances, Cyber Insecurity, and Interconnected Risks in the 2024 Global Risks Report. The World Economic Forum recently released its 2024 Global Risks Report, an...more

Davies Ward Phillips & Vineberg LLP

Governance Insights: Get Smart on Artificial Intelligence (AI) and Corporate Governance: Key Considerations for Boards of...

It has been one year since OpenAI released ChatGPT, arguably catalyzing today’s new wave of interest in AI. This surge of interest is driving substantial investments in AI technologies and a heightened urgency to address the...more

Mitratech Holdings, Inc

Happy birthday, ChatGPT! Celebrating 1 year with the top 10 milestones in AI governance

Mitratech Holdings, Inc on

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

Lippes Mathias LLP

Emerging Issue: AI Governance

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Advancements in Artificial Intelligence have dominated the news recently in fascinating ways. Generative AI chatbots demonstrated seemingly spontaneous responses to test users. Visual artists filed a class action lawsuit to...more

Vinson & Elkins LLP

The Pandemic Lessons: The Future Of ESG And How It Will Define Business Success

Vinson & Elkins LLP on

The rapidly increasing importance of a company’s environmental, social and governance (ESG) performance to its business value, has been a critical trend leading into 2020. This trend was accelerated by the COVID-19 pandemic,...more

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