Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more
6/9/2021
/ Artificial Intelligence ,
Budgets ,
Consent Order ,
Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Debt Relief ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
OCC ,
Risk Management
On April 21, the European Commission (EC) proposed a set of Artificial Intelligence (AI) regulations that would dramatically re-shape how AI will be deployed in Europe and potentially effect businesses around the world,...more
A recent blog post from the Federal Trade Commission (FTC) provides direct guidance on the FTC’s approach to Artificial Intelligence (AI) bias and signals potential enforcement in this area. The post—entitled Aiming for...more
On March 1, 2021, the National Security Commission on Artificial Intelligence (NSCAI) released its final report and submitted it to Congress. The NSCAI was established by Congress to make recommendations on how to approach AI...more
Speaking to the Future of Privacy Forum, Acting Federal Trade Commission (FTC) Chairwoman Rebecca Kelly Slaughter provided insight this week into how the Biden Administration intends to pursue privacy issues at the FTC. These...more
The National Defense Authorization Act for the Fiscal Year 2021 (2021 NDAA)—which was passed over a Presidential veto on January 1—represents a massive step forward for American AI policy in areas far beyond national defense....more
Artificial intelligence (AI) technology and applications have been expanding over the last few years, and in 2021, we expect government agencies to ramp up their efforts to deal with the actual and perceived impacts of the...more
On December 3, the President signed a new Executive Order (EO) on “Promoting the Use of Trustworthy Artificial Intelligence in the Federal Government.” This EO follows up on the 2019 Executive Order on Maintaining American...more
Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more
12/7/2020
/ Artificial Intelligence ,
Consumer Financial Protection Bureau (CFPB) ,
Debt ,
Debt Collection ,
Fair Credit Reporting Act (FCRA) ,
Federal Trade Commission (FTC) ,
Loans ,
No-Action Letters ,
NPRM ,
Popular ,
UDAAP
The current Administration has released guidance to federal agencies on artificial intelligence (AI) regulation—outlining a relatively light touch approach, but pushing agency planning into the new year and a new...more
On October 22, 2020, the Office of Transformation and Innovation, within the Office of the Director of National Intelligence (ODNI), issued a request for information (RFI) to private sector and non-governmental organizations,...more
On Thursday, October 15, 2020, the White House released a national strategy to ensure that the United States remains a global leader in developing critical and emerging technologies (C&ET). The document lays out high-level...more
10/26/2020
/ 5G Network ,
Artificial Intelligence ,
CFIUS ,
Competition ,
Critical Infrastructure Sectors ,
Cross-Border Transactions ,
Emerging Technology Companies ,
Export Control Reform Act (ECRA) ,
Export Controls ,
Foreign Investment ,
Foreign Policy ,
National Security ,
Regulatory Agenda ,
STEM ,
Trump Administration