The first requirements under the EU Artificial Intelligence (AI) Act come into effect on February 2, 2025, banning the use of AI systems that involve prohibited AI practices and requiring providers and deployers of AI systems...more
2/7/2025
/ Artificial Intelligence ,
Data Protection ,
Employee Training ,
EU ,
Facial Recognition Technology ,
Innovative Technology ,
Machine Learning ,
Professional Development ,
Regulation ,
Regulatory Requirements ,
Risk Management ,
Technology Sector
Artificial intelligence (AI) and other emerging technologies have the potential to revolutionize the financial industry. At the same time, its use introduces new risks that need to be anticipated and addressed. This paper...more
1/24/2025
/ Algorithms ,
Artificial Intelligence ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Emerging Technologies ,
Employment Discrimination ,
Financial Institutions ,
Financial Services Industry ,
Innovative Technology ,
Machine Learning ,
Regulatory Agenda ,
Risk Assessment ,
Risk Management
Beginning 17 January 2025, the Digital Operational Resilience Act (DORA) will apply to almost all EU financial entities, including banks, insurers and reinsurers, brokers , payment and electronic money institutions,...more
1/20/2025
/ Cryptoassets ,
Cybersecurity ,
Data Security ,
Digital Operational Resilience Act (DORA) ,
EU ,
Financial Institutions ,
Financial Services Industry ,
Information and Communication Technology (ICT) ,
Information Technology ,
Regulatory Requirements ,
Risk Management
Mayer Brown Partners Ana Bruder, Justin Herring, and Oliver Yaros focus on cybersecurity risks and regulations in the EU and UK. They explore third-party risks, ransomware incidents, and the impact of AI, while examining how...more
As the European Union sets the stage for groundbreaking AI regulation, our podcast offers a comprehensive exploration of this landmark legislation. Join us as we dissect the EU AI Act, unpacking its key provisions and...more
As the European Union sets the stage for groundbreaking AI regulation, our podcast offers a comprehensive exploration of this landmark legislation. Join us as we dissect the EU AI Act, unpacking its key provisions and...more
In recent years, we have seen an increase in employers using artificial intelligence (AI) in the workplace, whether to assist with decision-making and staff management across the life-cycle of the employment relationship or...more
3/22/2024
/ Algorithms ,
Artificial Intelligence ,
Bias ,
Contract Terms ,
Data Protection ,
Discrimination ,
Diversity ,
Diversity and Inclusion Standards (D&I) ,
EU ,
Hiring & Firing ,
Job Applicants ,
Machine Learning ,
Personal Data ,
Recruitment Policies ,
Risk Assessment ,
Risk Management ,
UK
The Pensions Regulator (TPR) has published a regulatory intervention report outlining how they worked with Capita following a cyber incident last year (see our legal update), and detailing the key steps trustees should take...more
2/14/2024
/ Compensation & Benefits ,
Cybersecurity ,
Data Breach ,
Employee Benefits ,
Employer Liability Issues ,
Financial Services Industry ,
Incident Response Plans ,
Pension Schemes ,
Pensions ,
Popular ,
Retirement Plan ,
Risk Management ,
The Pensions Regulator (TPR) ,
UK
On 23 January 2024, the UK Government announced a call for views and requested feedback from businesses of all sizes across every sector on its draft Cyber Governance Code of Practice (the "Draft Code"). Aimed at directors...more