News & Analysis as of

Governance Standards Regulatory Agenda

Latham & Watkins LLP

FCA Sets Out Findings From Review of Firms’ Treatment of Vulnerable Customers

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The regulator found many examples of good practice, but also published further guidance and case studies to help firms address areas for improvement....more

Carlton Fields

States Decode Their Expectations on Insurers’ Use of AI

Carlton Fields on

States continue to decode their expectations regarding insurers’ use of artificial intelligence (AI) systems. Since our last report, the following states have issued bulletins based on the National Association of Insurance...more

BCLP

Regulatory Focus on Non-Financial Misconduct: Where are we headed in 2025?

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The FCA’s focus, in the six years since #MeToo began, upon tackling ‘non-financial misconduct’ (broadly, poor interpersonal behaviour) in the financial services sector has sometimes been said to be a bit odd and/or not the...more

White & Case LLP

Unpacking the South African Climate Change Act

White & Case LLP on

The Climate Change Act, as endorsed by the President, is intended to enable the alignment of policies that influence South Africa’s climate change response to ensure that South Africa’s transition to a low-carbon and...more

Harris Beach Murtha PLLC

Georgia Next? Key Recommendations from Senate Committee for AI Regulations

The Georgia Senate Study Committee on Artificial Intelligence just released a detailed report outlining its findings and recommendations on the integration and regulation of AI technologies in the state. Given the likelihood...more

NAVEX

Compliance Considerations for Mitigating AI Risks

NAVEX on

Recent revisions made to the Criminal Division’s “ Evaluation of Corporate Compliance Programs (ECCP)” guidance highlight, among other things, risks created by artificial intelligence (AI). Thus, it would be prudent for...more

NAVEX

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

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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

Guidepost Solutions LLC

Why You Should Care About AI Governance

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Imagine this scenario: A financial institution adopted AI to automate credit decisions, but due to an inadequate governance framework, the system denied loans based on incomplete or biased data. When regulators and customers...more

Eversheds Sutherland (US) LLP

Legal Telescope: The AI-ESG nexus – redefining legal and regulatory strategies

Read our thought leadership report which offers valuable insights and knowledge from our global team of lawyers to help you stay ahead of the curve in the ever-changing world of AI and ESG. As Artificial Intelligence (AI)...more

Foley & Lardner LLP

Artificial Intelligence in Health Care: Key Considerations for Oncology

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Artificial intelligence (AI) has the power to revolutionize health care. In oncology, there are now opportunities to apply AI to support diagnostics, predictive analytics, and administrative functions. This hot topic was...more

Neal, Gerber & Eisenberg LLP

EU Sets Key Artificial Intelligence Regulation Dates

On August 1, 2024, the regulation of artificial intelligence (AI) took a major leap forward as the EU AI Act officially entered into force. While the Act is enforced within the EU, its extraterritorial scope has important...more

Guidepost Solutions LLC

Artificial Intelligence Governance – First, Build On What You Have

As artificial intelligence (AI) continues to advance rapidly, organizations of all types are seeking to deploy this powerful tool to increase the effectiveness and efficiency of their operations, improve service to their...more

White & Case LLP

AI Watch: Global regulatory tracker - United Nations

White & Case LLP on

Artificial intelligence (AI) has made enormous strides in recent years and has increasingly moved into the public consciousness. Increases in computational power, coupled with advances in machine learning, have fueled the...more

Proskauer - The Capital Commitment

Cybersecurity Continues to be a Focal Point for Regulators in 2024

The SEC’s new and proposed rules on cybersecurity and cyber-incident reporting will have a dual impact on private investment advisers and funds. First, the proposal by the SEC will impose cybersecurity related...more

Faegre Drinker Biddle & Reath LLP

NIST Releases Cybersecurity Framework 2.0

On February 26, 2024, the National Institute of Standards and Technology (NIST) released the NIST Cybersecurity Framework 2.0 (CSF 2.0). CSF 2.0 represents the first major update to the Cybersecurity Framework, which was...more

Perkins Coie

Office of Management and Budget Issues New Requirements for Federal Agencies’ Use of AI

Perkins Coie on

The Office of Management and Budget (OMB), part of the Executive Office of the President, recently issued a memorandum (the Memorandum) containing requirements and recommendations for executive agencies regarding those...more

McAfee & Taft

Artificial intelligence and the rise of the regulators

McAfee & Taft on

As we prepare for the rise of the machines and Skynet’s inevitable takeover of the world, this past week highlighted perhaps a more troubling trend for companies to navigate in the coming months and years—the rise of...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

Mitchell, Williams, Selig, Gates & Woodyard,...

Incident Response Guide/Water and Wastewater Sector: FBI/EPA/CISA Announce Release

Three federal agencies announced the joint production and release of a document titled: Incident Response Guide – Water and Wastewater Sector (January 2024) (“Guide”)...more

Jenner & Block

Client Alert: How Regulatory Events of 2023 Should Guide Financial Institutions' New Year's Resolutions for 2024

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As consumer-facing financial institutions of all types—from well-established banks to newly-launched fintechs—set their 2024 regulatory compliance goals, they may wonder if their New Year’s resolutions align with those that...more

Mintz - Health Care Viewpoints

HHS, ONC HTI-1 Final Rule Introduces New Transparency Requirements for Artificial Intelligence in Certified Health IT

The Department of Health and Human Services (HHS) was tasked with coordinating efforts to regulate artificial intelligence (AI) in health care under the November 2023 Executive Order on the Safe, Secure, and Trustworthy...more

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