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Regulatory Requirements Liability United Kingdom

DLA Piper

For Your AIs Only: Agentic AI Steps Out of the Shadows, Part 2

DLA Piper on

Agentic AI and its ability to perform tasks autonomously on behalf of users, without the regular prompting associated with more traditional AI models, is the new frontier of AI. Many organisations are betting big on the...more

Mayer Brown

Le Patourel v BT – What Can We Learn From the First Trial in a UK Antitrust Class Action?

Mayer Brown on

On 19 December 2024, the Competition Appeal Tribunal ("CAT") handed down its judgment in the first opt-out class action to proceed through to a full trial under the UK antitrust class action regime1. This stand-alone, opt-out...more

A&O Shearman

Indemnity or indemNOTy? The difference between a guarantee and an indemnity

A&O Shearman on

A bank sought payment under “deeds of indemnity” related to swap agreements which were part of a number of Dutch mortgage-backed securitisations. The mortgage provider refused to pay, a key argument being that the “deeds...more

BCLP

Building Safety Act: Application of the “just and Equitable” Test for Remediation Contribution Orders

BCLP on

Section 124 of the Building Safety Act allows the First Tier Tribunal to make remediation contribution orders (“RCOs”) where it considers it “just and equitable” to do so....more

A&O Shearman

Zooming in on AI - #7: AI under financial regulations in the U.S., EU and U.K. - a comparative assessment of the current state of...

A&O Shearman on

This is the final note in a three-part series on the regulation of artificial intelligence in the financial services sector in the United States, the European Union and the United Kingdom. Our first note, we provided a...more

DLA Piper

Navigating AI Liability Risks

DLA Piper on

Our webinar explored liability that can be incurred from the creation use or deployment of AI systems and raised some important questions around the current and future regulatory landscape applicable to AI and liability. We...more

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