An update on the UK's approach to AI regulation - Lexology
...AI riskregister to ensure it comprehensively captures the emerging risks of AI. The AI riskregister is intended to provide a "single source of …
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Covers: Regulation & PolicyGovernance & Risk ManagementLegal & CourtsGovernment & Public SectorBanking & FinanceChatbots & LLMsCybersecurityHallucinations & FabricationMedia & Creative WorkAI Safety & Existential Risk
Hallucinatory Judgments and Automated Vehicles:AI and the law - Lexology
Was it this closed question – which suggested the desired answer – that prompted the obliging AI tohallucinatethe required cases? Would more …
Hallucinations & FabricationRegulation & PolicyAI Agents & Automation
RPCAIguide - Lexology
Part 5 –AIRegulation Globally. A central theme is the importance of international collaboration on identifying AI safetyrisksand creatingrisk …
How Does Artificial Intelligence Affect Intellectual Property Protection? - Lexology
Under the regulation that is currently in place,AI could be seen to pose ariskto rightsholder's IP, throwing up issues around authorship and …
The AI act - Lexology
These high-risk AI systems are permitted in the EU market subject to compliance with certain mandatory requirements and an after-the-fact conformity …
Under-testingAIModels: MeitY's Advisory to Tackle Potential Risks- Lexology
A few days ago, in response to a user's prompt as to whether the Indian Prime Minister was fascist, Google's AI platform, Gemini responded that …
DOJ's double-edged sword:AI as a source of peril and promise - Lexology
Monaco's comments are the latest confirmation that government regulators are laser-focused on both the promise andrisksassociated with AI, …
Navigating the New Frontier: Insurance for Artificial Intelligence Risks- Lexology
The good news for policyholders is that existing insurance policies may protect them against many of therisksposed by AI. Cyber Insurance. Cyber …
Part 8:AI in financial institutions - opportunities and challenges - Lexology
Riskmanagement and compliance; Investment and trading strategies; Creation of standard documents such as brochures and KIDs; Interaction with …
Generative AI driving the M&A landscape - Lexology
...AI model, may be particularly important to mitigate business continuityrisksassociated with specific AI models. Talent retention may also play a …
Cold War 2.0: The Battle Between Democracies and Autocracies - Lexology
...risksand what the democracies must do to prevail. Cold War 2.0 ... How the EUAIAct regulates AI systems and why it matters to Canadian businesses …
ASEAN Issues Guide onAIGovernance and Ethics - Lexology
The rapid growth ofartificial intelligence("AI") has shone a light on the pressing need to manage its development and inherentrisks. WhileAI…
Executive Order 14410: AnArtificial Intelligence Odyssey - Lexology
The Draft Policy establishes new agency requirements in areas of AI governance, innovation, andriskmanagement. Agencies are directed to designate a …
Regulation & PolicyGovernment & Public SectorGovernance & Risk Management
Averting Patent And Other IPRisks In GenerativeAIUse - Lexology
In the past year, news coverage on generativeartificial intelligencehas dominated headlines. Generative AI offers dominant functionality and…
AI in Europe - An Evolving Landscape - Lexology
This has led to an emerging regulatory landscape for AI, particularly within the European Union. Along with it is a heightened cost andriskof …
Publication of UK Government's Response to its 2023 White Paper onAIRegulation
In 2024 a targeted consultation on a cross-economy AI riskregister will be established to ensure it comprehensively captures the range of risks …
EUAIAct: Key Takeaways from the Compromise Text - Lexology
On February 13, 2024, the European Parliament's Committee on Internal Market and Consumer Protection and its Committee on Civil Liberties, …
GlobalAIRegulatory Update - Lexology
...risks AI technologies may raise. In terms of accuracy and reliability, the Guidance reflects thatAI-generated content should be verified for …
Large language models and generativeAI- House of Lords report - Lexology
...AI regulation strategy; LLMrisk; the international context; and copyright. ... Review catastrophicrisks: Catastrophicrisks(above 1000 UK deaths and …
AI Safety & Existential RiskChatbots & LLMsCopyright & IPRegulation & Policy
AI regulation in the UK: Government response to White Paper - Lexology
The UK Government has also paved the way for legislation on AI in the future when therisksof AI become more apparent, with a particular focus on …
TheAIOffice - What You Need to Know - Lexology
Furthermore, theAIOffice collaborates with national market surveillance authorities to enforce regulations, responding to alerts of systemicrisks …
Lenders Beware of Potential Litigation Stemming from Credit Decisions Based on AI
Additionally, AI “hallucinations,” where fiction is presented as fact, are cited as a substantial risk among surveyed lenders.AI Risks in Credit …
AI- Investor Risksand Proposed Legal Solutions - Lexology
With average Artificial Intelligence(AI) deal size up by 48% in 2023 YTD, generative AI buzz continues to draw investors' attention …
UK GovernmentAIRegulation Response & Roadmap - Is the Government behind the wheel?
The government will also launch in 2024 a targeted consultation on a cross-economy AI riskregister to capture the range of risks across the economy …
Health Tech Series: Government asks MHRA to publish strategy for AI regulation in healthcare
Lexologya summary of issued and proposed guidance on how organisations should comply with those principles; how they are assessing and managingrisksposed by …
Regulation & PolicyHealthcareGovernment & Public SectorMedia & Creative Work
AIChats Episode 35:AIRegulation Development in Europe: Update on Progress of the EUAIAct
Lexology...risksassociated with AI while allowing for its continued development and utilization of its benefits. The discussion touches upon the potential …
Strategic approach to AI: UK government picks the brains of the financial regulators
Details of their current capability to address AI riskswithin their regulatory remits and how this compares with their assessment of the capabilities …
Regulation & PolicyBanking & FinanceGovernment & Public Sector
Who's been regulating my AI?: Goldilocks and the House of Lords Report on LLMs and Generative AI
While much attention has been paid to the finalisation of the EU'sAIAct in recent weeks, developments in AI continue at a frenetic rate. On 2nd…
AI and Arbitration: The German Perspective - Lexology
Following arisk-based approach and impacting all industry branches, theAIAct establishes comprehensive rules and obligations for AI systems to …
OSFI's Draft Guideline onAIModel Risk Management - Lexology
...artificial intelligence(AI) modelriskmanagement. The Draft Guideline ... OSFI will require that organizations mitigate their modelrisksby adopting …