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General Data Protection Regulation (GDPR) › Artificial Intelligence › Financial Services Industry

Follow this channel for updates and analysis on all aspects of the European Union's General Data Protection Regulation, a reform of EU's data protection rules that impacts... more +
Follow this channel for updates and analysis on all aspects of the European Union's General Data Protection Regulation, a reform of EU's data protection rules that impacts individuals throughout the Union and all businesses operating therein. less -
A&O Shearman

Zooming in on AI - #5: AI under financial regulations in the U.S., EU and U.K. – a comparative assessment of the current state of...

A&O Shearman on

Rapid and accelerating developments in artificial intelligence have prompted governments around the world to consider how AI should be regulated and used responsibly by businesses, without stifling innovation. This is...more

Wilson Sonsini Goodrich & Rosati

Cybersecurity: A Critical Element in Your 2025 Business Forecast

Wilson Sonsini Goodrich & Rosati on

As cyberattacks become more sophisticated, cybersecurity remains a top concern for regulators, consumers, business partners, and investors. Weak security can cause substantial harm to a company and lead to litigation,...more

Benesch

AI Reporter - March 2024

Benesch on

As Benesch’s multidisciplinary AI Commission continues to stay abreast of AI-related developments and legal implications our clients should be aware of, we are proud to debut the firm’s AI Reporter: a monthly roundup of...more

Alston & Bird

EU’s Highest Court Issues Major AI Decision With Wide-Reaching Impact

Alston & Bird on

On 7 December 2023, the Court of Justice of the European Union (CJEU) issued an important decision on how the GDPR governs AI-assisted decisions. The case arose in the financial services context, with the court holding that...more

Skadden, Arps, Slate, Meagher & Flom LLP

AI in Europe: Road Map for Navigating the IP, Data Protection and Regulatory Considerations

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Organizations developing or using generative AI tools should implement cross-functional governance frameworks to develop and continuously monitor their use of such tools. From the earliest stages of generative AI use,...more

Hogan Lovells

AI regulation in financial services in the EU and the UK: Governance and risk-management

Hogan Lovells on

Artificial intelligence (AI) and machine learning (ML) technology have started to transform financial services and bring about new business opportunities, but with risks. AI governance should be adopted by financial...more

Eversheds Sutherland (US) LLP

US Cybersecurity and Data Privacy review and update: Looking back on our 2020 articles and planning ahead for 2021

Eversheds Sutherland (US) LLP on

It was a tumultuous year for privacy and cybersecurity, and further uncertainty is all but guaranteed. The key to navigating this volatility, as 2020 proved, is to develop and maintain a proactive, agile and holistic data...more

Kramer Levin Naftalis & Frankel LLP

Accountable for the ‘Black box’: A Primer on the Regulation of AI in Financial Services

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We recently discussed the topic of risk management as it relates to artificial intelligence (AI) in financial services, and suggested certain tips for the financial services sector. This article is the first of a series that...more

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