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A&O Shearman

UK FCA research note on AI's role in credit decisions

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The UK Financial Conduct Authority (FCA) has published a research note on AI's role in credit decisions, exploring the issue of AI explainability in the context of algorithm-assisted decision-making, using consumer credit...more

Fox Rothschild LLP

What Is an AI System? The EU Offers a Formula

Fox Rothschild LLP on

The European Commission recently issued a formula for identifying Artificial Intelligence Systems: Machine-based system- Designed to operate with varying levels of autonomy- •Some degree of independence of actions from...more

McDermott Will & Emery

Assessing Inputs: Determining AI’s Role in US Intellectual Property Protections

The US Patent & Trademark Office (PTO) issued additional guidance on the contribution of artificial intelligence (AI) in its January 2025 AI Strategy. Similarly, the US Copyright Office issued part two of its “Copyright and...more

McDermott+

McDermott+ Check-Up: December 20, 2024

McDermott+ on

118th Congress Continues to Grapple with Contentious CR. With the collapse of Republican support for the negotiated continuing resolution (CR) package, as of the time of publication on Friday at 3:00 PM EST, Congress is still...more

Sheppard Mullin Richter & Hampton LLP

California’s Privacy Regulator Had a Busy November, Automated Decisionmaking Edition: What Does It Mean for Businesses?

In the second in our series of new CCPA regulations from California, we look at proposed rules for use of automated decisionmaking technology. As a reminder, CCPA discusses these technologies in relation to profiling, namely...more

McDermott+

McDermott+ Check-Up: December 6, 2024

McDermott+ on

Congress Negotiates Healthcare Extenders, Continues to Plan for 2025. Lawmakers continue negotiations to wrap up the 118th Congress and pass remaining must-do policies, including government funding, likely through a...more

McDermott Will & Emery

2024 Health Report - Government Actions Affecting Food, Drug and Medical Device Industries

McDermott Will & Emery on

The food, drug and medical device industries comprise some of the most closely regulated sectors in the United States. The US Food & Drug Administration (FDA) actively exercises authority by constantly changing legislation...more

White & Case LLP

AI Watch: Global regulatory tracker - Italy

White & Case LLP on

Italy plays a prominent role in EU AI Act negotiations and engages in political discussions for future laws. Laws/Regulations directly regulating AI (the “AI Regulations”) Currently, there are no specific laws,...more

Skadden, Arps, Slate, Meagher & Flom LLP

AI-Enabled Compliance: Keeping Pace With the Feds

The potential for artificial intelligence (AI) to transform business has commanded enormous attention over the past year. Little noted, however, is the U.S. government’s increasing — and increasingly sophisticated — use of AI...more

Skadden, Arps, Slate, Meagher & Flom LLP

Tennessee Law Addresses Proliferation of Deepfakes

Tennessee has enacted the Ensuring Likeness, Voice and Image Security (ELVIS) Act, which aims to protect individuals from the use of their persona in connection with “deepfakes” (i.e., fake content generated by artificial...more

Zuckerman Spaeder LLP

Regulators Put AI in Their Crosshairs at the ABA National Institute on White Collar Crime

Zuckerman Spaeder LLP on

The American Bar Association’s National Institute on White Collar Crime has long focused on regulating, prosecuting, and defending evolving permutations of fraud, or allegedly fraudulent conduct. At the 39th annual event,...more

Epiq

The Future of Generative AI in the Legal Industry

Epiq on

Generative AI has taken the world by storm. A third of respondents in McKinsey’s Global Survey “The state of AI in 2023: Generative AI’s breakout year” reported regularly using generative AI for at least one business...more

Benesch

China Finalizes New AI Rules as the Global Race to Regulate AI Intensifies

Benesch on

As China pledges to become the world leader of artificial intelligence (AI) by 2030, it is charging ahead by implementing its own comprehensive AI rules, investing heavily in the technology and receiving sizable foreign...more

DarrowEverett LLP

Prove It or Lose It: New York City Cracks Down on AI Hiring Software

DarrowEverett LLP on

Artificial Intelligence (“AI”) programs have gained notoriety by injecting ease into otherwise burdensome and difficult daily tasks. However, as with most innovative advancements, AI has also drawn concern from skeptics...more

Faegre Drinker Biddle & Reath LLP

You Made the List: SEC’s Spring Agenda Would Impact Broker-Dealers

The SEC’s Office of Information and Regulatory Affairs recently released the Spring 2023 Unified Agenda of Regulatory and Deregulatory Actions (the Agenda). The word salad of a title hints at the fact the SEC is considering a...more

McDermott Will & Emery

US Office of Management and Budget Calls for Federal Agencies to Reduce Barriers to Artificial Intelligence

McDermott Will & Emery on

On January 7, 2020, the Director of the US Office of Management and Budget (OMB) issued a Draft Memorandum (the Memorandum) to all federal “implementing agencies” regarding the development of regulatory and non-regulatory...more

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