Topic: Ai insights
Subscribe to Ai insightsUK regulators’ strategic approaches to AI: A guide to key regulatory priorities for AI governance professionals
May 28, 2024
In February 2024, the UK Department for Science, Innovation, and Technology (DSIT) set out the government’s proposed approach to AI regulation. It published a response to its consultation on its 2023 white paper, ‘A pro innovation approach to AI regulation’ (the White Paper). DSIT confirmed that, for the time being, the UK will follow its proposed approach of setting cross-sectoral principles to be enforced by existing regulators rather than passing new legislation to regulate AI.
Singapore contributes to the development of accessible AI testing and accountability methodology with the launch of the AI Verify Foundation and AI Verify Testing Tool
June 22, 2023
On 7 June 2023, at the ATxAISummit, Singapore launched the AI Verify Foundation, which aims to “harness the collective power and contributions of the global open source community” in order to develop the AI Verify testing tool for the responsible use of AI.
FCA publishes speech on innovation, AI and the future of financial regulation
April 18, 2023
On 17 April 2023, the FCA published a speech by Jessica Rusu, FCA Chief Data, Information and Intelligence Officer, at the Innovate Finance Global Summit. The speech focused on innovation, artificial intelligence (AI) and the future of financial regulation.
UK AI White Paper
April 05, 2023
At last, UK Government publishes its White Paper on AI – “A pro-innovation approach to AI regulation” – an opportune start, but as expected, a framework with detail to follow…
The Wolfsberg Group publishes Principles for Using Artificial Intelligence and Machine Learning in Financial Crime Compliance
January 12, 2023
On 1 December 2022, the Wolfsberg Group published Principles for Using Artificial Intelligence and Machine Learning (AI/ML) in Financial Crime Compliance.