The Financial Conduct Authority is stepping up its work on AI in financial services. The results of its recent AI Sprint show how...
The Bank of England is closely monitoring the implications of how artificial intelligence is used in financial services. In a new report...
The European Commission has issued guidance on what systems are artificial intelligence under the EU’s AI Act. Understanding the scope of...
The EU AI Act is a regulation which applies directly in every Member State and seeks to impose requirements on the supply and use of AI...
The payments industry has a strong track record of using AI to help spot and stop fraud. Now, as they explore other opportunities to...
As AI rapidly develops, it brings with it the risk that firms might be accused of ‘AI-washing’: ‘overselling’ their AI’s capabilities,...
As our mid-year legal outlook shows, the legal impact of AI adoption is not limited to the tech sector. Financial services firms are...
The Spanish Council of Ministers has passed a Royal Decree that allows registration for artificial intelligence system providers and...
The Spanish Ministry of Economic Affairs and Digital Transformation has announced the pre-registration opening for artificial...
Today, the European Parliament has adopted its position on the AI Act. The EU now comes a step closer to passing the first ever...
AI is evolving at a very rapid pace and the regulatory environment has struggled to keep up. The Spanish Ministry of Economic Affairs and...
EU and US lawmakers are working together to create a voluntary code of conduct for artificial intelligence (AI). The aim of this code is...
The Spanish Data Protection Agency (AEPD) has recently published guidance on the importance of ensuring that the data used to train an AI...
Yesterday, the Internal Market Committee and the Civil Liberties Committee of the European Parliament adopted the first ever rules...
The European Union Agency for Cybersecurity (ENISA) has recently issued a press release relation to its report which assesses the...
After extensive negotiations, members of the European Parliament have reached a political agreement on new rules to regulate general...