As AI intersects into ever more areas of everyday life, legislators across the world are increasingly focused on ensuring that intersection does not become unwelcome intrusion. In recent months the EU has taken centre stage with the release of drafts of its proposed EU AI regulation (the “EU Regulation
Continue Reading AI-gatha Christie: What clues does the AI Policy Paper provide about the future for regulation of AI in the UK?
Following the publication of the Financial Services and Markets Bill (“FSM Bill”) on 20 July 2022, the Prudential Regulatory Authority (“PRA”), the Financial Conduct Authority (“FCA”) and the Bank of England (“BoE”) (together, the “Supervisory Authorities”) on 21 July 2022 published their Discussion Paper P3/22 (the “DP”) that sets out
Continue Reading Operational resilience in the UK financial services sector: New requirements aimed at ‘critical third parties’ to be introduced
The proposed EU AI Regulation, a comprehensive regime for the purposes of regulating AI in the EU, is set to impact organizations around the world. It is expected that the proposed regulation will be enacted in 2024 or 2025. Once that happens, those that make AI available within the EU,
Continue Reading Coming EU legislation will change the AI regulatory environment for healthcare technology and life sciences companies
Use of AI in healthcare continues to solidify itself as a solid practice for the benefit of patients and healthcare providers. No more than a cursory search of the subject provides a number of existing examples, such as cancer detection, of AI intervention in AI. In some cases, such
Continue Reading IFPMA issues principles encouraging ethical use of AI in healthcare
Since its release in April 2021, the draft AI regulations (the “Regulations”), also referred to as the EU AI Act, have acted as a catalyst of legal, political, and societal developments within the field of AI. Forming the basis of many of the developing trends for AI in
Continue Reading Shifting sands for AI in Europe: Spain unveils Europe’s first sandbox for artificial intelligence
In November 2021, we reported on a consultation by the UK Intellectual Property Office (“UKIPO”) on potential amendments to existing intellectual property law in light of AI created works and inventions. The consultation sought responses on three key issues:
On Friday 17 June 2022, Ofcom announced a new set of rules coming into force requiring customers of telecoms services (including broadband, mobile and landline services) to be provided with “short and simple” contract details when signing up to a new deal, and an expanded right to exit from their
Continue Reading New rules on short and simple telecoms contract details
The European Data Protection Board (“EDPB”) has published Guidelines 5/2022 on privacy issues in the use of facial recognition technology by law enforcement agencies.
Below are the most relevant points set out in the EDPB’s.
Facial recognition technology
Facial recognition represents one of the most innovative and revolutionary technological inventions
Continue Reading Facial recognition: the new EDPB 5/2022 guidelines are online!
In the UK, any person who wishes to operate an earth station gateway, or earth station terminals, as part of a NGSO satellite network must obtain a relevant earth station licence from Ofcom.
In December 2021, Ofcom introduced changes to its existing NGSO earth station licensing process.
The evolution of payment methods in the metaverse and the new meta-economy are key concepts in understanding how tomorrow’s commerce will look: decentralized, secure, and fast. The metaverse is synonymous with innovation. And the biggest players in the market are already taking advantage of the new opportunities it offers.
The
Continue Reading Payment schemes in the metaverse – cryptocurrencies and smart contracts
The recent enrolment of one of the world’s largest cryptocurrency exchanges in the special section of the so-called “Organismo degli Agenti e Mediatori” (OAM) in Italy is something that should not go unnoticed for at least two reasons: (i) first of all, we will observe for the first time how
Continue Reading Cryptocurrency exchanges officially in Italy. What are the applicable regulatory requirements?
