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AI: Risk and Regulatory Considerations for Irish Regulated Firms

These risks include operational vulnerabilities; ethical concerns; data privacy issues; and, as we will consider further here, regulatory compliance challenges.

CMA outlines initial concerns involving AI foundation models

The CMA is concerned that the businesses which control the main inputs

Global Data Review Ranks Ropes & Gray an Elite Firm for Data Law for Third Consecutive Year

The GDR 100 identifies and profiles the world’s best data law firms.

Slaughter and May announces fourth Collaborate Cohort

For the fourth cohort, the firm sought to work with legal tech startups of all shapes and sizes – but those using generative AI were encouraged to apply.

Seeing is deceiving: manipulated digital content, deepfakes and the law

The EU AI Act does say that AI systems that influence the outcomes of elections or voter behaviour are treated as high-risk systems.

Noah Roworth has been shortlisted in the Jersey Finance Rising Stars awards 2024

Noah was put forward by Director of Information Technology Craig Hartley

New PCI DSS requirements for payment card processors in effect from 1 April

The fourth version of the standard will come into effect on 1 April, impacting all companies that handle cardholder data.

Cracking the code: Legal hurdles for integrating AI in Singapore

The effectiveness of AI technology hinges on the quality of data sets used for training the AI tool.

UK bitcoin money laundering case underscores key prevention role of professional services

Wen was ultimately found guilty of an offence related to money laundering.

AI moves the dial on addressing tech change in outsourcing contracts

When a supplier is required under an outsourcing contract to engage in continuous improvement this will give a customer confidence that the supplier will consider technology

How AI use in cyber attacks affects insurers’ risk exposure

Insurers may also wish to consider how the use of AI to enable cyber attacks impacts more broadly across other insurance products

Gen-AI risk management under Digital Services Act scrutiny

The Commission emphasised that its exercise of information gathering powers in the two cases “is an investigatory act

Macfarlanes secures important victory for Bitcoin developers in dispute over identity of Bitcoin inventor

The Macfarlanes team acting for the Bitcoin developers

French data protection authority outlines 2024 priority investigation topics

The CNIL recently announced its priority investigation topics for 2024.

Latham Honored by Chambers & Partners at Annual Middle East Awards

Firm named UAE TMT Law Firm of the Year and Salman Al-Sudairi recognized with Outstanding Contribution Award.

Maples Group Advances AI Strategy with Global Rollout of Harvey AI Partnership

Harvey, a secure generative AI platform for sophisticated professional services, has earned the trust of leading international law firms

UK government calls for enhanced cyber security system governance

The code sets out a primary objective of better protecting businesses

Government training and development focus supports UK tech capabilities

Earlier this month, Intralink announced that it had helped seven UK businesses meet with Korean semiconductor companies

Artificial Intelligence and Fund Governance

Managers are also using AI tools to stress test portfolios

European Commission closes four Digital Markets Act investigations, separate investigation continues in Germany

While this is positive news for gatekeepers, there has been some criticism by stakeholders in response to the Commission’s decisions.

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