The coming year looks poised to act as a pivotal junction for the UK financial services regulators in deciding how to approach the regulation of artificial intelligence (AI), as the financial services industry sees the continued expansion of AI-related capabilities and use cases. To avoid stifling innovation, the UK government plans to take an “agile and iterative” approach, focusing on regulating harmful uses of AI rather than regulating AI systems as a whole. Yet this stance stands in contrast with more prescriptive approaches taken by the EU and US, requiring firms to carefully consider their use and management of AI. In this episode of Connected With Latham, the latest in a 10-part series complementing Latham’s “10 Key Focus Areas for UK-Regulated Financial Services Firms in 2024” report, London partners Rob Moulton and Fiona Maclean speak about the expected regulatory developments addressing artificial intelligence. They discuss the potentially busy year ahead for financial services regulators, the risks firms should consider, and how to navigate differing international approaches to AI.
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Episode 21 – Healthcare Tech: How Are Licensing Agreements Bridging the Industry Divide?
Episode 20 – Healthcare Tech: How Will the FDA Regulatory Framework Adapt to AI?
Episode 19 – Copyright & Brexit: How Will Article 15 of the EU Copyright Directive Affect Publishers and Platforms?
Episode 18 – Tech Trends: Has the Tide Turned for Transatlantic Data Transfers Post-Schrems II?
Episode 17 – Copyright & Brexit: Will the UK Copy the EU Directive or Develop Its Own Regime?
Episode 16 – Insolvency Reform: Spotting and Mitigating Future Risk in Supply Relationships
Episode 15 – Healthcare Tech: What Legal Pitfalls Should Tech Companies Avoid As They Jump Into Healthcare?
Episode 14 – Fintech Focus: Crypto in the Crosshairs – What Regulatory Themes Characterized 2020?
Episode 13 – Fintech Focus: How Did Singapore Solidify Its Position as a Leading Fintech Hub in 2020?
Episode 12 – Fintech Focus: Payments During the Pandemic – What Key Legal and Regulatory Themes Emerged During 2020?
Episode 11 – Restructuring in Asia: How Will Chinese Bond Defaults Resolve?
Episode 10 – PE Views: The Lipstick Effect — Why Are Beauty Deals Increasingly Attractive for Private Equity?
Episode 9 – Tech Trends: CCPA and the Next Wave of Data Privacy Regimes
Episode 8 – Corporate Culture: How to Attain Sustainable Change
Episode 7 – Brexit & Financial Services: Preparing for the End of the Transition Period
Episode 6 – Tech Trends: Tech M&A – How Has the Pandemic Changed the Market?
Episode 5 – Insolvency Reform: Termination on Ipso Facto of Supply Contracts
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Episode 3 – Tech Trends: AI is Here. Now, can we teach the robots ethics and legal compliance?
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