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The European Union is investing resources and issuing legal tools in order to foster the lawful and accountable use of artificial intelligence (AI). In Spain, the Government is also...
Is the combination of regulation and pro-innovation policies enough to spur accelerating AI leadership?
The Eastern Partnership (EaP) needs an upgrade. This flagship policy of the European Union needs to evolve in line with the changing priorities and interests of the bloc and its eastern neighbours in everything from anti-corruption and security cooperation to gender equality and the environment. As the EU works to reform the EaP in such areas, it should pay particular attention to digitalisation: some of the bloc’s eastern partners have a keen interest in cooperation on the digital single market. Digitalisation creates huge opportunities for economic and social development in EaP countries....
As the EU establishes guidelines for ethical AI use, companies must do the same.
Surveys and Reports Regulatory Developments United Kingdom: Financial Services Act 2021 becomes law On 29 April 2021, the Financial Services Bill 2019-21 received Royal Assent. In a press release, HM Treasury described the Financial Services Act 2021 (the Act) as a ‘major milestone in shaping a regulatory framework for UK financial services outside of the EU.’ The Act makes significant amendments to key legislation, including the Financial Services and Markets Act 2000 (FSMA) and onshored EU financial services regulation. Sections of particular relevance include the following: Section 29 ...