
Anita Hodea
Articles
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Oct 29, 2024 |
jdsupra.com | Dylan Balbirnie |Anita Hodea |Paul Kavanagh
Key Takeaways The Bank of England considers the latest wave of AI developments to be a “step change” for financial modelling that brings substantial opportunities as well as risks. AI governance is a developing field and financial institutions can learn from the Bank of England’s experimental and considered approach to AI governance, which is underpinned by data governance and human accountability.
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Aug 21, 2024 |
solicitorsjournal.com | Anita Hodea |Nathan Smith
A involving Airbnb Ireland UC (Airbnb) and Amazon Services Europe Sàrl (Amazon) challenged measures imposed by the Italian Communications Regulatory Authority (AGCOM). Airbnb and Amazon argued that, under EU law, they should be regulated solely by the legal systems of their countries of establishment, Ireland and Luxembourg, respectively, rather than being subject to additional obligations under Italian law.
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Aug 7, 2024 |
solicitorsjournal.com | Paul Kavanagh |Dylan Balbirnie |Anita Hodea
The previous Conservative Government championed a ‘pro-innovation’ approach to AI regulation. As part of this strategy, the UK developed a non-binding, cross-sector, principles-based framework to enable existing regulators such as the Information Commissioner’s Office, Ofcom and the Financial Conduct Authority to apply bespoke measures within their respective fields of data protection, telecommunications and finance.
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Jul 11, 2024 |
jdsupra.com | Dylan Balbirnie |Anita Hodea |Paul Kavanagh
Key Takeaways1. The Labour Party has indicated an intention to implement specific regulation in relation to AI in the UK. However, the manifesto on which the party has won power, did not propose any general AI legislation. New legislation is expected to be more narrowly focused than the EU’s AI Act, specifically targeting companies responsible for the most powerful AI models. 2.
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May 13, 2024 |
lexology.com | Paul Kavanagh |Dylan Balbirnie |Anita Hodea |Nathan Smith |Madeleine White
Key TakeawaysThe EU Artificial Intelligence Act is expected to become law in summer 2024. It will take effect in stages with the majority of provisions affecting most businesses coming into effect after two years. The AI Act will introduce a new regulatory aspect of AI governance that will sit alongside existing legal frameworks that have a significant impact on AI, such as data privacy laws, intellectual property laws and anti-discrimination laws.
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