In this Newsletter we provide a comprehensive overview of the Australian Government's Artificial Intelligence (AI) Transparency Statement initiative. This mandatory requirement for Non-Corporate Commonwealth Entities (NCEs) marks a significant step towards fostering public trust and ensuring the re...
Significant Financial Institutions (SFIs) face increasing complexity in meeting CPS 230 operational risk management and business continuity requirements. AI-driven technologies can streamline compliance by enhancing risk assessment, monitoring, and automation. Here’s how AI can support SFIs in align...
Adaptive governance is crucial for the responsible development and deployment of generative AI. Generative AI's rapid evolution, broad scope, and capacity to augment human capabilities present unique governance challenges. Unlike traditional, static approaches, adaptive governance emphasizes flexibi...
When it comes to AI adoption, even government agencies struggle to get it right. The Australian Taxation Office (ATO), a heavyweight in the public sector, recently found itself under the scrutiny of the Australian National Audit Office (ANAO) for its AI governance—or lack thereof. The findings? A mi...
If you thought AI was all about managing risk and navigating regulations, the AI Action Summit in Paris just flipped the script. Held in February 2025, this high-profile gathering of over 100 countries and more than 1,000 stakeholders sent a clear message: AI adoption is now the top priority. While ...
Trump's actions aim to reverse the regulatory approach of the Biden administration, emphasizing innovation and American dominance in the AI sector. This includes revoking Biden's AI executive order, developing a new AI Action Plan, and potentially revising OMB memoranda related to AI governance...
Trump's AI executive order marks a shift from Biden's regulatory approach, emphasizing innovation and national competitiveness but raising concerns about reduced oversight.
Here's a breakdown of the key differences and potential impacts on AI governance:
It has been dubbed Australia’s “News Media Bargaining Code” – a world-first mandatory code of conduct to force tech giants to pay Australian media companies for news results (including links and snippets) searched through their platforms. The proposed legislation is the outcome of the 2017 Australia...
On the back of the pandemic-fueled crisis, governments worldwide have pledged more than US$10T in fiscal support, with total virus-relief spending in the US alone standing in excess of $2T. Eligible Americans are now receiving cash handouts of up to $1,200 in their bank account using existing method...
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