Blog tagged as AI Governance

UAE - Decoding the Future of Law

The landscape of governance is rapidly evolving, driven by unprecedented technological advancements. At the forefront of this transformation is the United Arab Emirates, which is undertaking a truly radical initiative: leveraging Artificial Intelligence to assist in drafting and reviewing the natio...

23.04.25 11:44 PM - Comment(s)

Governance arrangements in the face of AI innovation in Oz

ASIC's review of 23 financial services and credit licensees revealed a "rapid acceleration" in AI adoption, accompanied by a shift towards "more complex and opaque" AI techniques. While licensees generally adopted a cautious approach to AI deployment, ASIC identified significant...

07.04.25 09:56 PM - Comment(s)

Navigating the AI Governance Landscape

The rapid proliferation of Artificial Intelligence (AI) presents unprecedented opportunities and challenges for organizations across all sectors. Ensuring the safe, secure, and ethical development and deployment of AI is not merely a technical concern but a critical strategic imperative. This brief...

31.03.25 09:28 PM - Comment(s)

Capital Markets AI Navigator: An Executive Briefing

Artificial intelligence is rapidly transforming capital markets, presenting both significant opportunities and critical challenges that demand executive attention.

Recent advancements, particularly in large language models (LLMs) and generative AI, have expanded AI applications beyond traditional ar...

24.03.25 06:58 PM - Comment(s)

Spain's Groundbreaking AI Legislation

The Spanish government has taken a significant step towards shaping the future of Artificial Intelligence with the recent approval of the draft law for an ethical, inclusive, and beneficial use of AI. This landmark legislation aims to adapt Spanish law to the already in force European Union AI regu...

17.03.25 08:47 PM - Comment(s)

AI Transparency in the Australian Government

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...

10.03.25 09:54 PM - Comment(s)

A Case for Adaptive Governance

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...

04.03.25 08:27 PM - Comment(s)

Using AI For APRA's CPS230 Compliance

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...

04.03.25 08:27 PM - Comment(s)

The ATO’s AI Audit Down Under!

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...

25.02.25 09:20 PM - Comment(s)

Trump Administration AI Policy

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...

21.02.25 06:28 PM - Comment(s)