Media
Collaborations with trusted members of the community.
September 2024
AI & Partners and OneTrust DataGuidance | EU: Implementation of ISO/IEC 42001:2023 standards as AI Act compliance facilitator
The article explains the new EU AI Act, which sets rules to make AI safe and fair in the EU, with fines for breaking them. It introduces a helpful standard, ISO/IEC 42001:2023, which guides businesses on how to manage AI risks and follow the AI Act. This standard covers important areas like transparency and accountability. However, many businesses, especially smaller ones, aren’t aware of these rules and may find it hard to implement them. Using this standard can make it easier for companies to comply with the new AI regulations.
September 2024
AI & Partners and CX Network | A guide to procuring trustworthy AI solutions
As the demand for artificial intelligence (AI) products and services continues to soar, enterprises across all industries are increasingly integrating AI into their operations to enhance efficiency, drive innovation and maintain a competitive edge. In fact, CX Network’s research into the Global State of CX found AI-powered technologies for operations to be the second most important trend changing the role of CX practitioners in 2024.
September 2024
AI & Partners and Government Tomorrow Forum | Three Biggest Challenges for AI Implementation in the Public Sector: GTF
GTF team contacted 120 experts in AI from academia, business, and consultancy, and conducted over ten deep interviews. Through our work, we have managed to identify the top three challenges that are most commonly named by experts in AI, including business representatives, academics and consultants. Among these challenges are lack of global AI coordination, the complexity of technology, social concerns, citizen`s education, data ownership, cybersecurity and others.
August 2024
AI & Partners and HKU FinTech | "The EU AI Act: Why it matters for Asia and beyond"
In this #regulatoryramblings episode, host Ajay Shamdasani discusses the EU AI Act, the world's first comprehensive AI law, which took effect on August 1, 2024. The guests explore its global impact, particularly on compliance officers, in-house counsel, and businesses both within and beyond the EU.
July 2024
AI & Partners and CMS Law | EU: The AI Act: A new era for businesses
On July 12, 2024, the EU officially published the Artificial Intelligence Act in the Official Journal of the European Union, marking a significant milestone in the regulation of artificial intelligence (AI) technologies. This comprehensive legislative framework aims to ensure the safe, transparent, and ethical use of AI within the EU, while fostering innovation and protecting fundamental rights. For businesses, the EU AI Act brings both opportunities and challenges. Sean Musch and Michael Charles Borrelli, from AI & Partners, and Charles Kerrigan, from CMS UK, explore the key provisions of the Act and what they mean for businesses operating in the EU.
June 2024
AI & Partners and Government Tomorrow Forum | How governments should tackle data privacy concerns adopting AI?
A team contribution to one article focused on the research about AI in the public sphere. In this article, we tackle data privacy and expert recommendations on how to deal with data and cybersecurity concerns while implementing projects with AI.
May 2024
AI & Partners and The Institute of Directors | Impact of EU AI Act on various FinTech segments
As the EU AI Act only affects individuals, segments of business which are directly client related, such as digital lending and digital banks, are more impacted by the regulation than other segments. While the focal point of this White Paper is on customer trustworthy AI, it is important to remember that the EU AI Act applies to the deployment of AI systems that affects any EU resident. Thus, it may concern all sorts of AI systems that can be found within a FinTech company.
May 2024
AI & Partners and Informa Tech | Navigating the Global AI Landscape: Balancing Regulation and Innovation
In recent years, governments and regulatory bodies worldwide have recognised the imperative to establish frameworks governing AI development and deployment. From the General Data Protection Regulation (GDPR) in the European Union to the Algorithmic Accountability Act in the United States, there's been a surge in regulatory efforts to address AI's ethical, privacy, and safety concerns. These developments reflect a growing recognition of the need to ensure AI technologies align with societal values and norms. Join us for more insights touched on in this article.
April 2024
AI & Partners and AI Time Journal | AI Trends 2024
The eBook collects insights and commentary from top industry experts who took part in our surveys and interviews.
The eBook covers a wide range of topics, including:
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Generative AI and LLMs: It highlights the revolutionary capabilities of generative AI and Large Language Models in enhancing creativity, decision-making, and personalized experiences.
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AI Safety and Ethics: The text underscores the importance of prioritizing safety and ethical considerations in AI development to ensure responsible and risk-mitigated application.
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Democratization of AI: By making AI more accessible, there’s a significant push toward fostering innovation, equality, and inclusivity in technology.
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Impact on Business and Society: AI’s role in transforming industries, boosting efficiency, and driving economic growth is examined, along with its broader societal implications.
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Essential Skills for the AI Era: The necessity for both technical proficiency in AI and critical soft skills like ethical judgment and critical thinking is emphasized.
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Innovative Companies and Tools: The eBook identifies leading companies and innovative tools shaping the future of AI, highlighting the sector’s dynamic evolution.
AI & Partners and AI Time Journal | AI Trends 2024
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The European Union's (“EU”) artificial intelligence (“AI”) Act (the “EU AI Act” or “Act”) signifies a landmark in the regulation of AI, impacting corporate finance and strategic investments profoundly. As AI becomes increasingly embedded in business operations, understanding the Act's implications is paramount. This legislation aims to ensure the safe, ethical, and transparent use of AI within the EU, reflecting the growing importance of responsible AI deployment. In this article, we delve into the Act's scope, its implications for risk management and innovation, and its significance for strategic business insights. As businesses navigate compliance and seize opportunities, they must embrace AI risk management to thrive in the evolving landscape of corporate finance and strategic investments.
February 2024
AI & Partners and The Economist | Navigating the Future: Unleashing the Power of Generative AI at the 4th Annual Business Innovation Summit
In a world where the pace of technological advancement defines success, the 4th Annual Business Innovation Summit emerges as a beacon for leaders navigating the transformative landscape of artificial intelligence. Under the overarching theme of, "Harnessing AI: from fear to fortune," this summit promises not just to demystify the complexities surrounding generative AI but to empower leaders to leverage it for innovation and growth. In this small excerpt, we'll uncover the reasons why this event is not just another summit but a crucial opportunity for business leaders seeking to remain at the forefront of industry evolution.
AI & Partners and CMS Law | EU: Navigating the AI Act - key practical considerations for provider obligations
In the context of business operations, understanding providers' obligations under the EU Artificial Intelligence Act (the AI Act) remains key given their position as a key actor in the artificial intelligence (AI) value chain. The first part of this series on the AI Act explored what types of AI are covered and what obligations are applicable to each AI actor. In this article, Sean Musch and Michael Charles Borrelli, from AI & Partners, and Charles Kerrigan, from CMS UK, aim to offer a brief explanation of the profound importance of providers' comprehending and adhering to these obligations, which extend beyond a mere checklist of regulatory requirements.
AI & Partners and CMS Law | EU: Navigating the AI Act - key practical considerations for users and other AI actors
Understanding the obligations inherent under the European Union (“EU”) artificial intelligence (“AI”) Act (the “EU AI Act” or “Act”) is paramount for users and other actors navigating this dynamic landscape. This section explores the significance of comprehending these obligations and places them in the broader context of the ever-evolving AI terrain.
AI & Partners and FinTech Futures | How the EU AI Act could transform financial services
While artificial intelligence (AI) has enjoyed a huge spike in popularity across all provisions of financial services over the last year or so, European regulators have set themselves the ambitious task of keeping on top of a technology that appears to show no signs of slowing down with the imminent arrival of the EU AI Act.
January 2024
AI & Partners | What Kind Of Artificial Intelligence Technological Development Trend Can We Expect In 2024?
As we venture into 2024, the dynamics of AI regulation are poised to undergo significant shifts, with a spotlight on the metaverse and its integration into various aspects of our lives.
INPUT Communications | Navigating the detail of the EU’s AI Act: An Insightful Discussion with Michael Borrelli, Co-CEO/COO at AI & Partners
In this exclusive interview, Michael Borrelli delves into the complexities of the European Union’s Artificial Intelligence (AI) Act, offering a comprehensive analysis of its impact on the global technology landscape. This conversation not only sheds light on the intricacies of the legislation but also offers foresight into how it might influence global AI governance and the balance between technological advancement and ethical considerations
LEXOLOGY | Two Years of EU AI Act: What Can We Expect Moving Forward?
Following the European Commission’s (“EC”) political approval of the European Union (“EU”) artificial intelligence (“AI”) Act (the “EU AI Act”, “Act” or “Regulation”)1 after more than two years since the initial proposal in April 20212, AI & Partners provides input on the central elements of the EU AI Act3 that can be a success alongside recommendations for how the EU AI Act can be triumphant. These are based on an certain aspects of the ex-post exercise conducted by DIGITALEUROPE with regards to the General Data Protection Regulation (“GDPR”).
Professional Wealth Management | Navigating an ethical future for wealth managers in the AI era
In a fast-changing industry deploying AI to introduce hands-free robo platforms for onboarding, marketing and investments, as well as helping human advisers, an ethical approach to tech transformation should be the goal of both regulators and innovators.
AI & Partners and #RISK AI | Global AI Benchmarking Study
Report to help stakeholders understand the global AI industry.
AI & Partners and CMS Law | EU: Navigating the EU AI Act - understanding types of AI and obligations for AI actors
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The EU's Artificial Intelligence Act (the AI Act) represents a pivotal development in the regulatory landscape, ushering in a new era for businesses engaged in artificial intelligence (AI) development. This comprehensive legislation aims to address the challenges and opportunities presented by AI technologies, establishing a framework that balances innovation with ethical considerations. In part one of this series looking at the AI Act, Sean Musch and Michael Charles Borrelli, from AI & Partners, and Charles Kerrigan, from CMS UK, look at what types of AI are covered and what obligations are applicable to each AI actor.
December 2023
AI & Partners and CMS Law | New EU Legislation For Artificial Intelligence – What It Means For Wealth Management
The arrival of new EU rules governing AI looks imminent. This article considers its main features and genuflects on what this could mean for the wealth management sector.
AI & Partners and CMS Law | Journal of Data Protection & Privacy: Balancing AI innovation with data protection: A closer look at the EU AI Act
In this paper the authors explore the intricate relationship between artificial intelligence (AI) innovation and data protection within the framework of the EU AI Act.1 This groundbreaking legislation addresses the challenges posed by the rapid advancement of AI to safeguarding individual privacy rights. The paper analyses the EU AI Act's provisions, including in-scope entities, extraterritorial applicability, AI system classification, permitted usage and breach notification. It delves into the protection of individuals' fundamental rights, transparency and consent mechanisms. Ultimately, the study underscores the EU AI Act's significance in shaping responsible AI development amid evolving data protection concerns.
AI & Partners, CMS Law and the North Sea Transition Authority | Powering Change: Analysing the Implications of AI Regulation on the Offshore Energy Sector
The continuous advance of artificial intelligence (“AI”) has ushered in an era of transformative change across industries, reshaping conventional paradigms and catalysing innovation. Within this context, the European Union's (“EU”) AI Act (the “EU AI Act”) emerges as a pivotal development that holds the potential to reshape sectors and industries through its regulatory framework and provisions. The offshore energy sector, with its intricate web of challenges and imperatives, stands squarely within the crosshairs of this transformative wave.
November 2023
TechUK | WRC and the UK: Navigating AI’s wireless frontier
The WRC stands as a crucial event on the international technology landscape, with implications that stretch beyond its immediate radiocommunication focus. The United Kingdom , in particular, has a vested interest in the outcomes of WRC, given its significant impact on various sectors and, notably, the pressing issue of AI and the implications of the EU AI Act.
October 2023
AI & Partners and CMS Law | Intelligent Tech: Episode 5: The EU AI Act, Corporate Risk and Compliance
The digital revolution is here, and Intelligent Tech is leading the way! Brought to you by experts in the Finance team specialising in digital assets and deep tech, this series explores important and topical themes in the artificial intelligence (AI) sector. Join us for insightful conversations with a range of guests, each sharing their expertise in specific areas. In this series, we’ll cover a range of topics such as deepfakes, records management and the regulatory considerations of AI. Stay tuned as we dive into these areas!
AI & Partners and CMS Law | Proposal for Standard Contractual Clauses in AI Procurement by Public Organisations
Article exploring the rising significance of AI in public services and the compelling argument for standardized procurement clauses to safeguard responsible AI implementation.
AI & Partners and Temple Avenue Group | Combating Cyber Criminals with the EU AI Act: Unveiling the Power of Regulation in GRC Market
This article scrutinises the fusion of AI and cybercrime, outlining the fundamental concerns, and subsequently, the regulatory dimensions that the EU AI Act presents as a viable solution to address these formidable challenges.
The EU AI Act: A Comprehensive Regulatory Framework for Ethical AI Development
This academic article offers a comprehensive exploration of the potential impact of the proposed European Union (“EU”) Artificial Intelligence (“AI”) AI Act (the “EU AI Act” or “Act”) on the banking sector.
AI & Partners: The EU AI Act As Global Artificial Intelligence Regulation
A comparison of the United Kingdom’s plans for implementing a pro-innovation approach to regulation (“UK Approach”) versus the European Union’s proposed Artificial Intelligence Act (the “EU AI Act”) by our co-founders.
The Impact of the European Union Artificial Intelligence Act on the Banking Sector: Individuals’ Fundamental Rights, Conflicts of Laws and Brexit
The Impact of the European Union Artificial Intelligence Act on the Banking Sector: Individuals’ Fundamental Rights, Conflicts of Laws and Brexit.
August 2023
AI & Partners and CMS Law | The EU Artificial Intelligence Act: Effects On Wealth Management And Beyond – Part 1
This is the first in a three-part series examining how new European Union rules affecting artificial intelligence will affect development and the use of AI and what this means for the private banking and wealth management community.
AI & Partners and CMS Law | The EU Artificial Intelligence Act: Effects On Wealth Management And Beyond – Part 2
This is the second in a three-part series offering practical guidance for compliance, giving advice on implementing transparency measures - and more!
AI & Partners and CMS Law | The EU Artificial Intelligence Act: Effects On Wealth Management And Beyond – Part 3
This is the last in a three-part series looking at AI's global implications and the required safeguards.
May 2023
Marco Morzzoni | EU AI Act – AI in Crypto, Deterring Financial Crime
