GDPR and AI crossroads: How to balance Data Privacy and AI Governance?
What’s happening?
Everyone is talking about how to regulate AI. Though it looks like that’s all it is, just talks. Yet, on the 14th of June, the European Parliament passed a draft law on AI aimed at building a ‘Responsible AI’- which interestingly
The GDPR’s 5th Anniversary: Top 3 Lessons
1.What is GDPR’s biggest misconception?
2.Why should SMEs care about the GDPR if regulators seem to be focussing on the big tech companies?
3.What are the most overlooked requirements of the GDPR?
Do not get caught out! EU/UK-US Data Transfers in Muddy Waters
If you are a US business offering goods or services in the EU or UK, and you used to rely on the Safe Harbor Framework and later Privacy Shield for international data transfers, then your boat was rocked when the Court of Justice of the European Union (CJEU) invalidated both.
FRANCE: AFG White Paper “Technological innovations: what strategies for asset management companies?†– Key take-away points
The Association Française de la Gestion (AFG) released a white paper[1] on 2nd February 2023 after hosting an event on the same day
More Regulation = More Growth…? – The Government’s position explained and how to adapt to it
In the finance world, the prevailing opinion is more regulation = less growth. The dominating sentiment is that complying with regulations is time-consuming, and costly, reduces productivity and innovation, and impedes businesses and therefore the economy.
The FCA cheers for the RegTech but does the industry?
The FCA engaged an independent firm to conduct a research among financial services (FS) firms to understand how the FS industry perceives RegTech and, by extension, whether the FCA’s efforts were fruitful. Â
AMF: outsourcing of compliance controls effective 31st March 2023
The AMF made it clear to the businesses that although they outsource their compliance functions, they remain responsible for them and must stay in control.
Why are companies crazy about Online training?
Online training has become incredibly popular in the last 3 years. COVID-19 pushed this to become the first source of training for companies.
RegTech market in France
In the last two years, French RegTechs experienced unprecedented development as evidenced, in particular, by the increase in the sums raised during their funding rounds. These start-ups are attracting more and more financial institutions and companies facing ever-increasing regulatory constraints.
UK vs USA: RegTech Edition
The economic differences have always been the biggest and most interesting ones. However, today we want to focus on other differences, notably what is the approach of both nations to compliance, business infrastructure and how RegTech is used and developed in the US and UK.
