By Jeff Dale2024-01-25T21:38:00
The U.K. Information Commissioner’s Office (ICO) is seeking input from developers, users, and those interested in generative artificial intelligence (AI) to help inform policy and guidance regarding the technology.
On Jan. 15, the ICO announced the launch of a multipart consultation series on generative AI and data protection. The agency’s first consultation is open until March 1.
“The impact of generative AI can be transformative for society if it’s developed and deployed responsibly,” said Stephen Almond, executive director for regulatory risk at the ICO. “This call for views will help the ICO provide industry with certainty regarding its obligations and safeguard people’s information rights and freedoms.”
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The Information Commissioner’s Office updated its data protection fining guidance to provide companies with greater transparency and clarity about how and why it would issue penalties for a breach of the U.K. General Data Protection Regulation or Data Protection Act 2018.
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The Commodity Futures Trading Commission would like to learn more about how regulated entities might be using artificial intelligence in their compliance efforts, along with other applications.
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Sandeep Sacheti, executive vice president for customer information management and operational excellence at Wolters Kluwer, shares with Compliance Week how the company’s financial and corporate compliance division uses artificial intelligence to manage and analyze data.
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Private companies that are keen to trade their shares but do not wish to become listed have gained another way to trade their shares. The U.K. government completed its initial review and published rules for the system in June.
2025-10-03T21:24:00Z By Adrianne Appel
While the Trump administration may have shifted away from pursuing small, white-collar, financial crimes, its focus on health care fraud cases is as hot as ever.
2025-10-01T21:10:00Z By Neil Hodge
The U.K’.s financial regulator has given a strong indication that financial firms’ use of unauthorized devices and apps is under scrutiny and that policies around off-channel communications need to be tightened up.
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