regulation
A year and a half delay, machinery exempt, and sandboxes delayed to smooth transition.
"AI-driven failures sit squarely within scope"
Regulations come at expense of cybersecurity response, claims industry panel.
“‘I did not understand it’ is not a defence" says FCA and denies new senior managers regime is needed.
The regulator extended consultation on parts of the bill after a legal challenged by Wikipedia.
The act will transform data sharing for businesses, consumers, and the public sector.
The EU's AI innovation has been held back by a fragmented market, AI chief admitted.
Insurers and vendors alike call for clarity on who would be affected, and what reporting mandates will look like.
"We didn't start from nothing, we had the principles of model risk management, information security, and privacy..."