In this episode of the FCPA Compliance Report, Jag Lamba, CEO at Certa, discusses how generative AI can transform compliance tools and enhance third-party risk management. He highlights the potential for AI to streamline processes, improve decision-making, and integrate compliance seamlessly into business operations.
The EU AI Act establishes prohibited practices for AI that pose significant risks to fundamental rights, including issues like indiscriminate biometric surveillance and social scoring. Salesforce emphasizes the importance of aligning AI development with ethical considerations and offers recommendations for companies to ensure responsible AI deployment.
The article emphasizes the urgent need for the U.S. to adopt a “black box” system for AI, similar to aviation, to learn from failures and enhance safety and governance in AI technologies. It advocates for improved AI literacy among the population to ensure that Americans can navigate the complexities of an AI-driven economy effectively.
Bloomberg Law will host a virtual forum titled “Navigating AI Regulations & Governance” on May 1, 2025, aimed at equipping legal and compliance professionals with insights into the evolving landscape of AI regulation. The event will feature keynotes and discussions with industry experts, focusing on the implications of federal and state policies, as well as the EU AI Act.
Bloomberg Law will host a virtual forum titled “Navigating AI Regulations & Governance” on May 1, 2025, aimed at equipping legal professionals with insights into the evolving landscape of artificial intelligence regulation. The event features keynote speakers from Google and the EU Commission, along with discussions on federal and state policies, compliance challenges, and the implications of AI regulations.
The European Commission unveiled its “AI Continent Action Plan,” outlining a strategy to enhance AI development and adoption across Europe, aiming to establish the continent as a global leader in the AI sector. The plan is structured around five pillars: computing infrastructure, data, skills, regulatory simplification, and adoption in key strategic sectors.
The European Union’s Artificial Intelligence Act (AI Act) aims to create a balanced framework for the responsible development and deployment of AI systems, addressing ethical considerations, transparency, and safety. This legislation represents a commitment to fostering a human-centric AI ecosystem that protects fundamental rights while promoting innovation.
As AI-powered agents become integrated into business operations, organizations face the challenge of determining whether IT or HR should manage these systems. Both departments have unique responsibilities to ensure AI functions effectively while addressing its impact on workplace culture and employee dynamics.
The N.C. Department of Information Technology (NCDIT) has appointed I-Sah Hsieh as its first artificial intelligence governance and policy executive to promote responsible AI use in the state. Hsieh brings over 25 years of expertise in AI governance and ethics, aiming to enhance efficiency while ensuring digital safety for residents, businesses, and visitors.
The European Commission is prepared to provide alternative solutions if technical standards for the EU’s AI Act are delayed, as the main standardization bodies have announced that the standards will now be ready in 2026 instead of August 2025. The Commission emphasizes that while these standards are not mandatory, they will significantly ease compliance efforts for providers of high-risk AI systems.
