Archive:August 7, 2024

1
Child’s Play: Congress Proposes Allowing Sandboxes for AI Within the Financial Services Industry
2
Europe: ESMA’s Call for Evidence on the UCITS Eligible Assets Directive Closes

Child’s Play: Congress Proposes Allowing Sandboxes for AI Within the Financial Services Industry

By Matthew J. Rogers and Maxwell J. Black

A bipartisan group in the US Congress has introduced legislation that aims to foster artificial intelligence (AI) innovation within the financial services industry by creating regulatory sandboxes. This new bill marks a significant step toward a unified, nationwide framework for regulating AI in the financial services industry.

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Europe: ESMA’s Call for Evidence on the UCITS Eligible Assets Directive Closes

By: Áine Ní Riain and Michelle Lloyd

The European Securities and Markets Authority (ESMA) has today closed its Call for Evidence (CfE) on the review of the UCITS Eligible Assets Directive (EAD).

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