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Candidate, 2026 Overview On May 17, 2024, the California Civil Rights Department (CRD) took a step towards addressing the intersection of technology and employment with its proposed modifications to employment regulations concerning automated decision systems. By Sauntharya Manikandan, J.D.
Defining AI for Internal Policies A Few Considerations and Tips (July 29, 2024) Companies developing internal AI policies often face challenges deciding how to define AI and, relatedly, deciding when AI governance and compliance programs should apply to models outside their chosen definition. To subscribe to the Data Blog, please click here.
A Gartner report projects a 50% increase in spending on governance, risk and compliance technology by 2026—a surge sparked by rising regulatory requirements.
The European Commission proposed its AI Act— establishing binding rules on banned and “high-risk” AI systems — in 2021 (see our blog here ), however, the law is still being reviewed by lawmakers and is not expected to come into force before 2026.
The Basic Act on the Development of Artificial Intelligence and Establishment of Foundation for Trust (the Basic Act or the Act), which has several similarities to – and differences from – the EU AI Act, and comes into force on January 22, 2026. Internal ethics & compliance. Continue to monitor developments in Korea.
Most notably, however, the Act requires the creation and use of a new deletion mechanism for California consumers by January 1, 2026. The CPPA is responsible for creating this “accessible deletion mechanism,” which will allow consumers to make a single deletion request to all data brokers that maintain their personal information at one time.
The enforcement of vulnerability reporting requirements under the CRA will apply from 11 September 2026 and the main obligations introduced by the CRA will apply from 11 December 2027, including the requirements for security updates and vulnerability management.
CISA Proposes Major Reporting Obligations for Critical Infrastructure (April 8, 2024) In March, the Cybersecurity and Infrastructure Security Agency proposed a rule (based on the Cyber Incident Reporting for Critical Infrastructure Act ) which would mandate cybersecurity incident reporting for critical infrastructure entities starting in 2026.
The Data Act’s obligations are broad and may require significant engineering work to re-design products to ensure compliance. The access requirement will apply to connected products and related services placed on the market after 32 months from the Act’s date of entry into force – i.e. , in mid-2026.
Despite recent challenges in the EU “trilogue negotiations”, proponents still hope to reach a compromise on the key terms of the draft EU AI Act by 6 th December, with a view to passing to the Act in 2024 and most of the provisions becoming effective sometime in 2026.
Standardized workflow management Gartner’s 2023 Legal Technology Predictions Report estimates that by 2026, 40% of legal departments will tap into workflow automation to create an intake system for in-house work. Tips to get started: Audit your risk management and compliance. And for good reason.
Compliance with the rule is required by February 16, 2026. An upcoming final rule from OCR will finalize certain changes to the HIPAA Privacy Rule to address uses and disclosures of protected health information that is also protected by Part 2. The rule will become effective on April 16, 2024.
Plan for growth: Henchman’s goal is to enable 30,000 lawyers to draft contracts faster by 2026. Too complex for most legal workflows; lack legal-specific features and integrations; lack security and compliance aspects required by law firms. What problem do you solve? Who are your competitors? Excel, Outlook, or Word tables.
India intends to expand its electronics manufacturing and exports sector to US$ 300 billion by 2026. [xi] Which party would bear the cost of compliance? The change in India’s position to allow Chinese investments is based on multiple factors.
Most of the substantive requirements will come into force two years later, from 1 August 2026, with the main exception being “Prohibited” AI systems, which will be banned from 1 February 2025. High Risk: A small number of uses will be subject to additional compliance requirements. What AI Systems are covered by the Act?
On May 17, 2024, Colorado passed Senate Bill 24-205 (“the Colorado AI Law” or “the Law”), a broad law regulating so-called high-risk AI systems that becomes effective on February 1, 2026. Create a roadmap for compliance. Key Takeaways from the Colorado AI Act Scope the applicability. Modify contracts.
A PwC India report says that by 2026-27, UPI will account for 90% of the total retail digital payments in the country. Finshots ] Save Now, Pay Later (SNPL)- An emerging business model in Fintech [ Credgenics Blogs ] Fintech Global: Will AI take over the regulation and compliance in the future? We’d love to hear from you.
Plan for growth: Henchman’s goal is to enable 30,000 lawyers to draft contracts faster by 2026. Too complex for most legal workflows; lack legal-specific features and integrations; lack security and compliance aspects required by law firms. What problem do you solve? Who are your competitors? Excel, Outlook, or Word tables.
Given the current lack of clarity over the scope of these requirements, there are only a few concrete compliance steps that businesses must take now. On 2 August 2026, most of the obligations relating to high-risk AI systems will take effect, with minor exceptions, as well as the transparency requirements.
Candidate, 2026 On March 15, 2022, President Biden signed the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) into law. By properly scoping these reporting requirements, CISA can encourage industry compliance with reporting requirements and focus its efforts on responding to high severity cyber incidents.
If this timeline is met, the first provisions of the Act to come into force (the prohibition on “unacceptable risk” AI systems) will take effect in late 2024, followed by the requirements related to “high risk” systems in early 2025, and the remaining provisions in 2026. Conduct a preliminary review of current AI systems.
Those include both the ability to set targeted conduct requirements on companies (including AI companies) found to have “strategic market status” in respect of their digital activities and to levy significant financial penalties for non-compliance. How to Prepare.
EU lawmakers are currently negotiating changes to the Commission text, with hopes of finalizing the text by the end of this year, although many of its obligations would only begin to apply to regulated entities in 2026 or later. This blog post discusses key similarities and differences between the two.
The Cybersecurity Infrastructure Security Agency (“CISA”) recently published its detailed Cybersecurity Strategic Plan for the fiscal years 2024 to 2026, which is intended to align with the National Cybersecurity Strategy. The CISA Plan outlines goals, including that technology products are secure by design and default.
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