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In April 2021, the European Commission submitted a Proposal for a Regulation laying down harmonised rules on artificial intelligence (Artificial Intelligence Act) and amending certain Union legislative acts (COM (2021) 206 final). The legislative procedure will have - it is expected - further progressed at the time of the event. The presentation will discuss against the backdrop of the (then) current state of the law-making procedure the implications of the regulatory and supervisory approach at European level for the financial sector and beyond. 

The event will address one of the most important legislative approaches to artificial intelligence worldwide. By narrowing the perspective to its (legal) implications for the financial sector it will allow specific insights into how the rapidly further progressing digital transformation of the financial sector is responded to by the law. The pivotal realm of financial technology, here use cases of artificial intelligence in the realm of financial services and products, is of utmost important not only for regulators and supervisors, but for the finance industry and thereby for London particularly in the aftermath of Brexit. 

Presenter and moderator: Professor Gudula Deipenbrock, Professor of Business Law, Department 3, Economics and Law, HTW Berlin, Associate Research Fellow 2021/2022 at Institute of Advanced Legal Studies (IALS), University of London, London, UK

This event is free but advance booking is required. Details about how to join the virtual event will be circulated via email to registered attendees closer to the event date.