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CIPL Issues White Paper on the Regulatory Sandbox Following Joint Roundtable with the ICO

Hunton Privacy

On March 8, 2019, the Centre for Information Policy Leadership (“CIPL”) at Hunton Andrews Kurth LLP issued a white paper on Regulatory Sandboxes in Data Protection: Constructive Engagement and Innovative Regulation in Practice (the “White Paper”).

Paper 75
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FCA sets out plans to make Big Tech a priority and provides update on its approach to AI

Data Protection Report

The speech also covered the FCA’s response to the Government’s White Paper on Artificial Intelligence ( AI ), which was also published in parallel with the speech. Work with Big Tech firms to examine whether their data from their data from their core digital activities would be valuable in certain retail financial markets.

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UK AI White Paper

Data Protection Report

At last, UK Government publishes its White Paper on AI – “A pro-innovation approach to AI regulation” – an opportune start, but as expected, a framework with detail to follow… The Department for Science, Innovation and Technology, has finally published its AI regulation white paper (the ‘ White Paper’ ).

Paper 52
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UK AI White Paper

Data Protection Report

At last, UK Government publishes its White Paper on AI – “A pro-innovation approach to AI regulation” – an opportune start, but as expected, a framework with detail to follow… The Department for Science, Innovation and Technology, has finally published its AI regulation white paper (the ‘ White Paper’ ).

Paper 52
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New York State Department of Financial Services Challenges OCC Authority on Fintech Charters

Data Matters

Office of the Comptroller of the Currency (OCC) announced its decision (the Fintech Charter Decision) to begin accepting applications from financial technology (fintech) companies for special purpose national bank charters. The Fintech Charter Decision is discussed in greater detail in a prior Sidley Banking and Financial Services Update.

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Spotcap Expedites Lending Decisions Using Kofax Kapow Robotic Process Automation

Info Source

By tapping into our full-service lending platform, traditional players can offer more refined services, efficiently serving SMEs with competitive financial services and products.”. How Financial Institutions are Improving Operations with Robotic Process Automation eBook. Bish, Chief Executive Officer of Kofax.

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Open APIs: A coming of age

CGI

One of the hottest topics at this year’s Sibos conference in Geneva, Switzerland was open APIs (application programming interfaces), and how their introduction is causing concern among some financial institutions, while offering promising opportunities for early adopters. Defining the data dictionary and data model. How should banks respond?