4 résultats pour « Regulation »

Cyber‑Risks in Modern Finance: Building Operational and Regulatory Resilience

Financial institutions must enhance cyber defenses and regulatory frameworks must adapt to new risks. International agencies are creating coherent cybersecurity standards, exemplified by the EU's Digital Operational Resilience Act (DORA). Effective defense also requires robust institutional governance and sector-led standards.

Truly Risk‑Based Regulation of Artificial Intelligence - How to Implement the EU's AI Act

“... the paper analyses (i) how the AI Act should be applied and implemented according to its original intention of a risk-based approach, (ii) how the AI Act should be complemented by sector-specific legislation in the future to avoid inconsistencies and over-regulation, and (iii) what lessons legislators around the world can learn from the AI Act in regulating AI.”

DORA: Challenges and Some Reflections on the Adequacy of Europe’s Architecture for Financial Supervision

The paper reviews the DORA Regulation, highlighting challenges in supervisory convergence, solution centralization, and oversight fragmentation. It argues that despite DORA's positive steps for digital resilience, Europe's fragmented supervision system hampers its effectiveness. The authors suggest that a more centralized, cross-sectoral supervisory approach is needed for better regulation and supervision.

The Developing Law of AI: A Turn to Risk Regulation

This paper outlines the need for AI risk regulation due to documented harms caused by AI systems. It cites examples of proposed and enacted laws aimed at mitigating these risks but highlights challenges in quantifying harms. It criticizes a bias towards technocorrectionism and advocates for a broader regulatory approach to address AI's impacts effectively.