📅 15 November 2024
DSIT Publishes AI Opportunities Action Plan
Department for Science, Innovation & Technology
National Policy
All Sectors
High Impact
UK government sets out £50 million AI Research Resource and commits to updating copyright frameworks for AI training.
💡 What This Means
- Public Sector: Increased pressure to adopt AI. Start readiness assessments now.
- SMEs: AI Research Resource could democratize access to computing power.
- All Organizations: Government expectations rising. Conduct gap analysis.
📅 8 November 2024
ICO: New AI and Data Protection Guidance
Information Commissioner's Office
Data Protection
All Sectors
Critical
Updated guidance clarifies GDPR compliance for AI systems. DPIAs now explicitly required for high-risk AI.
💡 What This Means
- Action Required: Audit all AI systems for GDPR compliance immediately.
- GenAI Users: Review ChatGPT/similar tool usage. Personal data restrictions apply.
- HR Teams: AI recruitment tools need additional transparency safeguards.
📅 1 November 2024
FCA Opens AI in Finance Consultation
Financial Conduct Authority
Financial Services
Finance
High (Finance)
Consultation on AI use in finance covering algorithmic trading, credit decisions, fraud detection. Closes 15 January 2025.
💡 What This Means
- Financial Firms: Increased scrutiny coming. Document governance now.
- Opportunity: Shape regulation by submitting evidence.
- Algorithm Transparency: Expect new requirements to explain AI decisions.
Get Monthly Policy Updates
Subscribe for our monthly digest of UK digital policy developments with practical analysis.
Subscribe Free →