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Sam Bankman-Fried Verbose in Cross-Examination Outside Jury's Presence
U.S. District Judge Lewis Kaplan of the Southern District of New York observed that FTX and Alameda Research founder Sam Bankman-Fried has "an interesting way of responding to questions" as he took the stand in his fraud and money laundering trial.
Dispute Resolution Through the Lens of the Tech and Finance Sectors
A discussion of the developments in arbitration procedural rules as they relate to four issues that seem to be the key bases of such reluctance: the "optionality" of confidentiality, speed and expedited procedures, early dismissal opportunities and appealability of an arbitral award.
SEC Will Prioritize Cryptocurrency, Emerging Financial Technology in the Next Year
"The division's efforts, as laid out in the 2024 priorities, enhance trust in our ever-evolving markets," SEC Chair Gary Gensler said.
Navigating the AI Audit: A Comprehensive Guide to Best Practices
As the adoption of AI systems skyrockets, organizations must implement robust AI audit practices to ensure compliance with regulations and build trust with stakeholders and the broader community.
Decoding AI Audits: A Guide to Breadth and Depth
A key aspect of governance is determining the appropriate breadth (scope) and depth (detail) of an AI audit. This involves deciding which areas, functions, or components of an AI system to examine and the level of detail or thoroughness with which each area should be assessed.
With Legal Tech Blockchain Experimentation, US Is Lagging Behind
Blockchain technology could speed up some legal processes and update older financial systems. However, an NYSBA panel noted that some regulatory compliance regimes might be too rigid to accommodate the novel technology.Navigating the Pros and Cons of AI Audits in the Legal Sector
Integrating AI into legal processes raises concerns about appropriateness, transparency, and compliance with laws and regulations. AI audits assess AI systems against specific standards to address these concerns.Building Trust in Legal AI Systems Through Audits
As more sophisticated AI systems integrate into legal practices, the need for oversight grows to ensure these systems operate fairly and transparently and comply with all relevant laws and regulations. This is where AI audits come into play.TRENDING STORIES
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Law Firm Operational Considerations for the Corporate Transparency Act
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