ASIC Tightens Rules for AI Trading Systems
Australia's securities regulator is amending market integrity rules to require stronger testing, monitoring and governance of trading systems and algorithms, including those using AI.
Government initiatives, international collaborations, and regulatory frameworks that shape the development and governance of AI technologies across global markets.
Australia's securities regulator is amending market integrity rules to require stronger testing, monitoring and governance of trading systems and algorithms, including those using AI.
The UK called for rigorous model testing, greater transparency from AI companies and stronger defenses against AI misuse during a UN Security Council session.
Greek Prime Minister Kyriakos Mitsotakis said job displacement from AI is going to happen and that no government or society is prepared for its speed, according to TechCrunch.
A report from AXA XL and S-RM identifies five priorities for managing AI risks through governance, security, incident planning and insurance.
Canada is working with G7 partners on a proposed international organization that would evaluate AI models before release.
Chinese President Xi Jinping called for China to expand advanced manufacturing, with a focus on AI, robotics, secure supply chains and lower carbon production.
The US proposed an AI safety notification system during talks with China ahead of a meeting between Presidents Donald Trump and Xi Jinping.
OpenAI is asking the US government to coordinate international technical standards for advanced AI. Its proposal covers model evaluation, automated AI research, human oversight and incident reporting.
A civil lawsuit accuses Anthropic, OpenAI, SpaceX AI and Google of illegally coordinating efforts to slow AI development. The plaintiffs seek to represent paid subscribers who they claim would receive less value from the companies' services.
Mistral AI and European officials argue that coordinated limits on model development could protect dominant US companies while Europe works to close its technology gap.
Virginia Governor Abigail Spanberger proposed new data center rules covering local approval, electricity costs, water use and grid access. An executive order also creates a task force focused on AI risks.
The Conference of State Bank Supervisors released optional guidance for examining artificial intelligence use at state supervised banks, including eight assessment questions and three risk tiers.
OpenAI CEO Sam Altman will address a UN Security Council meeting on artificial intelligence and international security. His remarks will cover international coordination and shared safety standards.
California Governor Gavin Newsom issued an executive order to accelerate independent AI oversight and develop recommendations for an emergency shutoff mechanism for frontier models.
Pennsylvania Gov. Josh Shapiro called for federal rules covering frontier AI models, including independent oversight, greater transparency and safety requirements.
Florida approved two rules governing AI tools in public schools and state colleges, requiring parental notice and an opt in for classroom tools, data protections and academic integrity limits.
The House passed the Ratepayer Protection Act by a vote of 417 to 3. The bill would have large data centers cover the added electricity and infrastructure costs needed to serve them.
The three part Classroom AI Governance series examines differences between campus AI policies and classroom practices, including undisclosed AI use in grading and advising.
Wings Credit Union will use Predict360 and Ask Kaia to support compliance testing and reviews of marketing materials.
Santa Cruz County supervisors rejected a proposal to require voter approval for zoning changes that would allow AI data centers in unincorporated areas.