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Beijing to boost driverless vehicle use, regulations to kick in from Apr 1

Beijing to boost driverless vehicle use, regulations to kick in from Apr 1

by AIP Online Bureau | Dec 31, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

Autonomous vehicles that pass road testing and safety assessments will be allowed to apply for road trials.Chinese authorities have been aggressively greenlighting trials for self-driving technology with at least 19 cities conducting robotaxi and robobus tests...
Work on to assess safety of AI; job loss from GenAI not intense in India: IT Secy

Work on to assess safety of AI; job loss from GenAI not intense in India: IT Secy

by AIP Online Bureau | Dec 12, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

“Safe and trusted AI is when you do the innovation, try and be responsible about it but there would be an assessment. We will try and see that it is safe and trusted in a manner that works for everybody. That is the other space that we are working on right now....

EU seeks to streamline ESG regulations amid growing backlash

by AIP Online Bureau | Dec 1, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

Asset managers have cautioned against letting streamlining morph into outright deregulation, which they worry would reduce the corporate transparency on which they rely to make ESG allocations The next European Commission will urgently seek to streamline the bloc’s...

End the secrecy: Insurers call on the EU to regulate private Third-Party Litigation Funding

by AIP Online Bureau | Nov 18, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Currently, the practice whereby private investors who are not party to the legal dispute, finance legal proceedings in exchange for a share of any financial award, is not properly regulated at European level Brussels: Insurance Europe, together with ten other...

Updated regulation on curbing spam calls likely by Jan, says Trai chairman

by AIP Online Bureau | Oct 29, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

The Trai Chief said series of measures taken over the past months by the regulator to combat spam calls and malicious/fraudulent messages is leading to “significant and perceptible clean up of the system” but noted that “more needs to be done”...
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