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Many businesses are using artificial intelligence (AI) in some form in order to create business efficiencies. Some businesses use generative AI for copywriting, software writing, or employ Chatbots. These programmes work by being ‘trained’ by the inputting of large amounts of data. Other AI in use includes tools to summarise data or to perform analysis. Some businesses use off-the shelf AI tools and others augment the tools with their own specific datasets.
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GDPR puts a variety of obligations on businesses. Due to the far-reaching penalties arising under data protection law, it is important for business-owners to recognise where a need for action is triggered. One area that causes confusion or may be overlooked is the requirement for a data transfer agreement (DTA). A business may need a DTA in the following situations:
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An Anti-Bribery and Corruption Policy or a Conflict of Interest (COI) Policy is not a legal requirement for most organisations. However, it is a crucial document for various reasons. A stated policy ensures compliance with legislation and international regulations and can help avoid legal consequences and penalties.
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A Diversity and Inclusion (D&I) Policy is not a required governance document under current Irish law, however, there are several reasons why a business might consider creating and utilising a Diversity and Inclusion (D&I) Policy.
Continue readingThe EU Artificial Intelligence Act came into force this week without much fuss. It creates obligations on all organisations that use or create artificial intelligence such as predictive analytics, virtual assistants, chatbots, HR tools, fraud detection tools, medical diagnostic tools, financial credit scoring, online retail recommendation engines, and targeted advertising.
Continue readingPartner at Fitzsimons Redmond LLP, Lisa Quinn O’Flaherty has been awarded the Compliance Institute’s Niall Gallagher Professional Diploma in Compliance Scholarship. Her first place article was published in the Spring 2024 ICQ magazine., which can be read below.
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