RR Ep #51 - "The EU AI Act: Why it matters for Asia and beyond" with Michael Charles Borrelli and Anandaday Misshra.
In this #regulatoryramblings episode, host Ajay Shamdasani discusses the EU AI Act, the world's first comprehensive AI law, which took effect on August 1, 2024. The guests explore its global impact, particularly on compliance officers, in-house counsel, and businesses both within and beyond the EU.
Michael Charles Borrelli is a Director at AI & Partners, leveraging over a decade of experience in financial services, compliance, and technology. A #topvoice on LinkedIn, he is passionate about responsible AI and serves in various advisory roles, contributing to #AI and #FinTech knowledge and best practices.
Anandaday Misshra is the founder and managing partner of AMLEGALS - A Specialised Law Firm, a multidisciplinary law firm in India. With over 27 years of legal experience, he specializes in arbitration, data protection, taxation, and commercial litigation. Anand also discusses the implications of AI for India's information technology sector, highlighting the challenges and opportunities that AI regulations like the EU AI Act might present for Indian businesses and legal practitioners. Anand has over 33,000 followers on LinkedIn.
The episode also touches on concerns about the EU AI Act's potential extraterritorial reach, similar to the US Foreign Account Tax Compliance Act (FATCA). The conversation concludes with thoughts on whether the US might introduce its own AI #regulations and the broader impact on #India's growing tech industry.
Listen to the #podcast now at: https://lnkd.in/dhyRD64d
Regulatory Ramblings podcast is brought to you by The University of Hong Kong-Reg/Tech Lab (Building Better Financial Systems), HKU-SCF Fintech Academy, Asia Global Institute, and HKU-edX Professional Certificate in Fintech, with support from HKU Law (celebrating 55 years of excellence). The programme is led by Douglas Arner and hosted by Ajay Shamdasani.
