On March 3, 2021, Anna Gressel and Avi Gesser from our Data Strategy and Security Group had a very interesting conversation on AI regulation with Kaitlin Asrow, Fintech Policy Advisor for the Federal Reserve Bank of San Francisco.

During the webcast, we discussed the FRB’s recent report, “The Role of Individuals in the Data Ecosystem,” as well as:

  • How consumer data is leveraged in AI to inform decision-making, automate activities, and develop financial products and services;
  • Current regulatory and enforcement priorities around AI and consumer privacy, and potential developments in 2021;
  • The implications of privacy enhancing technologies for data aggregation and AI development; and
  • How companies can mitigate risk through improved data and AI governance programs, risk assessments, and vendor management.

To listen to an on-demand recording, please click here.

To subscribe to the Data Blog, please click here.

To see our previous AI-related webcasts, click here.

Author

Anna R. Gressel is an associate and a member of the firm’s Data Strategy & Security Group and its FinTech and Technology practices. Her practice focuses on representing clients in regulatory investigations, supervisory examinations, and civil litigation related to artificial intelligence and other emerging technologies. Ms. Gressel has a deep knowledge of regulations, supervisory expectations, and industry best practices with respect to AI governance and compliance. She regularly advises boards and senior legal executives on governance, risk, and liability issues relating to AI, privacy, and data governance. She can be reached at argressel@debevoise.com.

Author

Avi Gesser is Co-Chair of the Debevoise Data Strategy & Security Group. His practice focuses on advising major companies on a wide range of cybersecurity, privacy and artificial intelligence matters. He can be reached at agesser@debevoise.com.