Legal Governance of Artificial Intelligence Strategies for Compliance under Emerging U.S. and European Regulation
…. Compliance management through AI-focused policies and procedures: supply chain management. The New York State Department of Financial Services reminds us to include compliance requirements in all subcontracts with third party service providers. One of the most important requirements for combatting AI-related risks is to maintain TPSP (third-party service providers) policies and procedures that include guidelines for conducting due diligence befo…