The Coming Regulation of Artificial Intelligence? EU Publishes AI Guidelines

What Happened? In a little-noticed, but important development, on April 8, 2026, Fannie Mae issued a governance framework for Fannie Mae Seller/Servicers’ use of artificial intelligence (AI) and/or machine learning (ML) in their origination and/or servicing practices. The requirements that Fannie Mae sets forth in this directive are considerable and apply to all approved single-family […]

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On January 17, 2024, the New York State Department of Financial Services (“NYDFS”) issued a proposed circular letter for comment regarding the “Use of Artificial Intelligence Systems and External Consumer Data and Information Sources in Insurance Underwriting and Pricing” (the “Circular Letter”). The Circular Letter details NYDFS’ expectations and guidelines for the use of artificial […]

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The EU recently took the first step toward potential direct regulation of artificial intelligence. Although not legally binding, the guidelines are important because they represent the first significant government-initiated effort to influence the use of AI systems.