The UK Financial Conduct Authority (FCA) has published its findings on an extensive review into the factors which determine failure or success when implementing technology change in the financial services sector.

Morgan Lewis partners Mike Pierides and Andrew J. Gray IV and associate Oliver Bell recently presented a webinar, Bias Issues and AI, as part of the Artificial Intelligence Boot Camp series.

As part of its five-year, £1.9 billion ($2.65 million) national cybersecurity strategy, the UK government on February 9 announced the launch of the UK Cyber Security Council (Council), a new independent body to support career opportunities and set professional standards for the UK’s cybersecurity sector. The Council will be formally launched on March 31, 2021.

The European Commission adopted a roadmap for the European Union's digital economy until 2030 on February 10, 2021.

Please join us on March 2 for a webinar discussing key privacy and data security considerations in the context of M&A transactions. You may also be interested in our recent Spotlight with Ezra Church, highlighting the impact of the California Consumer Privacy Act.

In a March 2020 LawFlash, we highlighted that restrictions on service delivery locations and remote work could become key issues during the pandemic. Remote work was one of our five key issues in outsourcing and managed services in a follow-up article in June 2020. Our experience has since proven both articles to be correct. This Contract Corner will review the specific provisions that need to be reviewed based on continued remote work arrangements.

Welcome to the second post in our Spotlight series, where we talk with a leader in a particular field or emerging area of interest to technology and sourcing lawyers and professionals.

The US Department of Justice (DOJ) announced on January 13 that it had completed its review of a proposed joint patent licensing pool known as the University Technology Licensing Program (UTLP) of 15 participating universities. The DOJ concluded that the UTLP was unlikely to harm competition and would benefit licensees and the public to the extent that the UTLP would make it easier to commercialize inventions that may be currently unlicensed or underutilized.

Cybersecurity has earned its place at the top of organizations’ risk concerns during the COVID-19 pandemic. Remote working, an array of communication solutions and hardware being used by organizations, and the accelerated leveraging of cloud-based outsourcing solutions have increased the chain of potential vulnerabilities to cyberattacks.

Please join us on February 16 for a webinar discussing how bias issues in artificial intelligence (AI) decisionmaking have become increasingly problematic. This webinar will consider why this is happening, how the issue is manifesting itself and the challenges it is creating, and actions that can be taken to minimize bias in AI.