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Global AI Regulations Roundup: Top Stories of February 2024

By Anas Baig | Reviewed By Omer Imran Malik
Published February 19, 2024 / Updated May 2, 2024

Securiti has initiated an AI Regulation Digest, providing a comprehensive overview of the most recent significant global developments, announcements, and changes in the field of AI regulation. This information will be regularly updated on our website, presenting a monthly roundup of key activities. Each regulatory update will include links to related resources at the bottom for your reference.

1. Tentative Summary of AI Issues

Country: Japan
Date: 19 January
Summary: A report titled Tentative Summary of AI Issues was compiled (May 2023; AI Strategy Council) to address recent rapid changes in technology, including the dissemination of generative AI. In light of this, the Ministry of Economy, Trade and Industry (METI) and the Ministry of Internal Affairs and Communications (MIC) integrated and updated the existing related guidelines and compiled Draft AI Guidelines for Business. In response, METI and MIC will open a call for public comments on this draft from January 20 (Sat.) to February 19 (Mon.), 2024. Read more.

2. ASEAN Guide on AI Governance and Ethics

Country: Association of Southeast Asian Nations
Date: 5 February
Summary: The two-day 4th ASEAN Digital Ministers Meeting in Singapore concluded on Friday and unveiled the ASEAN Guide on AI Governance and Ethics, saying it will serve as a "practical and implementable tool" to support the deployment of AI solutions in the region. Read more.

3. Economic Advisory Council to the Prime Minister of India (EAC-PM) Released a Framework

Country: India
Date: 8 February
Summary: On January 30, 2024, the Economic Advisory Council to the Prime Minister of India (EAC-PM) released a framework titled 'A Complex Adaptive System Framework to Regulate Artificial Intelligence,' proposing five principles for effectively regulating AI:

  • Establishing Guardrails and Partitions
  • Mandating Manual Overrides and Authorization Chokepoints
  • Ensuring Transparency and Explainability
  • Defining Clear Lines of AI Accountability
  • Creating a Specialist Regulator

These principles aim to provide a comprehensive and adaptive framework for regulating AI, ensuring responsible development and deployment while fostering innovation and accountability in the field. Read more.

Conclusion

Securiti's AI Regulation round serves as an invaluable resource for staying ahead of the latest global developments in the AI industry. Our commitment to providing timely updates ensures that you have access to crucial information and a better understanding of the evolving regulatory landscape in the field of AI.

The team has also created a dedicated page showcasing 'An Overview of Emerging Global AI Regulations’ around the world. Click here to delve deeper and learn more about the evolving landscape of global AI regulations.

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