March 2020

Corporate Governance in AI-Driven Organisations

Singapore’s Personal Data Protection Commission (“PDPC”) released the second edition of its Model AI Governance Framework (“Model Framework”) at the 2020 World Economic Forum Annual Meeting in Davos, Switzerland. The Model Framework has been updated following feedback from organisations that have adopted artificial intelligence (“AI”), as well as feedback from PDPC’s participation in international platforms. The Model Framework is a general ready-to-use tool for organisations deploying AI solutions and is meant to serve as guidance. Adoption of any of the practices in the Model Framework is voluntary. Additionally, the World Economic Forum released an AI Board Toolkit to help organisations better understand the issues surrounding the deployment of AI solutions.

In this article, Heng Jun Meng, Director of ZICO Insights Law LLC discusses corporate governance issues for AI-driven organisations and matters to consider in the deployment of AI.

Subject matters: Data Protection
Jurisdictions: Singapore
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CULTIVATING INNOVATION THROUGH REGULATORY SANDBOXES

Announcement

On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to over 3,750 across 84 jurisdictions. You may read the press release here.

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