International

LG AI Research Ethical Priorities and IEEE SA Partnership

LG AI Research has published its 2025 Ethical Priorities, detailing efforts to identify and mitigate AI risks, including a partnership with IEEE SA for AI system certification. The report highlights the identification of 219 potential AI risks and the expansion of their AI risk taxonomy.

ISDA Responds to Bank of England on Derivatives Clearing Exemption

ISDA has submitted a response to the Bank of England's consultation regarding an exemption for post-trade risk reduction (PTRR) transactions from the derivatives clearing obligation under EMIR. ISDA supports the proposed principles-based approach and suggests immediate availability of the exemption upon finalization.

David Bailey discusses Basel 3.1 framework and regulatory consistency

The Bank of England's Prudential Regulation Authority has finalized its Basel 3.1 framework, set for implementation at the start of 2027. An interview with David Bailey discusses the framework's implications, emphasizing global consistency and balancing regulation in evolving markets.

AI Standards, Regulations, and Enforcement Efforts Discussed

Global jurisdictions are discussing policies for responsible AI development and use, but the pace of AI innovation is outpacing regulation. Stakeholders at the AI Standards Hub Global Summit 2026 highlighted the importance of technical standards and assurance systems in guiding compliance amidst evolving regulatory frameworks like the EU AI Act and a patchwork of US state laws.

GDPR Article 25: Data Protection by Design and Default Factors

This analysis discusses the implementation of GDPR Article 25, focusing on data protection by design and by default. It highlights the importance of continuously assessing state of the art, cost of implementation, processing context, and risks to individuals, especially with the rise of AI.

WTO Market Access Committee Improves Recording of Trade Concern Resolutions

The WTO's Committee on Market Access has adopted a decision to improve the recording of how trade concerns are resolved. This change introduces a new agenda item for reporting resolved trade concerns and a database to track their status. The Committee also communicated with the World Customs Organization regarding tariff classification for menstrual products.

Canada Safeguard Investigation on Certain Vegetable Goods

Canada has initiated a safeguard investigation into imports of certain vegetable goods. Interested parties, including importers and exporters, have deadlines in April 2026 to participate and submit information, with a hearing scheduled for June 2026.

WHO Report: Child Mortality Slows, 4.9 Million Die Before Five

A new UN report indicates that while child deaths have fallen globally since 2000, the pace of reduction has slowed significantly since 2015. In 2024, 4.9 million children died before their fifth birthday, with preventable causes like malnutrition and infectious diseases being major factors. The report highlights disparities in healthcare access, particularly in sub-Saharan Africa and conflict-affected regions.

EU Officials Discuss Digital Rulebook Simplification and Regulatory Interplay

EU officials discussed ongoing efforts to simplify the bloc's digital rulebook and the critical role of regulatory interplay. The European Data Protection Board workshop highlighted how regulations like the GDPR, DMA, and DSA must work together seamlessly for consistent enforcement and clarity.

ISDA Digital Regulatory Reporting Solution Integrated into LSEG TradeAgent

ISDA announced that LSEG has integrated ISDA's Digital Regulatory Reporting (DRR) solution into its TradeAgent platform. This integration aims to provide a unified, machine-readable interpretation of global derivatives reporting rules, enhancing accuracy and automation.