On 19 September, the Department for Science, Innovation and Technology (DSIT) announced in a press release that it is to launch a pilot advisory service next year, called the DRCF AI and Digital Hub.
This service will be operated by members of the Digital Regulation Cooperation Forum (DRCF), made up of the Information Commissioner’s Office (ICO), the Office of Communications (Ofcom), the Competition and Markets Authority (CMA) and the Financial Conduct Authority (FCA).
The DRCF AI and Digital Hub will provide businesses with tailored advice and support regarding how to meet requirements across multiple regulatory regimes. The DSIT anticipates that this service will expedite the process of getting new products and innovations to market, in a safe and responsible manner.
As such, the launch of the DRCF AI and Digital Hub will likely be welcome news for businesses across the UK, providing companies and innovators with the tools to navigate a challenging and multi-layered regulatory environment.Continue Reading DRCF to launch AI and Digital Hub regulatory advice pilot in 2024