The pilot comprises the launch of an AI and Digital Hub, run by the Digital Regulation Cooperation Forum (DRCF), which will give organisations access to tailored, joined-up advice to help them navigate through relevant regulatory requirements as smoothly as possible. The government says this will enable them to focus better on their digital technology projects so that their innovations ‘reach the market quickly, safely and responsibly’ and benefit the UK economy earlier.
The DRCF is made up of the Competition and Markets Authority, the Information Commissioner’s Office, Ofcom and the Financial Conduct Authority – regulators involved in the oversight of innovative digital and AI developments.
The pilot will run for 12 months from the first half of 2024.
Organisations will be invited to apply for advice in due course. The government envisages the DRCF will hold a competition allowing innovators to set out where they need support from regulators. The winners will have to meet criteria established by the government and the regulators.
The pilot has been announced against the background of the House of Commons Science, Innovation and Technology Committee interim report published on 31 August 2023, based on input from its earlier inquiry into the governance of AI. The government is expected to respond to this by publishing a further report.
Operative date
- Early 2024
Recommendation
- Organisations can learn more about the new advisory service on the GOV.UK website.
This article from Atom Content Marketing is for general guidance only, for businesses in the United Kingdom governed by the laws of England. Atom Content Marketing, expert contributors and ICAEW (as distributor) disclaim all liability for any errors or omissions.
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