In a landmark address marking the bicentenary of the Supreme Court of NSW, Chief Justice Andrew Bell highlighted generative AI as a pivotal challenge facing the justice system. Speaking to an assembly of senior judges from Australia, New Zealand, and Singapore, Bell emphasised the evolving complexities that AI introduces to the work of the courts….
The role of legal professionals in the European and international legal and regulatory framework against money laundering
Valvi, E. A. (2023). The role of legal professionals in the European and international legal and regulatory framework against money laundering. Journal of Money Laundering Control, 26(7), 28-52. Abstract Purpose – The aim of the present study is to shed light on the role of legal practitioners, namely, lawyers and notaries, in the fight against money laundering:…
New legal tools required to mitigate the risk posed by AI
Jason Matheny, who served as President and CEO of RAND Corporation, asserted that the swift progression of artificial intelligence (AI) hastened global existential risks. During a keynote address at the 33rd Annual Review of the Field of National Security Law conference, Matheny underscored the democratization of perilous capabilities, citing the potential for a single individual…
Legal Tech and EU Consumer Law
Abstract Legal Tech (LT) products and services automate certain tasks that lawyers usually perform. The use of these tools in business-to-consumer (B2C) markets create many opportunities for consumers and the justice system in general, but also raises concerns in terms of access to justice, choice and information, quality, fairness, redress and representation. This paper deals with…
A Legal Framework for Robo-Advisors
The aim of this paper is to offer a broad framework to allow a better understanding of the current legal situation of Robo-Advisory. The disruption of robo-advisors as new market players in the financial sector are bringing new challenges that the regulators must face in the short term. For this reason, at this time, it…