Remove Legislation Remove Operations Remove Supervision
article thumbnail

European Union’s new AI law: What programmers need to know

Open Access Government - Technology News

Transparency and documentation: Maintaining detailed records of system operations and functionality akin to flight data recorders, enabling traceability and oversight. Human oversight: Facilitating mechanisms for human supervision to detect and rectify errors during AI deployment.

Laws 111
article thumbnail

The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

It was established by Congress in 1932 and today consists of 11 regional FHLBanks that operate as one system, cross-guaranteeing each other’s debts. Additionally, other recommendations were made to update aspects of how the FHLBanks operate to reflect the current environment rather than what existed many decades ago.

article thumbnail

How to Evaluate the Likelihood of GSE Reform in the Next Presidential Administration: Six Questions to Ask

The Stoop (NYU Furman Center)

I have also written on the inherent design flaw in F&F and the other GSEs embedded in their congressional legislation: see [link] and [link]. ]] For many years, this was considered the responsibility of Congress, which had established the GSEs by legislation – but Congress has never come close to agreeing on what changes would be needed.