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Private Wealth by Greenwoods is for those who care deeply about protecting not just their financial wellbeing, but the people and values they cherish most. We bring clarity to complexity, ensuring every decision supports the life you lead and the legacy you leave.
Our mission is to demystify wealth, to educate with empathy, and to support families through life’s key moments, from building a legacy to preserving it for generations to come.
Home // Insights & Events // Ten key proposals: first steps towards AI regulation for employers?
Employers are well aware of the speed at which AI is developing and the potential impact that it will have on their organisations. The UK AI market is predicted to grow to over $1 trillion (USD) by 2035. Many employers are questioning how they can use AI effectively and safely but so far there have been no laws set in the UK to address or govern these concerns.
Different jurisdictions across the world are now starting to draft the laws that will govern their use of AI. In March 2024, the EU adopted its Artificial Intelligence Act, which will regulate the use of AI in the EU. The UK government chose to take a more flexible approach, publishing the response to its “pro-innovation approach to AI regulation” in February 2024, which, rather than legislating, set out cross-sector principles for the UK’s existing regulators to interpret and apply.
However, on 18 April 2024, the Trades Union Congress (“TUC”) called for specific legislation in this area by publishing the Artificial Intelligence (Regulation and Employment Rights) Bill (the “Bill”). The Bill aims to regulate the use of AI systems by employers in relation to workers, employees and job seekers to protect their rights and interests in the workplace, with the various rights and obligations to be enforceable in the Employment Tribunal. We have set out the Bill’s ten key proposals below.
Proposed rights & obligations
What next?
The Bill is merely a proposal for new law in this area. Given that the TUC aren’t best of friends with the current Government, it is likely that the Bill won’t be progressed through Parliament before the upcoming General Election. The situation may well change if Labour gain power by the end of the year.
However, these issues are not going to go away in any event, and a prudent employer might want to think ahead as to how it would want to deal with some of the issues raised and keep up to date with sector-specific developments.
In the meantime, contact a member of our Employment team if you need any assistance with AI regulation in the workplace.
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This update is for general purposes and guidance only and does not constitute legal or professional advice. You should seek legal advice before relying on its content. Greenwoods Legal Services Limited is a Limited company, registered in England, registered number 16115882. Our registered office is Queens House, 55-56 Lincoln’s Inn Fields, London, WC2A 3LJ. Authorised and regulated by the Solicitors Regulation Authority, SRA number 8011813. Details of the Solicitors’ Codes of Conduct can be found at www.sra.org.uk. All instructions accepted by Greenwoods Legal Services Limited are subject to our current Terms of Business. VAT Reg No: 502 6933 06
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