Regulatory scrutiny of private capital increases

From allens.com.au: Regulatory bodies are heightening their scrutiny on private capital, including private equity, private credit, infrastructure, and property funds.

This increase in oversight could lead to potential investigations or enforcement actions, emphasizing the importance of compliance with evolving regulatory expectations for risk mitigation.… read more

Can AI errors shape the outcomes of the legal process?

From www.khq.com.au: AI tools have introduced significant challenges in the legal profession, with recent incidents highlighting issues of accountability and trust.

Cases in Australia and abroad show that both solicitors and AI providers face scrutiny for inaccuracies in AI-generated legal documents, raising questions about responsibility and verification processes.… read more