Here are ten top takeaways from Governance 2024 – and the UK general election

This guide is The Chartered Governance Institute UK & Ireland’s attempt to provide some clarity to the world of ESG, regardless of in which type of organisation or sector the reader works.

In this article Maria Brookes discusses the applications, concerns and opportunities that surround AI and big data.

On 21 May 2024, the Department of Enterprise, Trade and Employment launched a consultation on the domestic implementation of the EU Artificial Intelligence Act (the “AI Act”). The consultation is intended to inform Ireland’s approach to implementing the AI Act, particularly in relation to the configuration of national competent authorities required for implementation.

The AI summit taking place in Bletchley Park will tackle questions on how to mitigate the risks posed by AI development and the balance needed to encourage innovation while regulating to avoid potential harms.

‘What lies ahead for the future company secretary?’

As boards face faster change and sharper scrutiny, the Institute will champion the value of Chartered status, modernise the International Qualifying Programme and expand practical support on AI, data governance and cybersecurity.

UK corporate boards must act swiftly to equip themselves for the challenges that lie ahead. Effective governance for AI is paramount. The main goal should be to foster AI adoption characterized by consistency, transparency, accountability, and openness.

74% of governance professionals are concerned about the accuracy of AI-generated content in corporate reporting, according to new research from The Chartered Governance Institute UK & Ireland (CGIUKI).