Requirements And Guidelines From Canadian Regulators, Public Bodies And Courts For The Use Of Artificial Intelligence

Organizations are increasingly embedding artificial intelligence (AI) in operations in order to drive efficiency; however, the risks of hallucinated output are being progressively considered by regulators, government bodies, and courts in Canada. In order to protect their integrity and minimize the potential risk in relying on AI, organizations should ensure they are complaint with applicable regulatory guidance as it relate to the use of AI.

This article canvasses three main topics:

1. Canadian Securities Administrators (CSA) requirements for the use of AI systems in capital markets;
2. Trademarks Opposition Board (TMOB) requirements for the use of AI in documents prepared for the purpose of proceedings before the TMOB; and