principles

Today’s Podcast Episode: AI Liability Comes Into Focus: A Conversation with Mark Geistfeld on the ALI’s Civil Liability Principles Project

By Ballard CFS Group on May 21, 2026

Posted in Artificial Intelligence, Podcasts

Artificial intelligence is rapidly transforming consumer financial services and countless other industries. As AI systems become more autonomous, adaptive, and deeply integrated into commercial decision-making, courts, regulators, and industry participants are increasingly confronting a critical question: when AI causes harm, who should be held responsible?

In our latest episode of our award-winning, weekly Consumer Finance Monitor Podcast, our host Alan Kaplinsky (the founder, Chair for 25 years, and now Senior Counsel of our Consumer Financial Services at Ballard Spahr LLP) had the pleasure of speaking with Mark Geistfeld, the Sheila Lubetsky Birnbaum Professor of Civil Litigation at New York University School of Law and the reporter for the American Law Institute’s groundbreaking new project, Principles of the Law, Civil Liability for Artificial Intelligence.… Continue Reading

OCC Requests Feedback on Principles of Climate-Related Financial Risk Management for Large Banks

By Jill K. Dolan on December 20, 2021

Posted in OCC, Regulatory and Enforcement

On December 16, 2021, the Office of the Comptroller of the Currency (“OCC”) released draft principles for climate-related financial risk management for large banks. Feedback must be submitted by February 14, 2022.

The OCC is looking for feedback on all aspects of the draft principles. Noting the emerging risks to banks and the financial system due to impending climate change, the OCC recognized both physical risks and transition risks to banks, particularly large banks (with over $100 billion in total consolidated assets).… Continue Reading