discriminatory bias should be removed in the collection phase where possible. The way in which AI systems are developed (e.g. algorithms’ programming) may also suffer from unfair bias. This could be [...] impact election results. 2 E.g. automated decision-making by companies could also perpetuate human bias and result in discriminatory outcomes. 3 E.g. mass surveillance enabled by face recognition technologies [...] 28. • Fairness: The costs and benefits of AI should be justly shared, discrimination and unfair bias avoided and effective redress mechanisms against AI-driven decisions made available. • Explicability:
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Eurozone DGS 3.1.1 Eliminating Member State Bias It is often argued that the existing system of national deposit guarantee schemes causes a country bias among the Member States which distorts competition [...] .............................................................. 8 3.1.1 Eliminating Member State Bias ................................................................................................. [...] existing national deposit guarantee schemes have established complex and segre- gated internal risk-management systems. Amongst others, this holds true for cooperative banks, banks with institution guarantee
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overprovision as a result of excessively limiting their possibility to conduct congestion management. Congestion management should be possible for temporary or for exceptional peaks in traffic. ISPs should [...] NetNeutrality 5 Figure 1: Controversial ISP-Behaviour Network Management Open Internet Own Networks • congestion management • blocking/slowing down • "Pay for Priority" for Content and Service [...] necessary only in peak times, while congestion management as cheaper cost avoiding instruments remains unused. (2) For ISPs conducting congestion management, both EP and Council prescribe equal treatment
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paid sufficient attention to indicators of management bias when examining key areas of financial accounting and disclosure which depend critically on management judgement. – http://www.frc.org.uk/press/pub2303 [...] Accounting, Auditing and Information Management Research Centre: The Value of Audit, 1 March 2010. EN 4 EN in the detection of fraud and the responsibility of management), this engenders an expectation [...] delivering sound financial information rests with the management of the audited entities, auditors could play a role by actively challenging management from a user's perspective; it would be critical to
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functioning of the liability regime. This is due i.a. to - biases present in an AI application, which could have larger effects than biases in human decision-making because AI lacks the social control [...] Commission will first hold a dialogue with stakeholders [p. 8]. - “Support” for access to and management of data as well as cloud infrastructure, high-performance and quantum computing because the d
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confidence, transparency, certainty and choice can help to make the right investments. Europe’s asset management industry is generally working well, but more needs to be done to strengthen passporting and cross [...] payments, is at the expense of other financial instruments, in particular equity. Addressing this tax bias would encourage more equity investments and create a stronger equity base in companies. Also, there [...] a new proposal will be prepared in 2016, the Commission will examine ways to address debt-equity bias. 15 3. INVESTING FOR THE LONG TERM, INFRASTRUCTURE AND SUSTAINABLE INVESTMENT Europe
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responsibilities for risk management. • Shareholders – the corporate governance framework is built on the assumption that shareholders engage with companies and hold the management to account for its p [...] propose a 'one size fits all' risk management model for all types of companies. It is, however, crucial that the board ensures a proper oversight of the risk management processes. To be effective and [...] clearly the roles and responsibilities of all parties involved in the risk management process: the board, the executive management and all operational staff working in the risk function. The job descriptions
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requirements ensuring that the data used by the AI application is tested for unin- tended data biases and other factors that may distort the outcomes), • redress mechanisms, and • reporting (e [...] this period, a sound methodology for assessing the impacts of this technology and possible risk management measures were to be identified and developed. The ban on facial recognition systems would apply
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Balanced Approach on Noise Management. (4) Resolution A33/7 of the International Civil Aviation Organisation (ICAO) introduces the concept of a “Balanced Approach” to noise management and establishes a coherent [...] ly requested for central flow management purposes, but need to be specified for the purpose of this Regulation and for performance regulation of air traffic management. Good access to validated modelling [...] EN Article 4 General rules on aircraft noise management 1. Member States shall adopt a Balanced Approach in regard to aircraft noise management. To this end, they shall: (a) assess the noise situation
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function should be to help ensure that the CRA’s officers and management are informed of those issues that the CRA’s officers and management would want to be made aware of when setting the organization’s [...] conduct, and the elements contained in the Code Fundamentals should receive the full support of CRA management and be backed by thorough compliance and enforcement mechanisms. However, the measures set forth [...] issuing a credit rating. 1.8 A CRA should structure its rating teams to promote continuity and avoid bias in the rating process. B. Monitoring and Updating 1.9 A CRA should ensure that adequate personnel
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