Global Regulators Expand AI Oversight Amid Media, Finance Challenges

The global media landscape is undergoing significant transformation due to the rise of artificial intelligence, which is reshaping content creation and consumption, challenging traditional regulatory frameworks designed for broadcast and early digital media. Regulators worldwide, including those in the UK, EU, US, and Germany, are adapting by expanding oversight to digital harms, platform accountability, and algorithmic transparency, though some countries like Pakistan face greater challenges due to outdated regulatory structures. In the insurance sector, regulators from over 200 jurisdictions highlight geoeconomic fragmentation, private credit investments, and AI adoption as key supervisory priorities, emphasizing the need for enhanced risk management and governance frameworks to address emerging vulnerabilities and systemic risks. Meanwhile, ongoing regulatory scrutiny in the banking sector focuses on issues such as unfair sales practices at major banks like Wells Fargo, potential violations of administrative law in Federal Reserve stress testing, and cybersecurity mandates, reflecting broader efforts to improve accountability and stability in financial institutions. These developments collectively underscore the increasing complexity regulators face in overseeing rapidly evolving digital, financial, and insurance markets amid technological innovation and geopolitical challenges.