This conference examined next steps for emerging technology regulation in the UK.
The discussion focused on what businesses and investors need from regulation to provide the confidence and certainty to launch and invest in innovative technologies in the UK, looking at how the regulatory framework can be developed to enable the rapid and safe introduction of new technologies.
It was an opportunity for businesses, investors and research bodies, including those involved in pharma and life sciences, AI, finance, marketing, advanced manufacturing and green tech, to examine priorities with policymakers.
It took place in the context of the Government’s UK Science and Technology Framework and The UK’s International Technology Strategy, designed to deliver on ambitions to make the UK an internationally recognised science and technology superpower.
There was discussion on the proposals adopted by the Government from Sir Patrick Vallance’s Pro-innovation Regulation reviews of the digital sector and green industries, and the interim report on life sciences, as well as considerations for the new reviews announced in the Spring Budget, looking at creative industries, advanced manufacturing and the regulator growth duty.
Further sessions assessed how the UK can develop the role of industry and other key stakeholders in the regulatory process, following the announcement of funding for an AI sandbox trial in the Government’s AI regulation: a pro-innovation approach White Paper.
We are pleased to have been able to include keynote sessions with Jim Foudy, Deputy Director, Technology and Innovative Regulation Directorate, Department for Science, Innovation & Technology; Nasrine Fielding, Deputy Director, Economic Regulation and International, Better Regulation Executive, Department for Business and Trade; Chris Carr, Director, Brexit Opportunities Unit; and Dr Salil Gunashekar, Deputy Director, RAND Europe.
Overall, areas for discussion included:
- pro-innovation regulation: developing internationally competitive regulatory frameworks in the UK - enabling growth and investment in cutting edge technologies
- safety and security: pairing effective risk management with the rapid introduction of new technologies - building confidence and trust among the public and investors
- delivering public services: facilitating market access in essential services and infrastructure - embedding innovation in public procurement
- international influence: how the UK can further influence the development of rules and norms internationally - priorities for enabling expansion into new markets for UK businesses
The conference was an opportunity for stakeholders to consider the issues alongside key policy officials who attended from the Cabinet Office; CCC; CMA; DAERA, NI; DBT; DECC, ROI; Defra; Department for the Economy, NI; Department of Finance, NI; DESNZ; DfE; DfT; DHSC; DLUHC; DSIT; Dstl; EA; FCA; FCDO; GLD; GO-Science; HMCTS; HMRC; HM Treasury; Home Office; HSE; ICO; IPO; LSB; MCA; MHRA; MOD; MOJ; NAO; NCA; Ofcom; OSR; UKSA; UKSIN; The Scottish Government; and the Welsh Government - as well as parliamentary pass-holders from the House of Lords.