“I Did Not Know” Is Not a Defence: Why ASIC Has Already Put AI Inside Directors’ Duties

By Joel Leslie

Corporate Governance, AI Governance & Directors Duties, AI governance, directors' duties, Corporations Act 2001 (Cth), ASIC v RI Advice, section 180, section 912A, stepping-stones liability, board oversight, technology risk, AI risk management, foreseeable risk, NIST AI RMF, ISO/IEC 42001, APRA CPS 230, Australian corporate governance

ASIC has twice told directors that AI sits inside their existing duties under the Corporations...

ASIC has twice told directors that AI sits inside their existing duties under the Corporations...