New York's Landmark AI Bias Law Prompts Uncertainty

But the requirement has posed some compliance challenges. Unlike familiar financial audits, refined over decades of accounting experience, the AI audit process is new and without clearly established guidelines. Our Morning Risk Report features insights and news on governance, risk and compliance. "There is a major concern, which is it's not clear exactly what constitutes an AI audit," said Andrew Burt, managing partner at AI-focused law firm BNH. "If you are an organization that's using some type of these tools…it can be pretty confusing."