This Week in AI Regulations - April 05, 2026

Welcome to This Week in AI Regulations for April 05, 2026. In the United States, the Food and Drug Administration, or FDA, has transitioned its adverse event data system from the FDA Adverse Event Reporting System, known as FAERS, to the Adverse Event Monitoring System, or AEMS, effective March 11, 2026. This new system incorporates advanced analytics and AI-based tools within a centralized platform that handles adverse event reporting, consumer complaints, regulatory misconduct, and whistleblower submissions. The FDA now requires standardized reporting protocols across all FDA-regulated products and will regularly post quarterly reports on new safety information or potential serious risk signals identified from AEMS data. This transition aims to improve regulatory risk monitoring by enabling more consistent, comprehensive, and timely identification of potential safety signals, thereby supporting better public health protection. Turning to Singapore, the Monetary Authority of Singapore announced revisions to its insurance regulatory framework during a keynote speech by Mr. Marcus Lim, Assistant Managing Director, at the Life Insurance Association Singapore Annual Luncheon on March 30, 2026. The revised Notice 133 on Valuation and Capital Framework took effect on March 31, 2026, introducing refinements such as new capital treatment for infrastructure investments, refined treatment of structured products, and equity counter-cyclical adjustments. Importantly, the Monetary Authority of Singapore is developing AI risk management guidelines and support platforms to address emerging technological challenges in the insurance sector. These updates emphasize fair dealing, customer communication improvements, and ongoing consultations on third-party risk and operational risk management guidelines, aiming to strengthen capital adequacy, risk management, and customer protection. In New York State, United States, Governor Kathy Hochul has previewed draft regulations designed to protect youth from sports wagering and mitigate gambling harms. These regulations require gaming operators and lottery courier services to implement age-assurance controls to prevent underage app downloads and account creation, biometric identification for account establishment and wager placement, and geolocation controls to restrict access from unauthorized jurisdictions. Notably, the draft rules also ban the use of artificial intelligence targeting customers and mandate the appointment of responsible gaming leads with patron intervention triggers. In Switzerland, the Swiss Competition Commission, known as WEKO, continues to monitor AI-related market developments closely. WEKO enforces against anti-competitive behaviors such as algorithmic collusion and abuse of market dominance. Recent modernization of Swiss cartel law includes changes to merger control, opposition procedures, and cartel enforcement provisions. WEKO requires businesses to comply with updated cartel law provisions and remain aware of enforcement actions and sanctions related to AI-driven market conduct. Also in Switzerland, mandatory reporting of cyberattacks targeting critical infrastructure operators has been in effect since April 1, 2025. Reports indicate that cyberattacks have become more targeted and complex, increasingly employing AI and novel tactics such as SMS blasters. Organizations operating critical infrastructure must report cyberattacks within 24 hours and consistently implement security updates, especially for known vulnerabilities. Finally, in China, authorities have issued new guidelines for AI ethics governance. The guideline emphasizes human well-being, fairness, justice, controllability, and trustworthiness in AI development and deployment. It includes detailed review criteria and promotes the development of ethical AI products and services. The guidelines call for supporting technological innovation in AI ethics review and strengthening technical measures to prevent AI-related ethical risks. That wraps up today's regulatory updates. Visit carveragents.ai for more information.