Hansal International are having a fantastic 2nd quarter.
More Board level mentoring, more business transformation, more policy work and we continue to help companies to implement an AI strategy that ensures regulatory compliance and delves into the best new AI tools available for different industries.
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Hansal’s 2024 accounts are in and we have more than doubled our 2023 turnover with a 216% increase.
The Hansal Way, expansion into Australia, GDPR, IR35, Training, Executive Coaching, Mentoring and the renewing of existing client contracts have all contributed to a fantastic year and the first quarter of 2025 success has continued this great momentum.
AI implementation and regulation is our additional focus for the rest of the year along with trips to America, Europe and India to help bring in further new business.
Thanks so much to all our valued clients, colleagues and friends around the world for your continued support!
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Risk Directors take note - as we continue to help our clients navigate and implement effective European Artificial Intelligence Regulation, the UK Government’s AI action plan launched on 13th January 2025 has built in guiding principles from the 2023 white paper which have prioritised a flexible framework with sector specific laws instead of the comprehensive EU AI Act.
It’s guiding principles are based on ensuring that companies who now use AI technology are ensuring there are no risks to human rights, safety, fairness, privacy, societal well being or security.
This means that UK companies should be implementing their own AI company policies and audits on that basis, otherwise they may fall foul of the following regulators - The ICO, OFCOM, the FCA and the CMA. Failure to do so may incur any applicable penalties and fines that come with breaking any individual laws that these regulators have jurisdiction over.
Plus of course, if operating or partnering with AI companies in Europe then the full force of the EU AI Act will apply.
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