New York City's Local Law 144 mandates the use of independent impartial bias audits for automated employment decision tools (AEDTs) used for employment or promotions. The enforcement date has been pushed back to 2023 due to concerns about who qualifies as an independent auditor and the suitability of the impact ratio metrics. The updated rules clarify that bias audits must be conducted by a third party and include metrics for calculated impact ratios based on selection rate or average score. The audit can be based on test data when historical data is not available. Additionally, employers must provide AEDT data retention policies, making them available on their website. Holistic AI offers auditing services for businesses seeking compliance.

The enforcement date of the NYC Bias Audit law, which requires companies to have their automated hiring and promotion tools audited for bias, has been postponed twice. The final enforcement date is now 5 July 2023. Holistic AI is an AI risk management company that offers bias audit services to help companies comply with the law. This article is for informational purposes only and does not provide legal advice.