As a lead researcher for an international ethics committee examining emerging technologies, draft a report investigating the challenges of regulating proprietary algorithms used in critical public services (e.g., justice, credit scoring). Provide a nuanced personal view on whether transparency (open-source code) is a feasible remedy for embedded bias, and propose three ethical dilemmas concerning accountability when algorithmic decisions result in tangible social harm. The report should be titled: The Regulatory Oversight of Algorithmic Bias in Public Services.