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FSB report highlights need to minimise AI risk to financial stability
What are the implications of AI adoption in the financial sector? We take a look at the key findings from FSB’s latest report.
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XLOD London 2024: Evaluating the transformative role of AI in surveillance programs
Experts from Morgan Stanley, Société Géneralé and BNY discussed the challenges posed by AI.
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BharatGen: What do we know about India’s latest AI initiative?
The Indian government has launched an initiative to incorporate AI into the lives of citizens and equip government agencies with the technology. We examine the ambitious project.
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Safety vs innovation? Unpicking the EU’s approach to AI regulation
Is the EU losing the AI race by spending more time and resources on regulating the technology than developing it? We assess the block’s approach.
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Newsom vetoes historic California AI safety bill
The bill would have codified a host of restrictive AI standards. But did it miss the point?
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Compliance & Conversation: Why is the spotlight on surveillance?
Two leading practitioners shared their thoughts on the role and function of surveillance in changing times.
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FINRA: AI and LLMs not exempt from securities laws and regs
In Regulatory Notice 24-09, FINRA points out that its rules are intended to be technology neutral and that firms must remain compliant when leveraging new technologies.
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BIS says financial services are most exposed to benefits of AI – but also to risks
BIS says strong supervisory scrutiny and implementation of reforms needed to enhance system resilience.