The draft law will define "high-risk AI", business operator responsibilities, the composition of AI committees, and ethical principles.
The BOJ also abolished its yield curve control policy, which it has used since 2016 to cap the yields of 10-year JGBs.
Bursa Malaysia has become the first exchange outside of China licensed to incorporate Dalian Commodity Exchange’s commodity futures settlement prices.
Besides allowing the investor lawsuit to proceed against Didi, the US court also refused to dismiss claims against banks that helped the company go public.
US prosecutors have proposed a sentence of 40 to 50 years for FTX founder, Sam Bankman-Fried, and a USD 11 billion fine and forfeiture.
A supplementary note was added to address today's dependencies on third-party providers for critical shared services, and the digitalisation of such services.
"Investment advisers should not mislead the public by saying they are using an AI model when they are not," said the SEC's Gary Gensler.
The updated guidelines will apply in a "risk proportionate manner" and ensure that customers are treated fairly, said Ho Hern Shin.
The RBI is scrutinising mortgage top-up loans, algorithm based credit models, and co-lending arrangements.
The supervision work plan includes measures to support regulatory compliance by VASPs ahead of the Virtual Asset Users Protection Act coming into force on 19 July 2024.
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