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AI Risk & Governance
Reporting on regulatory approaches, ethical considerations, and risk management for AI technologies deployed in financial services and markets.
AI Risk & Governance
Singapore Unveils New Initiatives to Enhance AI Governance, Safety
By Nithya Subramanian | 13/02/2025
Initiatives include establishing technical testing best practices for GenAI applications, collaborating with Japan on LLMs, and enhancing AI safety evaluations.
AI Risk & Governance
OECD Launches Global Reporting Framework for Advanced AI Systems
By Manesh Samtani | 13/02/2025
Amazon, Anthropic, Google, Microsoft, and OpenAI are among those that have pledged to submit reports under the new framework
AI Risk & Governance
UK and US Refuse to Sign AI Declaration at Paris Summit
By Thisanka Siripala | 12/02/2025
The UK said the declaration lacked clarity on global governance and did not sufficiently address national security risks.
Data Privacy
APAC Governments Impose Restrictions on Use of DeepSeek
By Mark Johnston | 10/02/2025
South Korea, India, Australia and Taiwan have imposed restrictions on using DeepSeek on government devices.
AI Risk & Governance
GFIN Report Calls Out Risks to Consumers from AI
By Thisanka Siripala | 10/02/2025
The report says financial consumers could be harmed by black box approaches, data privacy issues, and AI washing.
AI Risk & Governance
EU Commission Releases Guidelines on Prohibited AI Practices
By Thisanka Siripala | 09/02/2025
Eight AI applications will be banned strictly prohibited due to their potential risks to European values and fundamental rights.
AI Risk & Governance
BIS Paper Offers Guidance on AI Governance in Central Banking
By Thisanka Siripala | 06/02/2025
The report recommends that central banks integrate AI oversight into existing risk management frameworks and processes such as the 3LoD model.
Market Data & Technology
JPX to Enhance Access to Financial Market Data
By Thisanka Siripala | 05/02/2025
The JPX Research Institute will integrate its new J-LAKE data platform with Snowflake’s AI data cloud infrastructure.
AI Risk & Governance
First Set of Rules Under the EU AI Act Enter into Force
By Nithya Subramanian | 04/02/2025
The rules cover key definitions, AI literacy requirements, and a limited set of prohibited AI use cases deemed to pose unacceptable risks.
AI Risk & Governance
HKMA Develops AI-Powered Sentiment Tracker for Mainland Property Market
By Manesh Samtani | 03/02/2025
The GenAI-driven sentiment index, which uses Chinese social media data, is able to act as a leading indicator for Mainland property sales
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