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Reporting on regulatory approaches, ethical considerations, and risk management for AI technologies deployed in financial services and markets.

AI Risk & Governance
Navigating Hong Kong PCPD’s Model AI Framework
By Albert Yuen | 09/07/2024
Albert Yuen and Jasmine Yung at Linklaters discuss the Model AI Framework and its implications for the financial services sector.

Credit Risk
Korea Implements Measures to Boost Financing for Tech Firms
By Manesh Samtani | 08/07/2024
Banks will offer preferential financing based on technology assessments rather than focusing on traditional collateral-based lending.

Cloud & Infrastructure
HKMA, IA Launch Open API Framework Linkage
By Sanday Chongo Kabange | 08/07/2024
The new linkage seeks to enhance the mutual adoption of APIs for use cases across the banking and insurance sectors.

Cloud & Infrastructure
GLEIF Forms New Advisory Board to Promote vLEI Adoption
By Editors | 05/07/2024
The vLEI Technical Advisory Board will provide technical, governance, and developmental support to the vLEI stakeholder ecosystem as it grows.

AI Risk & Governance
Korea to Provide Policy Finance Support for AI Development
By Editors | 04/07/2024
Korea Development Bank will provide KRW 3 trillion in low-interest rate loans to AI-related sectors and create a new “AI Korea Fund” worth KRW 500 billion.

Market Abuse
ASIC Explores AI for Insider Trading Surveillance
By Sanday Chongo Kabange | 04/07/2024
The Australian regulator is exploring AI and machine learning for potential insider trading surveillance and detection.

AI Risk & Governance
RBI Working to Improve Data and AI Capabilities
By Ajoy K Das | 29/06/2024
A current focus for the RBI is on enhancing capacity in AI and machine learning techniques and analysing unstructured textual data.

AI Risk & Governance
BIS Urges Central Banks to Keep Pace with AI
By Nithya Subramanian | 27/06/2024
In the financial sector, AI can improve efficiencies and lower costs for payments, lending, insurance and asset management, the BIS said.

Structural Regulation
US Teasury Proposes Rules to Curb Investment in Chinese Tech
By Editors | 25/06/2024
The proposed rules prohibit US investment in certain technologies and products, and require notification for certain other transactions.

AI Risk & Governance
Taiwan Finalises Guidelines on Use of AI in Financial Industry
By Manesh Samtani | 25/06/2024
The guidelines are not legally binding, but are intended to provide direction and best practices for financial institutions.
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