AI Risk & Governance

AI Risk & Governance

AI Tightrope: Striking the Balance Between Rapid Deployment and Safety

By Ranamita Chakraborty | 16/01/2024

Experts weigh in on safety considerations for AI deployment amid a lack of specific regulation, especially for the financial sector.

Anti-Money Laundering

BIS to Study Financial Crime Detection in Retail Payments

By Editors | 15/01/2024

Project Hertha will map financial crime typologies in real-time payment systems, and build a synthetic dataset to test identification of the typologies.

AI Risk & Governance

Lion Global Investors Unveils Singapore’s First Actively Managed ETF

By Nithya Subramanian | 15/01/2024

The active ETF, launched in collaboration with Nomura Asset Management, employs AI models for dynamic portfolio management.

AI Risk & Governance

AI Use and Climate Change Pose Biggest Risks: WEF Report

By Ranamita Chakraborty | 11/01/2024

The report’s findings come as global leaders are due to meet next week in Davos, Switzerland for WEF’s annual summit.

AI Risk & Governance

Large Language Models Can’t Yet be Used for ‘Highstakes’ Analysis: BIS

By Manesh Samtani | 06/01/2024

Current large language models like GPT-4 do not yet have the “rigorous reasoning abilities necessary for some core analytical activities”.

AI Risk & Governance

Korea to Launch AI-based Advertising Surveillance System

By Manesh Samtani | 05/01/2024

The new system will use an AI to automatically identify illegal financial advertisements and automate requests to block them.

AI Risk & Governance

RBI Offers 10-Point Checklist for AI Deployment in Banking

By Ajoy K Das | 04/01/2024

M Rajeshwar Rao said the banking sector needs to address concerns over the fairness, transparency and governance or AI models.

Payments & Settlements

Regulation Asia: Top 10 Contributed Articles for 2023

By Editors | 02/01/2024

This list presents the most-read contributed articles published by Regulation Asia in 2023, based on aggregated user traffic.

AI Risk & Governance

Taiwan: FSC Drafts Guidelines for FIs on the Use of AI

By Editors | 01/01/2024

The guidelines are based on the six core principles released in October to promote responsible AI innovation in the financial industry.