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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
Citi to Provide GenAI Tools to 40,000 Coders Across the Bank
By Editors | 31/10/2023
Citi used generative AI to analyse 1,089 pages of new capital rules proposed by US regulators in July. Over 350 other use cases have been proposed.

ESG Data
Integration of AI, Fintech, ESG Gets Underway
By Jill Wong | 31/10/2023
The financial industry is accelerating its interest around three main themes – fintech, ESG and AI.

AI Risk & Governance
White House Issues Executive Order to Regulate AI
By Sanday Chongo Kabange | 31/10/2023
The executive order sets out new standards for AI safety and requirements for developers and users of AI systems.

AI Risk & Governance
G7 Nations Agree on Code of Conduct for AI Systems
By Editors | 31/10/2023
The code of conduct for AI developers seeks to promote the development of “secure and trustworthy” AI systems internationally.

AI Risk & Governance
Bank of England and FCA Consider Avoiding Regulatory Definition for AI
By Editors | 31/10/2023
Following industry feedback on the role of AI in finance, UK regulators to address wide ranging concerns including data regulation.

Cloud & Infrastructure
Hong Kong FSTB Launches GBA Fintech Internship Scheme
By Editors | 31/10/2023
The scheme aims to nurture fintech talent by allowing post-secondary students to gain practical experience at fintech firms across the Greater Bay Area.

Cybersecurity
MAS Unveils Proposals to Tackle Mobile Malware and AI Threats
By Editors | 31/10/2023
As financial institutions increasingly turn to GenAI to refine their operations, the CSAP underscored the urgency of strengthening cyber defences.

AI Risk & Governance
AI-based SupTech Can Improve Market Integrity: Study
By Manesh Samtani | 25/10/2023
The study highlights the benefits of using AI-based SupTech to improve market integrity, detect misconduct and forecast crises.

AI Risk & Governance
Asia Braces for Wave of AI Regulations
By Blake Evans-Pritchard | 25/10/2023
The EU AI Act is likely to have far-reaching consequences for Asia, data experts tell Regulation Asia.

Cybersecurity
Europol Explores How Quantum Computing Will Impact Law Enforcement
By Mark Johnston | 24/10/2023
Europol report says law enforcement agencies need to build up their knowledge and transition to post-quantum cryptography.
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