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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
China Unveils Global AI Governance Initiative at Belt and Road Forum
By Editors | 20/10/2023
The initiative emphasises equal rights for all countries and regions in the development and governance of AI technologies.
Cloud & Infrastructure
MAS to Cooperate with Saudi Central Bank on Fintech
By Editors | 19/10/2023
MAS and SAMA will enable cooperation between their innovation departments and share information regarding fintech.
AI Risk & Governance
Taiwan FSC Issues Core Principles and Policies on the Use of AI
By Manesh Samtani | 18/10/2023
The FSC has also started developing regulatory guidelines on the use of AI in the financial industry, which will be completed by year-end.
Cryptocurrency
US SEC Publishes 2024 Examination Priorities Report
By Editors | 17/10/2023
Focus areas will include crypto-related securities, automated investment tools, artificial intelligence, trading algorithms, and investment adviser conduct.
AI Risk & Governance
US, Singapore to Deepen Collaboration on Responsible AI Innovation
By Editors | 17/10/2023
The US and Singapore completed a joint mapping exercise to make their AI governance frameworks interoperable.
Data Privacy
Bhutan Launches Blockchain-based Digital Identity System
By Editors | 16/10/2023
Bhutan has become the first sovereign state to implement a comprehensive decentralised digital identity framework.
AI Risk & Governance
SIFMA Urges SEC Not to Adopt Proposed Rules for Predictive Data Analytics
By Mark Johnston | 11/10/2023
SIFMA said the proposed rules would impose unreasonable and unworkable requirements on brokers and advisors and limit their ability to use technology.
AI Risk & Governance
MAS Sheds Light on Use of AI in Supervisory Activities
By Sanday Chongo Kabange | 04/10/2023
MAS is using AI tools to identify market collusion, manipulation, mis-selling by financial advisers, and networks of suspicious activity in Singapore’s financial system.
AI Risk & Governance
Generative AI’s Growing Impact on Capital Markets
By Ranamita Chakraborty | 04/10/2023
Panellists at the ASIFMA Tech & Ops Conference discussed the key applications of generative AI in capital markets and strategies for addressing risks.
AI Risk & Governance
Singapore’s AI-Adoption Rate Highest Globally – FIS report
By Jill Wong | 04/10/2023
The FIS survey of over 2,000 business leaders worldwide found 92% of firms expect to adopt AI in the next 12 months.
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