AI, Technology & Data

AI Risk & Governance

SEBI to Start Using GenAI to Assess IPO Applications – Report

By Editors | 22/01/2024

SEBI chairperson Madhabi Puri Buch reportedly set up a task force and asked every department head to explore GenAI use cases.

AI Risk & Governance

Singapore Releases Draft Governance Framework on GenAI

By Editors | 22/01/2024

IMDA and the AI Verify Foundation are seeking feedback on a draft Model AI Governance Framework for Generative AI until 15 March.

Structural Regulation

BNP Paribas Fined in Taiwan for Violating Insurance Regulations

By Editors | 22/01/2024

The FSC said BNP failed to fully separate its business units and outsourced information operations to the cloud without prior regulatory approval.

Cybersecurity

Quantum Security Risks Loom for Financial Sector: WEF Report

By Mark Johnston | 19/01/2024

The WEF has released a report on the implications of quantum computing for the financial sector, highlighting the need for global collaboration and regulation.

Cryptocurrency

US IRS Clarifies Crypto Tax Reporting Rules

By Mark Johnston | 19/01/2024

The IRS and Treasury clarify that crypto tax reporting rules will require issuing regulations before it goes into effect, which could take years.

AI Risk & Governance

WEF Summit: AIGA Calls for Inclusive Access to AI

By Ranamita Chakraborty | 19/01/2024

At the World Economic Forum 2024 summit, AI Governance Alliance urges action on governance gaps for an inclusive future.

AI Risk & Governance

Australia to Establish Risk-based Guardrails for AI Development

By Editors | 18/01/2024

The government will establish mandatory guardrails to promote the safe design, development and deployment of AI systems.

Cloud & Infrastructure

Taiwan Advances to Third Phase of Open Banking

By Editors | 18/01/2024

The third phase of open banking covers transactions involving deposits, credit cards, loans, payments and mobile phones.

AI Risk & Governance

Financial Sector Urged to Develop AI Governance Frameworks

By Ranamita Chakraborty | 17/01/2024

Industry experts are calling upon the financial sector to proactively prepare for GenAI regulation, considering technological advancements and ethical considerations.