The guide highlights the need for banks to establish proper data and AI governance frameworks, and maintain continuous control over AI-based solutions post-implementation.
May 2, 2022Common themes on AI governance create scope for the development of international guidance or standards, says a new paper from the Financial Stability Institute.
August 4, 2021Singapore and Australia have committed to allowing financial institutions to choose where their data is stored and prohibiting data localisation, among a raft of other agreements.
March 23, 2020