All posts tagged "AI"
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1.5KAML / KYCNew FATF President Presents Objectives For Two-Year Term
FATF President Marcus Pleyer will prioritise work on digital transformation, racially motivated terrorism, migrant smuggling, environmental crime, and illicit arms trafficking.
July 2, 2020 -
3.8KFeatureIOSCO Drafts Guidance on Supervising AI/ML in Financial Markets
IOSCO proposes six measures to assist members in creating appropriate regulatory frameworks to supervise market intermediaries and asset managers that use AI and ML.
June 26, 2020 -
1.3KAML / KYCHKMA Spotlights RegTech Use to Implement AML/CFT Measures
The HKMA outlines four regtech use cases that support the effective implementation of AML/CFT measures at Hong Kong banks.
June 16, 2020 -
1.2KFeatureSingapore to Develop Metrics to Assess Fairness of AI-driven Decisions
UOB and Element AI will develop fairness metrics for credit risk scoring; HSBC, IAG Firemark Labs and Gradient Institute will develop fairness metrics for customer marketing.
May 28, 2020 -
1.8KBig PictureBanking Regulation, Innovation Responsible for Shadow Bank Growth
Regulatory burden on banks and technological improvements are likely the two most important factors behind shadow bank growth, a new paper says.
April 30, 2020 -
1.8KAustralia & NZSingapore, Australia Agree to Promote Data Connectivity, Digital Economy
Singapore 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 -
2.1KAsia-PacificWolters Kluwer, PwC Complete PoC Using AI in Regulatory Reporting
After minutes of training, algorithms were able to use 250,000 records of previously unseen raw data to predict regulatory reporting output with degrees of accuracy exceeding 99%.
March 16, 2020 -
1.6KBig PictureAI’s ‘Black Box’ Issues Can Be Addressed Through Regulation
A new paper develops a regulatory roadmap for addressing the increasing role of AI in finance, focusing on human involvement to deal with ‘black box’ issues.
March 12, 2020 -
1.8KEnforcementSGX RegCo Enhances Market Surveillance with Artificial Intelligence
The introduction of AI will help isolate unusual activity by learning from historical trading patterns and filtering out noise.
February 13, 2020 -
2.9KBig PictureAI Expected to Become Key Business Driver in Two Years – Survey
The Cambridge Centre for Alternative Finance and World Economic Forum, with support from EY and Invesco, shed light on the evolving landscape of AI-enabled financial services.
February 11, 2020
