All posts tagged "fairness"
-
291Big PictureOECD Calls on Financial Sector to Bolster Trust in AI
A new OECD report identifies four determinants of trustworthy AI in the financial sector - transparency, fairness, data governance and accountability.
September 29, 2021 -
274Big PictureNew BIS Paper Calls for Concrete Guidance on AI
Common 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, 2021 -
264FeatureMAS Launches ‘Veritas Challenge’ to Strengthen Trust in AI
MAS invites fintechs, solution providers and FIs to submit innovative solutions to help validate the fairness of AI solutions for selected banking use cases.
July 13, 2021 -
261Asia-PacificASIFMA Calls for Harmonised Approach to Regulating AI
Regulators should leverage existing frameworks that largely already address and mitigate the key risks associated with the increased use of AI.
June 25, 2021 -
288InternationalCFA Institute Launches Working Group to Examine SPACs
The working group will publish a report in early 2022 and present its findings and policy recommendations, to US and global regulators.
May 12, 2021 -
531Fintech / RegtechFSC Korea to Create Policy on Use of AI in Financial Services
The policy seeks to improve fairness and transparency, and protect consumers from newly emerging financial crimes.
April 15, 2021 -
688Fintech / RegtechMAS Announces Completion of Phase One of Veritas Initiative
The first phase of Veritas resulted in the development of a fairness assessment methodology based on the FEAT principles for two use cases.
January 7, 2021 -
284Korea
Korea to Standardise ‘Tech Financing’ Credit Models in 2021
A new guideline being introduced will improve the accountability of 'tech credit' evaluating institutions and require them to use standard evaluation models.
December 24, 2020 -
348Asia-PacificBOT Enhances Fair Service Rules for Banks, Asset Managers
Besides banks and their subsidiaries, the rules have been extended to cover also asset managers and nanofinance operators.
September 17, 2020 -
869Big PictureFMSB Offers Guidance on LIBOR Transition Conduct Risks
Uncertainties associated with the transition may make it harder for firms to identify how to treat their customers fairly, and to demonstrate that they have done so, the FMSB says.
June 12, 2020
