by Theresa Joy Lacatan | Jan 9, 2025 | AI News, Blog News
On 5 January 2025, International Mometary Fund (IMF) published a blog titled ‘How Artificial Intelligence Will Affect Asia’s Economies’, discussing the implications of artificial intelligence (AI) on labour markets across the Asia-Pacific region. The blog, based on...
by Theresa Joy Lacatan | Jan 6, 2025 | AI News, Blog News
On 12 December 2024, the Bank for International Settlements (BIS) released a FSI Insights on policy implementation No 63 titled “Regulating AI in the Financial Sector: Recent Developments and Main Challenges.” This information paper, authored by the...
by Theresa Joy Lacatan | Dec 31, 2024 | AI News, Blog News
On 26 December 2024, the Reserve Bank of India (RBI) announced the formation of the Committee for the Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) in the financial sector. This initiative, introduced in the Developmental and...
by Theresa Joy Lacatan | Dec 30, 2024 | AI News, Blog News
On 18 December 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued FINMA Guidance 08/2024 ‘Governance and risk management when using artificial intelligence’ for supervised financial institutions using artificial intelligence (AI). This move...
by Theresa Joy Lacatan | Dec 9, 2024 | AI News, Blog News
On 5 December 2024, the Monetary Authority of Singapore published an information paper outlining good and ethical practices for Artificial Intelligence (AI) and Generative AI model risk management. The paper is based on the findings of thematic review conducted in...
by Theresa Joy Lacatan | Dec 9, 2024 | AI News, Blog News
On 5 December 2024, the United States Commodity Futures Trading Commission issued an advisory concerning the use of artificial intelligence in markets under its jurisdiction. The advisory, released by the Divisions of Clearing and Risk, Data, Market Oversight, and...