AI’s growth leaves financial regulators struggling to catch up
Reliance on third party tech provider is a matter of concern
Regulators are still at an “early stage” in their efforts to track the risks posed to the financial system by the rapid adoption of artificial intelligence, global financial watchdogs warned on Friday. In a report to the G20, the Financial Stability Board said that while many global authorities had tried to “enhance their AI-related data […]
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