Despite their different approaches, the Japanese and European frameworks converge: Both promote international cooperation and foster transparency.
GRIP Magazine Special Issue AI
But regulators may also need to find middle ground between AI performance and explainability in order to make continuing innovation and adoption by financial institutions possible.
The first of Shoosmiths' AI Insights series, breaking down all you need to know about AI compliance.
How companies operationalize AI and explain their AI narrative could be the key in gaining buy-in from employees, and investor confidence.
The North Carolina insurer admitted to misusing proprietary software and an AI platform to enroll seniors without consent.
With a unique blend of experience in law, compliance, and technology, Matt Galvin is a renowned expert in the field of compliance and risk management. He shares his insights with GRIP.
The legislation seeks to create “a safe space for experimentation with artificial intelligence in the financial services industry."
The report focuses on risk posed by general-purpose AI, and ways to mitigate those risks.