AI & Finance News ・ ⚖️ Financial Regulation / Supervision

FSB puts boards on the hook for AI risk in finance

FinTech Global · 10/16 10:47 UTC

The Financial Stability Board has released the final version of its guidance on responsible AI adoption. The guidance sets out 12 sound practices that place board-level accountability and lifecycle risk controls at the centre of how financial institutions deploy AI.

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