News & Analysis as of

Financial Institutions Transparency Machine Learning

A&O Shearman

BIS Innovation Hub Launches Project Noor to Explain AI Models for Financial Supervision

A&O Shearman on

The BIS Innovation Hub has announced the launch of Project Noor, a collaborative initiative with the Hong Kong Monetary Authority and the UK Financial Conduct Authority aimed at enhancing the transparency and accountability...more

A&O Shearman

UK AI: existing regulators take the lead

A&O Shearman on

As further initiatives come in to play and legislation is on the horizon, existing regulators (such as the ICO, CMA, Ofcom and FCA) continue to press on with their approach to AI regulation, including through the Digital...more

A&O Shearman

Zooming In on AI - #6: AI under financial regulations in the U.S., EU and U.K.

A&O Shearman on

Many governments are grappling with the question of how to regulate artificial intelligence to ensure it is adopted safely and used responsibly without hampering innovation. Governments have generally indicated similar...more

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