As Artificial intelligence (AI) continues to be adopted and used by Australian Financial Services (AFS) licensees broadly, it has become increasingly evident that many licensees’ deployment of AI falls short of their existing...more
On 29 October 2024, the Australian Securities and Investments Commission (ASIC) published REP 798 Beware the gap: Governance arrangements in the face of AI innovation. This report details ASIC's findings from a review of how...more
11/25/2024
/ Artificial Intelligence ,
ASIC ,
Asset Management ,
Australia ,
Compliance ,
Consumer Financial Products ,
Financial Services Industry ,
Innovative Technology ,
Licensees ,
Machine Learning ,
Risk Mitigation
The Law Reform Committee (LRC) of the Singapore Academy of Law (SAL) established a Subcommittee on Robotics and Artificial Intelligence to consider and make recommendations regarding the application of the law to AI systems....more