European Union: European Commission guidance on use of artificial intelligence in finance
Progress
Current status
in consultation
13 Sep 2024 processing consultation
18 Jun 2024 in consultation
Scope
Implementers
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
Policy Area
Design and testing standards
Policy Instrument
Design requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
ML and AI development
Government Branch
executive
Government Body
central government
Implementation Level
supranational
Timeline of events
Closed consultation on use of artificial intelligence in finance
On 13 September 2024, the European Commission closes the public consultation on the application of artificial intelligence (AI) in the financial sector. The initiative aims to collect information on use cases, benefits, barriers, risks, and stakehol…
SourceEvent type
outline
Action type
consultation closed
Government branch
executive
Government body
central government
Opened consultation on use of artificial intelligence in finance
On 18 June 2024, the European Commission launched a targeted consultation and a series of workshops to gather input from stakeholders on the application of artificial intelligence (AI) in the financial sector. The consultation remains open until 13 …
SourceEvent type
outline
Action type
consultation opened
Government branch
executive
Government body
central government