Switzerland: FINMA inquiry on AI governance and risk management
Progress
Current status
concluded
18 Dec 2024 concluded
Scope
Implementers
Switzerland
Policy Area
Design and testing standards
Policy Instrument
Testing requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Closed FINMA inquiry on AI governance and risk management
On 18 December 2024, the Swiss Financial Market Supervisory Authority (FINMA) concluded its inquiry with the publication of Supervisory Notice 08/2024, focusing on governance and risk management in the use of artificial intelligence (AI) in the Swis…
SourceEvent type
inquiry
Action type
closure
Government branch
executive
Government body
other regulatory body