United States of America: U.S. inquiry into use of AI and ML by financial institutions
Progress
Current status
processing consultation
02 Jun 2021 processing consultation
31 Mar 2021 in consultation
Scope
Implementers
United States of America
Policy Area
Consumer protection
Policy Instrument
User/subject right
Regulated Economic Activity
ML and AI development
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Closure of inquiry into use of AI and ML by financial institutions
The federal agencies close a request for information on financial institutions` use of artificial intelligence (AI), including machine learning (ML). The goal is to understand respondents` views on the use of AI, including governance, risk managemen…
SourceEvent type
inquiry
Action type
consultation closed
Government branch
executive
Government body
central government
Launch of inquiry into use of AI and ML by financial institutions
The federal agencies launch a request for information on financial institutions` use of artificial intelligence (AI), including machine learning (ML). The goal is to understand respondents` views on the use of AI, including governance, risk manageme…
SourceEvent type
inquiry
Action type
consultation opened
Government branch
executive
Government body
central government