Republic of Korea: Adopted FSC Guideline on the Use of Artificial Intelligence in Financial Services
Description
Adopted FSC Guideline on the Use of Artificial Intelligence in Financial Services
On 8 July 2021, the Financial Services Commission (FSC) announced a guideline on the use of artificial intelligence (AI) in financial services to enhance public trust in AI-based financial offerings and foster innovation in the financial industry. T…
Scope
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
ML and AI development
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body