European Union: Closed consultation on use of artificial intelligence in finance
Description
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…
Scope
Policy Area
Design and testing standards
Policy Instrument
Design requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), ML and AI development
Implementation Level
supranational
Government Branch
executive
Government Body
central government