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Singapore contributes to the development of accessible AI testing and accountability methodology with the launch of the AI Verify Foundation and AI Verify Testing Tool

June 22, 2023

On 7 June 2023, at the ATxAISummit, Singapore launched the AI Verify Foundation, which aims to “harness the collective power and contributions of the global open source community” in order to develop the AI Verify testing tool for the responsible use of AI.

FCA publishes speech on innovation, AI and the future of financial regulation

April 18, 2023

On 17 April 2023, the FCA published a speech by Jessica Rusu, FCA Chief Data, Information and Intelligence Officer, at the Innovate Finance Global Summit. The speech focused on innovation, artificial intelligence (AI) and the future of financial regulation.

UK AI White Paper

April 05, 2023

At last, UK Government publishes its White Paper on AI – “A pro-innovation approach to AI regulation” – an opportune start, but as expected, a framework with detail to follow…

The Wolfsberg Group publishes Principles for Using Artificial Intelligence and Machine Learning in Financial Crime Compliance

January 12, 2023

On 1 December 2022, the Wolfsberg Group published Principles for Using Artificial Intelligence and Machine Learning (AI/ML) in Financial Crime Compliance.