Regulatory approaches to Artificial Intelligence in finance

Oecd

No 24, OECD Artificial Intelligence Papers from OECD Publishing

Abstract: The use of Artificial Intelligence (AI) in finance has increased rapidly in recent years, with the potential to deliver important benefits to market participants and to improve customer welfare. At the same time, AI in finance could also amplify existing risks in financial markets and create new ones. This report analyses different regulatory approaches to the use of AI in finance in 49 OECD and non-OECD jurisdictions based on the Survey on Regulatory Approaches to AI in Finance.

Date: 2024-09-05
New Economics Papers: this item is included in nep-ain, nep-pay and nep-reg
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