AI Legislation

March 20th 2024

What Does the EU Artificial Intelligence (AI) Act Mean for Financial Services?

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Vera Romano | Blog - 4 min.
The European Parliament last week approved the world’s first binding law to regulate the use of artificial intelligence (AI), in a move with wide implications for the financial services industry. AI technologies are powering a fast-expanding range of financial market functions, spanning everything from anti-money laundering and cybersecurity activities to customer interactions, tailoring wealth and […]