Global Regulators Warn of AI Risks and Monitoring Gaps in Finance
TL;DR Summary
A global watchdog has issued a warning about the increasing dominance of Big Tech companies and the high reliance on AI in finance, raising concerns over market control and regulatory challenges.
- Global Watchdog Resounds Alarm on Big Tech’s Dominance as AI in Finance ‘Remains High’ TipRanks
- AI’s Growth Leaves Financial Regulators Struggling to Catch Up Bloomberg.com
- FSB and BIS Warn Financial Authorities About Potential Risks of AI PYMNTS.com
- Financial authorities’ AI monitoring still at an early stage, FSB tells G-20 MLex
- Standards Setter FSB Issues Warning On AI Monitoring Gaps Law360
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