UK pitches for looser framework than EU on AI regs
By Victor SmartFebruary 29, 2024
The UK has instructed its financial supervisors to take a looser regulatory approach to artificial intelligence than the EU, which is placing an outright ban on AI tools it deems high-risk.
Both the Bank of England and the Financial Conduct Authority have been given until the end of ...
Already a subscriber? Log In
Read Next:
September 27, 2023
AI is fab, but compliance teams still need a rules-based approach
Artificial intelligence has become the go-to solution for pretty much every industry sector – but here comes an unpopular opinion: it may not always be the right option in areas...
Read more