OCC Issues Supervisory Framework for Banks' Use of “Super Intelligence”: A Risk -Based ...
Banks should therefore consider whether their existing vendor- management procedures and contractual arrangements adequately address changes in AI ...
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Treasury issues request for information on use of AI in financial services
Consumer Finance Monitor Riskspresented by AI include vulnerabilities arising “from the complexity and opacity of AI models; inadequateriskmanagement frameworks to …
Senate group's 'roadmap' is call to action on AI innovation | Consumer Finance Monitor
The wide-ranging Roadmap is a call to action to Congress, federal agencies, and the private sector to foster advancements in, and addressrisksposed …
Regulation & PolicyBanking & FinanceGovernment & Public Sector
Colorado passes AI regulation - Consumer Finance Monitor
...risksof algorithmic discrimination. The bill requires the development of several compliance mechanisms if an entity uses high-risk AI systems …
JAMS issues rules governing disputes involvingartificial intelligencesystems
Consumer Finance Monitor TheArtificial Intelligence Team at Ballard Spahr monitors developments in AI and is advising clients on required disclosures,riskmitigation, the …
DOJ launches whistleblower pilot program and cracks down onartificial intelligencemisuse
Consumer Finance Monitor Combatting the Riskof AI. In addition to the whistleblower program, Monaco also announced that the DOJ is committed to combating therisksposed by …
FTC warns “quietly changing” privacy policies may be an unfair or deceptive practice
Consumer Finance MonitorCPPA publishes new draft regulations addressing AI,riskassessments, cyber audits. September 7, 2023. Search… Search. Regulatory & Enforcement …
Privacy & SurveillanceRegulation & PolicyCybersecurityGovernance & Risk Management
OCCriskperspective report focuses on third-party relationships with fintechs
Consumer Finance Monitor...risksby continuing to evaluate their BSA/AMLrisksand corresponding controls. ... Finally, the OCC identifiedartificial intelligence(“AI”) as a …