This month, an interim report on artificial intelligence in the financial sector was published for public comment. The report was written by the Ministries of Justice and Treasury, the Competition Authority, the Securities...more
11/25/2024
/ Artificial Intelligence ,
Cybersecurity ,
Discrimination ,
Financial Institutions ,
Financial Regulatory Agencies ,
Financial Services Industry ,
Fraud ,
Information Reports ,
Insurance Industry ,
Investment Adviser ,
Israel ,
Portfolio Managers ,
Risk Assessment ,
Risk Mitigation ,
Underwriting
On March 13, 2024, the European Parliament approved the AI Act regulating the use of artificial intelligence in the Union. This is groundbreaking legislation and the first of its kind in the world, aimed at creating effective...more
Examining AI tools: Before deciding to purchase and implement AI tools in an organization, one must consider various aspects, including privacy issues, discrimination, copyright protection, and suppliers and contracts. The...more