Central banks in the Asia-Pacific (APAC) countries are taking steps to develop artificial intelligence governance frameworks for financial institutions, as regulators are seeking to balance innovation with emerging risks and safeguard financial stability.
APAC
Posted inBest Practices
AI, Data, and the Compliance Mandate: Lessons from APAC
AI governance is no longer a future-state exercise. It is a current control environment issue.
Posted inBest Practices
AI, finance and the new compliance mandate in APAC
A new report tells a story that compliance professionals should read carefully. While the report focuses on finance leaders across Asia Pacific, the real lesson for compliance is much broader: artificial intelligence is no longer a future-state technology discussion. It is now an operating model, risk management, governance, and controls issue. For CCOs, that means AI must move from the innovation agenda to the compliance agenda.
