News: Regulation
December 20, 2023 / Artificial Intelligence, Regulation
AWS: ISO 42001: A new foundational global standard to advance responsible AI
The first of what I suspect will be many standards for AI - but how effective will they be?
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December 20, 2023 / Digital, Regulation
Finextra: Elon Musk’s X granted payment processing license in 13 US states – and counting
Elon Musk's dream of creating what he originally wanted to do with PayPal continues.
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Finextra: What the EU’s new crypto asset regulation means and how it will transform 2024
This is overall a good thing to help overcome some people's reluctance to trade crypto due to a lot of bad news about it.
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December 12, 2023 / Regulation
Retail Banker International: Bank of England, FCA and PRA team up to increase resilience of financial services
Operational Resilience is a key target areas for the regulators currently.
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December 11, 2023 / Regulation
The Banker: Managing reputation risk: a cautionary tale
Reputational Risk is key and this is an example of how easily it can happen.
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December 8, 2023 / ESG, Regulation
ESG Today: FCA Releases Anti-Greenwashing and Sustainable Investment Product RulesESG Today:
This was to be expected and will give investors more confidence.
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Interesting Engineering: US regulator compels Aramco to divest Altman-backed AI chip startup
US is cracking down on foreign investment in AI technology.
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December 6, 2023 / Digital, Regulation
CoinDesk: Central Banks Aren’t Sufficiently Ready for CBDC Risks: BIS Report
There is a lot of nervousness and uncertainty about CBDC's.
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November 30, 2023 / Artificial Intelligence, Regulation
ITPro: European AI startups risk being “regulated out of existence” under EU AI act
Over regulation is always a danger.
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November 27, 2023 / Regulation
Best Execution: DORA will drive ‘significant change’ in sell-side third party risk management, survey finds
DORA set to have a big impact in the Operational Resilience area.
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