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Regulation
Finextra: JPMorgan uses ChatGPT to analyse Fed speeches – Bloomberg.
ChatGPT use cases start to appear in banks.
Finextra: Generative AI governance targeted in proposed EU rules
Generative AI now included – no surprises there!
Bloomberg UK: San Francisco Fed’s Role in SVB Collapse Draws US House Investigation
I am looking forward to seeing the results of this!
Finextra: Financial watchdog puts banks on alert over money laundering via the Post Office
I think money laundering happens a lot over this channel.
ESG Today: G7 Ministers Urge Implementation of Mandatory Climate Disclosure
More regulation on the way.
Financial Express: The use of artificial intelligence in combatting financial crimes
A good analysis of the advantages and challenges of using AI in this area.
Finextra: UK regulators deliver roadmap for future of open banking
Good to see progress in this area.
Inc: Entrepreneurs Learned Vital Lessons From SVB’s Collapse. The Latest Scourge: Multiple Banks
Showing the effect before and after on SVB’s clients.