There was also strong support for ensuring these systems are explainable and, especially important for the accounting community, auditable. "An AI regulation that emphasizes transparency in the ...
Meanwhile, existing regulations that don’t explicitly mention AI already apply – and are being ... The act comes into force gradually over the next few years, with some provisions not in ...
But AI outcomes are probabilistic in ... Yanappa noted that self-regulation often prioritizes public image management over fostering genuine ethical commitments. An attendee concluded that when ...
The integration of AI in financial services has evolved significantly over the past few decades ... However, the lack of standardised regulations in the US poses both opportunities and challenges ...
Japan hoped to get the G-7 "to agree on agile or flexible governance, rather than preemptive, catch-all regulation" over AI technology, industry minister Yasutoshi Nishimura said on Friday ahead ...