Data Privacy & Security Data Privacy & Security

EU banks, insurers will get dedicated guidance on future AI rules, official says

By Jack Schickler
  • 01 Dec 2020 09:10
  • 01 Dec 2020 09:10
EU banks and insurers will be handed extra guidance on using artificial intelligence, but large tech companies won’t face bank-like requirements to share data as part of EU digital plans, a European Commission financial-services official has said. 

Jan Ceyssens denied today that this approach means financial institutions are being treated as high risk

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