Iosco consults on AI use by AMs, market intermediaries

Europe
On the 06.25.20 at 5:51PM

by

Tuba Raqshan

The International Organisation of Securities Commissions (IOSCO) is consulting on proposed guidance to help regulate and supervise the use of artificial intelligence (AI) and machine learning (ML) by market intermediaries and asset managers.

While the use of artificial intelligence and machine learning can benefit investors and firms by increasing execution speed and reducing the cost of investment services, it could potentially create or amplify risks.

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