Artificial intelligence in financial market: outcomes of Bank of Russia report discussion
22 May 2024
News
The market participants supported the Bank of Russia’s assessment of the possible application of the artificial intelligence in the financial market and the principles of regulating this technology.
In general, the Bank of Russia will promote the development of the artificial intelligence and take a risk-based approach when using it.
Banks, insurers, associations of market participants, universities, infrastructures and the leading technology developers provided their opinions on the report.