The U.S. Treasury Division is in search of info on the makes use of, alternatives, and dangers of continued synthetic intelligence (AI) growth within the monetary providers sector. Using AI in monetary providers is rapidly evolving. This text gives a abstract of Treasury’s info request to know how companies are utilizing AI in offering services or products, danger administration, capital markets, inside operations, customer support, regulatory compliance, and advertising.
Associated Content material
- Generative Artificial Intelligence (AI) Resource Kit
Evaluation legal guidelines associated to AI on the federal, state, and municipal ranges. This useful resource package gives a wealth of sources for practitioners in AI-impacted areas together with client privateness, client safety, legal, authorities, labor and employment, insurance coverage and healthcare.
- Alternative Data in Lending Checklist
Entry this guidelines for steering on the usage of various information in reference to monetary services together with key necessities for these partnering with fintech corporations who use “various information” sources, reminiscent of AI, machine studying, computer-assisted underwriting, and “huge information” to research metrics associated to debtors’ creditworthiness.
Sensible Steerage Updates
That includes the newest updates out of your Practical Guidance account.
- Trends & Insights gives the newest in information articles and perception paperwork on trending areas for monetary service organizations together with Comment: US Federal Trade Commission warns AI abuses will be regulatory focus.
- Financial Services Regulation Trackers present updated info on quite a lot of subjects, reminiscent of fair lending laws and key administrative proceedings from federal, state, and native banking authorities.
- Doc alerts assist you to keep present on authorized developments that have an effect on your observe. Find out how to set up your document alerts.
- Discover the Chevron Reversal Impact Resource Kit for evaluation associated to the Supreme Courtroom’s resolution to overturn 4 a long time of deference to federal company interpretations of ambiguous statutes.
- State Law Comparison Tool—Financial Institution Regulation Topic gives federal/state-specific steering and the power to match state legal guidelines for banking and non-banking monetary establishments within the areas of licensing, capital necessities, AML/CFT tips, recordkeeping, supervision, and enforcement authority.
- For Sensible Steerage content material on essential latest developments, overview these easy-to-use Useful resource Kits on quite a lot of subjects:
- Discover The Summer time 2024 PG Journal: Evaluation this steering, AI and Authorized Ethics: What Attorneys Must Know, within the Summer Edition of the Practical Guidance Journal. Discover insights from a choose into the usage of GenAI in civil litigation, together with discovery points, use circumstances, and key takeaways. Additionally advance your profession with skilled and enterprise growth steering.
- Be taught concerning the 2000+ main legal professional authors contributing to our 26 observe areas within the Practical Guidance Author Center. Excited by turning into a Sensible Steerage writer? Click here for details. Sensible Steerage is dedicated to amplifying numerous voices of attorneys throughout gender and race.
- Legal Developments present the newest updates and analyses of rising subjects impacting your observe space. Go to the Legal Developments web page to see the newest subjects, which additionally embody breaking authorized information and associated Sensible Steerage content material.
- Hear Up! The Practical Guidance and Law360 Podcasts Resource Kit options interviews with industry-leading attorneys on leading edge points within the legislation: Generative AI, NFTs, Hashish, and extra.
PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB
Expertise outcomes at this time with sensible steering, authorized analysis, and data-driven insights—multi functional place.
Experience Lexis+
