{"title":"Financial law in the era of artificial intelligence: key topics and themes","authors":"F. Barrière","doi":"10.1080/17521440.2023.2215480","DOIUrl":null,"url":null,"abstract":"ABSTRACT The digital transformation of financial services is underway. In financial law, AI is already in a prominent position among the newly available tools, and its future uses are even more promising. However, this raises several certain issues, including legal ones. Legal experts, business divisions, data scientists and computer scientists need to anticipate these changes and establish interdepartmental working groups to anticipate the future regulatory challenges posed by AI technologies. The entities involved should anticipate the consequences of future regulations and to some extent are already one step ahead. The assessment of AI technologies must be documented following a risk-based approach.","PeriodicalId":43241,"journal":{"name":"Law and Financial Markets Review","volume":"15 1","pages":"312 - 322"},"PeriodicalIF":0.0000,"publicationDate":"2021-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Law and Financial Markets Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/17521440.2023.2215480","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 0
Abstract
ABSTRACT The digital transformation of financial services is underway. In financial law, AI is already in a prominent position among the newly available tools, and its future uses are even more promising. However, this raises several certain issues, including legal ones. Legal experts, business divisions, data scientists and computer scientists need to anticipate these changes and establish interdepartmental working groups to anticipate the future regulatory challenges posed by AI technologies. The entities involved should anticipate the consequences of future regulations and to some extent are already one step ahead. The assessment of AI technologies must be documented following a risk-based approach.
期刊介绍:
The Law and Financial Markets Review is a new, independent, English language journal devoted to providing high quality information, comment and analysis for lawyers specialising in banking and financial market issues and to others with interests in legal and regulatory developments affecting the financial markets. Published four times a year LFMR contains articles written by leading experts providing a forum for practical guidance on, as well as reflective and topical analysis of, all major jurisdictions, with a particular focus on the interaction between the law and market practice and behaviour.