Legal Advisory Report: Use of Artificial Intelligence in United States CFTC-Regulated Markets

by Theresa Joy Lacatan | Dec 9, 2024 | AI News, Blog News

On 5 December 2024, the United States Commodity Futures Trading Commission issued an advisory concerning the use of artificial intelligence in markets under its jurisdiction. The advisory, released by the Divisions of Clearing and Risk, Data, Market Oversight, and...

MAS Publishes Financial Stability Review 2024: Global Risks, Embracing Technological Change, and Strengthening Resilience

by Theresa Joy Lacatan | Dec 3, 2024 | AI News, Blog News

On 27 November 2024, the Monetary Authority of Singapore published the Singapore’s 2024 Financial Stability Review, offering an incisive analysis of the challenges and opportunities in an increasingly uncertain global economic landscape. The document evaluates...

India’s Digital Revolution: Unlocking Growth Potential Through Technology and Innovation

by Theresa Joy Lacatan | Nov 22, 2024 | AI News, Blog News

On 13 November 2024, Michael Debabrata Patra, Deputy Governor of the Reserve Bank of India, delivered an influential inaugural address at the DEPR Conference in Jaipur. His speech, titled “Digital Technology, Productivity, and Economic Growth in India,”...

Australian Court Charges Former CEO of AI Marketing Firm Metigy for Investor Misleading and Position Misuse

by Theresa Joy Lacatan | Nov 13, 2024 | AI News, Blog News

On 8 November 2024, David Fairfull, former Chief Executive Officer of the artificial intelligence marketing company Metigy, appeared before the Downing Centre Local Court in Sydney, Australia, to answer allegations of misleading investors and abusing his position as a...

Singapore FinTech Festival 2024 to Spotlight Artificial Intelligence and Quantum Technology in Financial Innovation

by Theresa Joy Lacatan | Nov 6, 2024 | AI News, Blog News

On 3 November 2024, the Monetary Authority of Singapore (MAS) announced the ninth annual Singapore FinTech Festival (SFF), scheduled to take place from 6 to 8 November 2024. Organised by the Monetary Authority of Singapore in collaboration with the Global Finance...

Gary Gensler, US SEC Chair Discusses AI, Fraud, and Investor Protection in Securities Law

by Theresa Joy Lacatan | Oct 21, 2024 | AI News, Blog News

On 10 October 2024, Gary Gensler, the Chair of the United States Securities and Exchange Commission (US SEC), delivered a statement regarding the risks of fraud and deception in the context of artificial intelligence and its application in finance. His remarks...