Financial Stability Oversight Council

Treasury Secretary Janet Yellen to Detail Risks Associated With AI

Treasury Secretary Janet Yellen to Detail Risks Associated With AI
Treasury Secretary Janet Yellen to Detail Risks Associated With AI
June 05, 2024  |  Artificial Intelligence

Treasury Secretary Janet Yellen will caution financial institutions on Thursday (June 6) about risks associated with the use of artificial intelligence (AI). Get the Full...

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House GOP Targets Shadow Bank Regulations
House GOP Targets Shadow Bank Regulations
April 18, 2024  |  Legal & Regulation

A top House Republican wants to overturn a recent federal regulation governing non-bank financial companies. Get the Full Story Complete the form to unlock this article...

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BoE Official Calls For Closer Look at Non-Bank Lenders
BoE Official Calls For Closer Look at Non-Bank Lenders
February 26, 2024  |  Loans

A Bank of England official is calling for more research into non-bank lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Congressional Working Group to Study AI’s Impact on Financial Services 
Congressional Working Group to Study AI’s Impact on Financial Services 
January 11, 2024  |  Artificial Intelligence

A bipartisan congressional working group will explore the impact of artificial intelligence (AI) on the financial services and housing industries.  Get the Full Story Complete...

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Congressional Hearing Probes If FinTechs and Crypto Should Be Regulated
Congressional Hearing Probes If FinTechs and Crypto Should Be Regulated
January 10, 2024  |  Legal & Regulation

Frameworks come, frameworks go — and frameworks are fluid. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
December 18, 2023  |  Legal & Regulation

Regulators must use their legal authorities to guard against risks posed by the growing role of large technology firms in the financial system, Rohit Chopra, director...

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FSOC Identifies Use of AI as Vulnerability in Financial System 
FSOC Identifies Use of AI as Vulnerability in Financial System 
December 15, 2023  |  Artificial Intelligence

The Financial Stability Oversight Council (FSOC) has, for the first time, identified the use of artificial intelligence (AI) in financial services as a vulnerability in the financial...

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Treasury OKs New Rules for Monitoring Non-Bank Financial Risk
Treasury OKs New Rules for Monitoring Non-Bank Financial Risk
November 05, 2023  |  Legal & Regulation

American regulators approved new guidelines for monitoring financial risk following this year’s banking crisis. Get the Full Story Complete the form to unlock this article...

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