Generative AI

Large Language Model or Large Liability Model? What are the risks of ChatGPT in financial services

As firms begin to implement ChatGPT into their business models they must be aware of its limitations. We look at the risks that ChatGPT could pose to financial services.

Generation AI: What are the recordkeeping rules for generative AI platforms?

Generative AI platforms like ChatGPT have presented financial services with tremendous opportunity and tremendous risk – but how are firms beginning to use them within operations, and what are the implications of these practices? Regulators, including FINRA, have weighed in with enforcements and requirements on how to best proceed in navigating the landscape of AI technologies as they become more multifaceted.

How are financial regulators approaching AI integration?

Regulators globally have been implementing a variety of measures to manage the utilization of AI within the financial sector. We take a look at the key approaches so far.

Marketing Compliance – One Rule to Rule Them All

The marketing department may be your least-expected area of compliance risk. The regulators are on to it, and you should be too. We set out five critical questions for confident compliance with new marketing rules.

Is Regulation Keeping Pace with AI Innovation?

The SEC’s recently laid out rule-writing agenda shows they have AI in their sights. But is the speed of technological innovation outpacing regulation?

“Responsible experimentation”: will Boston’s AI blueprint lay foundation for future approach?

The City of Boston has unveiled new guidelines for generative AI, which some are touting as the blueprint for future approaches. We take a look at what the new guidelines mean, and how compliance teams can navigate AI risks safely.

Pressing pause on AI: can regulation keep pace with innovation?

Elon Musk and other technology luminaries have called for a halt to the training of AI while governance systems are “rapidly accelerated”. The UK government has published its principles-based approach.

Generative AI: revolution or risk?

AI innovation continues to grow. We take a look at recent developments and speak to Global Relay’s Chief Data Scientist about the key concerns for compliance and finance.

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