Commission seeks input from industry on the use of artificial intelligence in finance

The Commission has launched a targeted consultation and a workshop series to seek input from stakeholders on the use of artificial intelligence (AI) in finance.

The initiatives cover use cases, benefits, barriers, risks and stakeholder needs.

The consultation and workshops target all financial stakeholders. The input received will enable the Commission to provide guidance to the financial sector for the implementation of the AI Act, the EU’s legal framework for AI, in their specific market areas. Stakeholders are invited to respond to the consultation by 13 September. Views are particularly welcome from companies that already provide or develop AI systems.

Moreover, a series of workshops co-hosted with the European Supervisory Authorities and national supervisors will give stakeholders the opportunity to present projects and exchange about the latest developments. Registration for the workshops, which will take place in autumn, is open until 26 July.

Source: European Commission (Shaping Europe’s digital future) | News & Views (