IMF warns of AI adoption resulting in tiered supervision
Advanced economies more likely to use suptech, while EMEs may not be able to afford it
As artificial intelligence transforms markets by making them both more efficient and more volatile, researchers at the International Monetary Fund have warned of tiered supervision across advanced and emerging market economies (EMEs) because of uneven rates of suptech adoption.
Parma Bains and colleagues published their handbook AI projects in financial supervisory authorities on October 3 to aid the adoption of advanced supervisory technologies. Their aim is to counter “concerns of a tiering of
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