AI Law - International Review of Artificial Intelligence Law
G. Giappichelli Editore

29/06/2024 - Regulatory Consultation on AI in Financial Services (Netherlands)

argument: Normativa/Regulations - Financial Law

Based on an article from Eversheds Sutherland, the Netherlands is conducting a consultation on the use of AI within financial services to develop a regulatory framework that ensures the safe and ethical deployment of AI technologies. The consultation seeks input from industry stakeholders on various aspects, including risk management, data privacy, and the potential for AI to improve financial services. The goal is to create guidelines that balance innovation with consumer protection and market integrity. This initiative reflects the growing recognition of AI's transformative potential in financial services and the need for regulations that address the unique challenges posed by AI.