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AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm

Centraleyes

The financial industry is experiencing a gold rush of sorts with the integration of Artificial Intelligence (AI) technologies. The AI revolution in finance presents numerous opportunities and, simultaneously, the potential for many risks , specifically regarding consumer protection. and investor doubts.

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Stretching the boundaries through artificial intelligence: the European proposal for a dedicated regulation. The protection of personal data.

Privacy and Cybersecurity Law

Artificial intelligence feeds on data: both personal and non-personal. It is no coincidence, therefore, that the European Commission’s “ Proposal for a Regulation laying down harmonized rules on Artificial Intelligence ”, published on April 21, 2021 (the Proposal), has several points of contact with the GDPR.

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Survey Says…Cybersecurity Remains A Critical Challenge For Business

Privacy and Cybersecurity Law

23% of respondents say they do not currently have a CISO or security leader.