News

Finance Watch: Financial sector needs liability rules for AI

Share
Copied!

Published: March 4th, 2025,
Last updated: March 15th, 2025

Computerchip mit Europa-Fahne und Aufschrift KI, Fotomontage.
If artificial intelligence is increasingly being used in the financial sector, new liability rules are needed, Finance Watch demands.

Finance Watch is calling for new rules for artificial intelligence in the financial sector. The non-governmental organization suggests that the regulatory framework must be reassessed, the AI Act expanded and a clear liability system created. After all, if AI makes harmful decisions in an uncontrolled manner, this puts consumers and the stability of the financial system at risk.

Sign up now and continue reading immediately

No credit card details required. No automatic renewal.

Share
Copied!
Artificial intelligence Digitization Artificial Intelligence Regulation Financial market