AI Use by Financial Institutions: Québec’s AMF Publishes Draft Guidelines | Stikeman Elliott LLP...

TL;DR


Summary:
- This article discusses the use of artificial intelligence (AI) by financial institutions in the province of Quebec, Canada.
- It explains that the Quebec government has introduced new regulations to govern the use of AI by banks and other financial companies in the province.
- The regulations aim to ensure that AI systems used by financial institutions are transparent, accountable, and respect the privacy of customers.

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