Digital technologies and data – including Artificial Intelligence (AI) – hold the potential to automate and thus improve the efficiency and effectiveness of regulatory, supervisory and enforcement activities, which have become increasingly complex in recent years. Looking at the most common uses of supervisory technology (SupTech) by competition authorities, securities regulators and anti-corruption agencies to date, the OECD’s Emeline Denis identifies associated benefits, risks and challenges, and outlines considerations for devising adequate SupTech strategies across policy areas
The rapidly increasing use of Artificial Intelligence (AI) is accompanied by a number of potential risks related to human rights. Focusing on relevant areas such as the right to privacy, non-discrimination, fair trials and freedom of expression, the OECD’s Rashad Abelson looks at how OECD guidance can be applied to AI systems throughout their lifecycle and provide a framework for considering these issues holistically.
The deployment of Artificial Intelligence (AI) in the financial sector is bringing both benefits and new or amplified risks. While supporting AI-driven innovation in finance, the OECD’s Iota Nassr looks at some of these risks and the different tools policy makers can use to address them.