Project Logos is a BIS Innovation Hub initiative that aims to enable central banks to observe and analyse the behaviour of large language model (LLM)-based agents acting as portfolio managers within…
Chapter 3 of IMF's October 2024 Global Financial Stability Report. Generative AI is rapidly transforming capital markets by automating processes and analyzing complex data, with evidence of…
The adoption of AI in insurance offers benefits like cost reduction and better risk management, but also poses risks such as bias and accountability challenges. To address these concerns and maintain…
In this 2022 newsletter, the Basel Committee on Banking Supervision (BCBS) provides an overview of its internal discussions regarding the rapid adoption of Artificial Intelligence (AI) and Machine…