Recent advancements in generative AI have brought conversations about AI governance to the forefront. Although many enterprises already created a framework for the use and deployment of AI and machine ...
The Bangko Sentral ng Pilipinas is urging banks and nonbanks to craft their artificial intelligence governance frameworks to ...
In January 2019, Japanese Prime Minister Shinzo Abe called for the upcoming G20 summit in Osaka to “be the summit that [starts] world-wide data governance.” The rise of the data economy has driven ...
Principles-based AI governance establishes core ethical principles rather than specific rules, providing a flexible framework for responsible AI development and use. It focuses on high-level ...
AI is accelerating how business leaders process information to make informed decisions and add top- and bottom-line value to their organizations. In the 2025 McKinsey Global Survey on AI, 78% of ...
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BSP sets AI governance framework for banks
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has released voluntary governance principles for the use of artificial intelligence (AI) in financial services, laying out its expectations ...
THE Bangko Sentral ng Pilipinas (BSP) has called on all supervised financial institutions to craft their own internal Artificial Intelligence (AI) Governance Frameworks, building on the governance ...
AI has advantages for humankind, while also bringing with it safety and security challenges. The Position Paper of the People ...
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