In a speech of 4 June 2019, James Proudman, Executive Director of UK Deposit Takers Supervision at the Bank of England, said that the regulatory reforms of recent years, developed for human problems in workplaces, remain equally relevant to an AI/ML-centric workplace, with firms needing to allocate responsibilities under the Senior Managers Regime.
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What it connects
Managing Machines: the governance of artificial intelligence → articulates → Existing financial rules broadly cover AI