Financial Stability Institute occasional papers: managing explanations – how regulators can address AI explainability
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Artificial Intelligence (AI) models are increasingly being used across all business activities of financialinstitutions, from internal operations to customer-facing applications. A key regulatory/supervisory concern is the explainability of AI models, especially for critical business activities. The increasing adoption of artificial intelligence (AI) by financial institutions is transforming their operations, risk management and customer interactions. Nevertheless, […]
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