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EU Regulator: AI Poses Risks to Retail Investment Services

May 30, 2024
Europe’s markets regulator is warning about potential dangers of artificial intelligence (AI) use by investment firms. The European Securities and Markets Authority (ESMA) issued guidance Thursday (May 30) for companies using AI when providing investment services to retail clients. “When using AI, ESMA expects firms to comply with relevant MiFID II requirements, particularly when it […]