25 questions to get you started in planning interview questions involving officials from entities like the SEC, OCC, FDIC, CFPB, BIS, FCA, ESMA, and MAS:
AI in Finance
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How are financial regulators approaching the oversight of AI and machine learning in financial services?
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Do you believe current regulatory frameworks are sufficient to manage the risks posed by generative AI?
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How do you ensure algorithmic decision-making does not result in discriminatory or biased financial outcomes?
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Are you developing any AI-specific guidance or sandbox environments for financial institutions?
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What role should regulators play in setting standards for explainability and transparency in AI models?
Cybersecurity Regulation
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How are financial regulators coordinating on cybersecurity threats across jurisdictions and sectors?
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Do you support mandatory breach disclosures for financial institutions using third-party cloud services?
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What are the biggest cyber risks you see facing the financial system today?
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How is the regulatory perimeter evolving to address cybersecurity risks in fintech and DeFi platforms?
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Are regulators adequately resourced to oversee cyber and tech resilience in the private sector?
Third-Party and Operational Risk
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What new rules are being considered to address operational risks from third-party vendors, especially cloud providers and AI vendors?
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How do regulators assess systemic risk introduced by concentration in cloud service providers?
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Are you considering frameworks for certifying the cybersecurity of outsourced service providers?
Financial System Stability & AI
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Can AI exacerbate procyclicality or systemic risk in trading and credit underwriting?
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How do regulators plan to monitor and mitigate model contagion from widespread use of similar AI models?
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Is AI accelerating the speed at which market disruptions can spread?
Supervisory Technology
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How are regulators using AI and machine learning to enhance their own supervisory capabilities?
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Are there safeguards in place to prevent AI used in supervision from becoming a black box itself?
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What are the biggest challenges you face in adopting AI responsibly within your agency?
Regulatory Innovation & Collaboration
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Are there plans for global coordination on AI governance in financial markets?
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What lessons have regulators learned from past technology booms that are shaping current AI oversight?
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Do you see a need for a global framework similar to Basel for AI risk in finance?
Consumer Protection
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How are regulators protecting consumers from opaque or manipulative AI-driven financial products?
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What concerns do you have about AI-enabled fraud and identity theft in consumer finance?
Accountability & Transparency
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Who is ultimately accountable when an AI system in a financial firm causes harm—developer, user, or the firm?