Denmark: Financial Supervisory Authority Issues Good Practice Note on Uses of Supervised Machine Learning in Financial Sector

On July 10, 2019, the Danish Financial Supervisory Authority (FSA) issued a note on good practice regarding the use and application of artificial technology and, more particularly, supervised machine learning, in financial services. The purpose of the note is to provide financial companies with the necessary information they need to harness the advantages of using machine learning and integrating it into their internal procedures with knowledge of the risks to which their business models may be exposed.

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