When Boris Johnson stood up in parliament to announce England’s new Covid-19 restrictions on September 22, people were quick to point out how arbitrary the new rules seemed. Would shutting pubs an ...
Chris Sullivan, Courion’s vice president of customer solutions, recently posted a blog entry about risk management. In it he quotes Warren Buffett, the world’s richest man and undisputed king of ...
Recently, I spoke with several clients who had attended mortgage industry conferences. Each one of them pointed out the very same fact: Operational risk and regulatory compliance are the most ...
US regulators, led by the Federal Reserve, have thwarted a push to make climate risk a focus of global financial rules, according to people familiar with the matter. European central bankers have been ...
Years ago, as an impressionable young banker, I was pulled aside by my manager for a chat. There are, he said, two kinds of rules in banking. Red rules are hard and fast — break them, and you could be ...
Risk-based pricing (RBP) refers to the practice of using a consumer's credit report, which reflects his or her risk of non-payment, in setting or adjusting the price and other terms of credit offered ...
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Draft rules target chatbot risks

The push to regulate chatbots reflects both their utility and their risks. The draft points to a practical goal: promote ...