PIMFA response to Bank of England Discussion Paper 5/22: ‘Artificial Intelligence and Machine Learning’ – FCA DP22/4: ‘Artificial Intelligence’

This is the PIMFA response to the Bank of England Discussion Paper 5/22: ‘Artificial Intelligence and Machine Learning’ - FCA DP22/4: ‘Artificial Intelligence’ (February 2023), commenting that AI and ML technologies are powerful tools and the industry needs to understand them and address the risks they pose, and implement proportionate, effective and efficient controls to manage them