Ep. 157: Artificial Intelligence and Prudential Supervision

This podcast highlights the benefits and challenges of using artificial intelligence (AI) in prudential supervision.The speakers discuss how AI can be used as a supervisory tool to improve fraud detection and risk monitoring, as well as supervising industry use. They also explore the importance of human oversight to ensure fairness in decision making, and the need for ongoing cooperation and flexibility while learning more about AI’s potential.Speakers: Manoj Singh, Deputy General Manager, Central Quality Assurance, Reserve Bank of IndiaKangyu Wang, PhD Candidate, Department of Philosophy, Logic & Scientific Method, London School of EconomicsHost: Wynnell De Landro-Robinson, Program Director, Toronto CentreRead the transcript here (https://torcentre.sharepoint.com/:b:/s/Files/EcGgP5BQJJNJpI1ZlkIfXnkBa9BUzIS2OmSfEoeX-RbMiw?e=XRhrBW). Read their biographies here (https://torcentre.sharepoint.com/:b:/s/Files/ETuj3_cLhbNKudnIVMsQxT8BU_5BVfDbb4jGLQVpV7snlA?e=AnKXGv).

Om Podcasten

Providing high quality capacity building programs for financial supervisors and regulators to build more stable and inclusive financial systems. Toronto Centre is an independent not-for-profit organization that promotes financial stability and access to financial services globally, particularly in emerging markets and developing countries. www.torontocentre.org What financial supervisors and regulators do every day has a ripple effect that cascades across government, NGOs, and the private sector impacting developing economies and those living in them. Toronto Centre’s podcast series will feature simulating panel sessions and interviews on timely topics such as, financial crisis, financial stability, climate change, gender equality, financial inclusion, fintech and much more.