Rather than trying to police the way banks' artificial intelligence models are designed, regulators should assess the results they produce, and make sure they adhere to existing consumer protection ...

The FCA has published details of the ‘proportionate’, ‘flexible’ and outcomes-focused conduct regime it is proposing for newly regulated BNPL agreements. These include a pragmatic approach to ...

Reviewing the Supplier Guaranteed Standards of Performance.

Many countries, including the United States, use forms of performance-based regulation to promote safety and reduce risk in high-hazard industries. The term “performance-based” is often used to refer ...

The Reserve Bank of India (RBI) is embarking on a significant transformation in its regulatory approach, according to the central bank's Deputy Governor M Rajeshwar Rao. The central bank is gradually ...