On 18 June 2024, the European Commission issued a targeted consultation and series of workshops on the use of artificial intelligence (AI) in finance.

The aim of the consultation is not to lead to policy work that would generate new duplicative requirements in relation to the use of AI by the financial sector, or to new requirements that have the potential to stifle AI innovation. Instead, the responses will inform the Commission services on the concrete application and impact of AI in financial services, considering the developments in the different financial services use cases.

The deadline for comments on the consultation is 13 September 2024.

Registration for the workshops, which will take place in the autumn, is open until 26 July 2024.