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By Alejandro GONZÁLEZ VEGA, Senior Associate Christoforos SOTERIOU, Senior Associate, DLA Piper Luxembourg
AI is at the forefront of the current digital transformation. And the financial markets aren’t immune to this rapidly evolving technology.
Asset managers are integrating AI into their operations and trying to race against the clock to harness its power and reap its profits. But they should be aware of the implications of the recently passed Artificial Intelligence Act (AI Act) for the asset management industry. And they need to know the necessary steps asset and fund managers should take to navigate this new EU regulatory landscape.
AI in the financial services industry
According...
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