Federal Councillor Ueli Maurer invites financial sector to roundtable on artificial intelligence

Bern, 18.11.2022 - On 18 November 2022, Federal Councillor Ueli Maurer received representatives of the financial industry, tech companies, academia and the authorities at a roundtable in Bern on artificial intelligence applications in the financial sector. The meeting focused on the opportunities, risks and developments in connection with artificial intelligence applications in the financial sector.

Recent years have seen further progress in the development of artificial intelligence applications. In February 2022, the Federal Council instructed the Federal Department of Finance (FDF) to draw up an overview of legal framework conditions that are of relevance for artificial intelligence (AI) applications. Moreover, the Confederation should assume the role of active dialogue partner and coordinator.

At the roundtable in Bern on 18 November 2022, the participants discussed the current status of and the potential for the use of AI in the financial sector. They also discussed obstacles and gaps in the current regulatory framework as regards the use of AI in the financial sector. The findings from the roundtable will be incorporated into the FDF's future work in this area.


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