The application of Artificial Intelligence in banks in the context of the three lines of defence model

The use of Artificial Intelligence (AI) and Machine Learning (ML) techniques within banks is rising, especially for risk management purposes. The question arises whether the commonly used three lines of defence model is still fit for purpose given these new techniques, or if changes to the model are...

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Bibliographic Details
Main Author: Alette Tammenga
Format: Article
Language:English
Published: Pensoft 2020-06-01
Series:MAB
Online Access:https://mab-online.nl/article/47158/download/pdf/