Regulatory Alerts2022-06-22
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Synthetic Data to Support Financial Services Innovation
A Call For Input explores market attitudes towards synthetic data and its potential for opening data sharing between firms, regulators, and other public bodies in financial services. It seeks to understand industry views on synthetic data's potential to support innovation, the requirements for its effectiveness, and any associated limitations and risks. The Financial Conduct Authority invites comments from academics, incumbents, start-ups, RegTechs, FinTechs, technology firms, regulators, and policy-making bodies by 22 June 2022.
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