{"id":"https://openalex.org/W4401387647","doi":"https://doi.org/10.1109/ickecs61492.2024.10616752","title":"Regulatory Compliance and AI: Navigating the Legal and Regulatory Challenges of AI in Finance","display_name":"Regulatory Compliance and AI: Navigating the Legal and Regulatory Challenges of AI in Finance","publication_year":2024,"publication_date":"2024-04-18","ids":{"openalex":"https://openalex.org/W4401387647","doi":"https://doi.org/10.1109/ickecs61492.2024.10616752"},"language":"en","primary_location":{"id":"doi:10.1109/ickecs61492.2024.10616752","doi":"https://doi.org/10.1109/ickecs61492.2024.10616752","is_oa":false,"landing_page_url":"https://doi.org/10.1109/ickecs61492.2024.10616752","pdf_url":null,"source":{"id":"https://openalex.org/S7407086947","display_name":"International Conference on Knowledge Engineering and Communication Systems (ICKECS)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"conference"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2024 International Conference on Knowledge Engineering and Communication Systems (ICKECS)","raw_type":"proceedings-article"},"volume":null,"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5041472288","display_name":"Aniket Deshpande","orcid":"https://orcid.org/0000-0001-6366-5999","observed_orcids":["https://orcid.org/0000-0001-6366-5999"]},"institutions":[{"id":"https://openalex.org/I2800472358","display_name":"Sunrise University","ror":"https://ror.org/03av5bg62","country_code":"IN","type":"education","lineage":["https://openalex.org/I2800472358"]}],"countries":["IN"],"is_corresponding":true,"raw_author_name":"Aniket Deshpande","raw_affiliation_strings":["Sunrise University,Department of CSE,Alwar,Rajasthan,India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Sunrise University,Department of CSE,Alwar,Rajasthan,India","institution_ids":["https://openalex.org/I2800472358"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5041472288"],"corresponding_institution_ids":["https://openalex.org/I2800472358"],"apc_list":null,"apc_paid":null,"fwci":70.1942,"has_fulltext":false,"cited_by_count":27,"citation_normalized_percentile":{"value":0.99895963,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":100},"biblio":{"volume":null,"issue":null,"first_page":"1","last_page":"5"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13364","display_name":"Digitalization, Law, and Regulation","score":0.5342000126838684,"subfield":{"id":"https://openalex.org/subfields/3308","display_name":"Law"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13364","display_name":"Digitalization, Law, and Regulation","score":0.5342000126838684,"subfield":{"id":"https://openalex.org/subfields/3308","display_name":"Law"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.18649999797344208,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10883","display_name":"Ethics and Social Impacts of AI","score":0.13369999825954437,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/artificial-intelligence-in-finance","display_name":"artificial intelligence in finance","score":0.9150000214576721},{"id":"https://openalex.org/keywords/regulatory-compliance","display_name":"regulatory compliance","score":0.9010000228881836},{"id":"https://openalex.org/keywords/financial-regulation","display_name":"financial regulation","score":0.859000027179718},{"id":"https://openalex.org/keywords/data-privacy","display_name":"data privacy","score":0.9660000205039978},{"id":"https://openalex.org/keywords/ai-ethics","display_name":"AI ethics","score":0.8640000224113464},{"id":"https://openalex.org/keywords/algorithmic-transparency","display_name":"algorithmic transparency","score":0.859000027179718},{"id":"https://openalex.org/keywords/accountability","display_name":"accountability","score":0.9819999933242798},{"id":"https://openalex.org/keywords/compliance-frameworks","display_name":"compliance frameworks","score":0.5960000157356262},{"id":"https://openalex.org/keywords/regulatory-risk-assessment","display_name":"regulatory risk assessment","score":0.8040000200271606},{"id":"https://openalex.org/keywords/financial-institutions","display_name":"financial institutions","score":0.6919999718666077}],"concepts":[{"id":"https://openalex.org/C2781460075","wikidata":"https://www.wikidata.org/wiki/Q1399332","display_name":"Compliance (psychology)","level":2,"score":0.8171986937522888},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4724743068218231},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.34406155347824097},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.08836290240287781},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/ickecs61492.2024.10616752","doi":"https://doi.org/10.1109/ickecs61492.2024.10616752","is_oa":false,"landing_page_url":"https://doi.org/10.1109/ickecs61492.2024.10616752","pdf_url":null,"source":{"id":"https://openalex.org/S7407086947","display_name":"International Conference on Knowledge Engineering and Communication Systems (ICKECS)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"conference"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2024 International Conference on Knowledge Engineering and Communication Systems (ICKECS)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.46149998903274536,"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":12,"referenced_works":["https://openalex.org/W1441180700","https://openalex.org/W1755880734","https://openalex.org/W2182051792","https://openalex.org/W2282821441","https://openalex.org/W2477904491","https://openalex.org/W2493343568","https://openalex.org/W2506282302","https://openalex.org/W2557671501","https://openalex.org/W2744999500","https://openalex.org/W3124739569","https://openalex.org/W3124945860","https://openalex.org/W4307543466"],"related_works":["https://openalex.org/W6947987865","https://openalex.org/W7162417759","https://openalex.org/W4412738884","https://openalex.org/W4415653346","https://openalex.org/W4406829498","https://openalex.org/W4394883971","https://openalex.org/W4414491736","https://openalex.org/W4412055977","https://openalex.org/W7153082512","https://openalex.org/W4412623211"],"abstract_inverted_index":{"In":[0],"the":[1,24,45,54,61,88,98,103,167,194,205,212,220],"evolving":[2,89],"landscape":[3],"of":[4,38,68,76,91,169,175,196,207,214,223],"financial":[5,104,116],"services,":[6],"Artificial":[7],"Intelligence":[8],"(AI)":[9],"has":[10],"emerged":[11],"as":[12,71],"a":[13,35,82,110,131,173],"transformative":[14],"force,":[15],"driving":[16],"innovation":[17],"and":[18,31,53,79,97,128,138,152,162,190,211],"efficiency.":[19],"However,":[20],"its":[21,179],"integration":[22],"within":[23],"sector":[25],"is":[26,134,144],"accompanied":[27],"by":[28,146],"significant":[29],"legal":[30],"regulatory":[32,55,63,92,140,160,200,209],"challenges,":[33],"necessitating":[34],"nuanced":[36],"understanding":[37],"compliance":[39,150,183,216],"frameworks.":[40],"This":[41],"paper":[42],"delves":[43],"into":[44],"intricate":[46],"relationship":[47],"between":[48],"AI":[49,124,224],"applications":[50,125],"in":[51,102,118,130,181,218,225],"finance":[52],"environment":[56],"governing":[57],"them.":[58],"We":[59,165],"explore":[60],"current":[62],"landscape,":[64],"identifying":[65],"key":[66],"areas":[67],"concern":[69],"such":[70],"data":[72],"privacy,":[73],"ethical":[74],"use":[75],"AI,":[77],"transparency,":[78],"accountability.":[80],"Through":[81],"comprehensive":[83],"literature":[84],"survey,":[85],"we":[86],"highlight":[87],"nature":[90],"guidelines":[93],"across":[94],"different":[95],"jurisdictions":[96],"implications":[99],"for":[100],"stakeholders":[101],"ecosystem.":[105],"Our":[106],"proposed":[107],"work":[108],"introduces":[109],"novel":[111],"framework":[112,143,171],"designed":[113],"to":[114,158,192],"assist":[115],"institutions":[117],"navigating":[119],"these":[120],"complexities,":[121],"ensuring":[122],"that":[123,133,148],"are":[126,186],"developed":[127],"deployed":[129],"manner":[132],"compliant":[135],"with":[136],"existing":[137],"foreseeable":[139],"requirements.":[141],"The":[142,202],"underpinned":[145],"algorithms":[147],"facilitate":[149],"checks":[151],"risk":[153],"assessments,":[154],"incorporating":[155],"mathematical":[156],"models":[157],"predict":[159],"alignment":[161],"potential":[163,222],"breaches.":[164],"present":[166],"implementation":[168],"our":[170,197],"through":[172],"series":[174],"case":[176],"studies,":[177],"demonstrating":[178],"effectiveness":[180],"enhancing":[182],"processes.":[184],"Results":[185],"analyzed":[187],"using":[188],"graphs":[189],"tables":[191],"illustrate":[193],"impact":[195],"approach":[198],"on":[199],"adherence.":[201],"conclusion":[203],"underscores":[204],"importance":[206],"proactive":[208],"engagement":[210],"adoption":[213],"sophisticated":[215],"tools":[217],"harnessing":[219],"full":[221],"finance.":[226]},"counts_by_year":[{"year":2026,"cited_by_count":12},{"year":2025,"cited_by_count":13},{"year":2024,"cited_by_count":2}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2024-08-08T00:00:00"}
