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Reaching out to the Financial Sector – Assistant Privacy Commissioner Joins Panel Discussion at ASIFMA Annual Conference 2024
Date: 20 March 2024
The Assistant Privacy Commissioner for Personal Data (Legal, Global Affairs & Research), Ms Cecilia SIU (second from the right), spoke at the ASIFMA Annual Conference 2024.
Reaching out to the Financial Sector – Assistant Privacy Commissioner Joins Panel Discussion at ASIFMA Annual Conference 2024
The Assistant Privacy Commissioner for Personal Data (Legal, Global Affairs & Research) of the Office of the Privacy Commissioner for Personal Data (PCPD), Ms Cecilia SIU, attended the Asia Securities Industry & Financial Markets Association (ASIFMA) 2024 Annual Conference on 1 March 2024, and spoke on the panel titled “Generative AI – Cutting Through the Hype”.
Ms Siu discussed the privacy challenges associated with the use of generative artificial intelligence (AI) but stressed that they should not be barriers to innovation. She suggested that organisations that develop and use AI should adopt the recommendations on the ethical principles and measures set out in the PCPD’s “Guidance on the Ethical Development & Use of AI” to strike a balance between fostering innovation and ensuring the protection of personal data privacy.
The conference attracted an audience of over 500 delegates from the financial industry.
Ms Siu discussed the privacy challenges associated with the use of generative artificial intelligence (AI) but stressed that they should not be barriers to innovation. She suggested that organisations that develop and use AI should adopt the recommendations on the ethical principles and measures set out in the PCPD’s “Guidance on the Ethical Development & Use of AI” to strike a balance between fostering innovation and ensuring the protection of personal data privacy.
The conference attracted an audience of over 500 delegates from the financial industry.
The Assistant Privacy Commissioner for Personal Data (Legal, Global Affairs & Research), Ms Cecilia SIU (second from the right), spoke at the ASIFMA Annual Conference 2024.