Clause 4.2 requirements covering oversight, confidentiality, suitability, and prohibition of autonomous trading.
Requirements placed on the AIMS by the regulator, clients, portfolio
managers and compliance concerning oversight, confidentiality, trading
authority and suitability.
Clauses: 4.2
requirements (6)
req-regulatory-oversightRegulatory oversight of AI-assisted investment activity
req-client-confidentialityConfidentiality of client portfolio information
req-no-autonomous-tradingNo autonomous trading or unsupervised order submission
req-human-oversightMeaningful human oversight of consequential AI outputs
req-suitabilitySuitability and fair treatment when AI influences investment decisions
req-impact-assessment-currencyCurrent AI system impact assessment before material change