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Artificial Intelligence Shaping Financial Governance and Global Regulation Through the IMF and World Bank

Artificial Intelligence Shaping Financial Governance and Global Regulation Through the IMF and World Bank
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Author(s): Zouheir Boussouf (Multidisciplinary Faculty of Taza, Sidi Mohammed Ben Abdellah University, Fez, Morocco), Hanae Amrani (The Faculty of Legal, Economic, and Social Sciences of Fes, Morocco), Khawla Amrani (The Faculty of Legal, Economic, and Social Sciences of Fes, Morocco)and Ahmed Aftiss (The Faculty of Legal, Economic, and Social Sciences of Fes, Morocco)
Copyright: 2025
Pages: 24
Source title: Behavioral Finance and AI Tools for Sustainability
Source Author(s)/Editor(s): Fouad Daidai (University Chouaib Doukkali, Morocco), Mimoun Benali (Sidi Mohamed Ben Abdellah University, Morocco)and Larbi Tamnine (Sidi Mohamed Ben Abdellah University, Morocco)
DOI: 10.4018/979-8-3693-9684-1.ch011

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Abstract

This chapter explores how the integration of Artificial Intelligence (AI) is redefining the governance and regulation of global financial markets in the era of technological transformation. It examines AI's impacts on regulatory frameworks and practices, focusing on its potential to enhance financial stability, transparency, and efficiency while addressing the specific challenges faced by developing countries. Through a qualitative approach, the study highlights key opportunities, including improved risk detection, optimized regulatory policies, and greater financial inclusivity in less developed regions. However, it also emphasizes challenges such as cybersecurity risks, the need for regulatory adaptation, and the inequalities that AI may exacerbate. The findings underline AI's pivotal role in modernizing financial regulatory practices and fostering international cooperation, offering critical insights into how AI is shaping the future of financial governance and regulation.

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