Secretary General, Basel Committee on Banking Supervision, Bank for International Settlements
Neil Esho was appointed Secretary General of the Basel Committee on Banking Supervision (BCBS) in February 2022, having served in various roles within the BCBS Secretariat since 2006. During this period, Neil played a central role in the Committee’s supervisory and policy development programme, culminating in the finalisation of the Basel III regulatory reform package. Prior to joining the BIS, Neil was Head of Research at the Australian Prudential Regulation Authority (APRA). He holds a PhD in finance from the University of New South Wales, where he also held an academic position in the School of Banking and Finance.
Hall 2, Singapore EXPO
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As declining geopolitics affects technology policymaking globally, the risk for startups expanding beyond national borders is rising fast too. While national laws might be able to deal with simpler AI applications and LLMs, frontier models may require global rules - and an international body to oversee them. The ICAO (Aviation), CERN (Nuclear), IAEA (Atomic Energy), are organisations from the past that embody ways to govern a powerful new technology. And these have mostly worked.
But getting a global agency to oversee AI anytime soon might be quite the tall order.
So what can national policymakers do to create a framework that allows for startups at home to not only attract foreign capital, but expand beyond their borders easily, and at the same time contain risks from imported AI systems causing significant harm?
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