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News 2026-09-29 19:00 UTC

Australian regulator to review banking sector AI use and customer impacts

By Scott Murdoch SYDNEY, Sept 30 (Reuters) — Australia's corporate regulator said on Wednesday it would formally review the country's banking sector's usage of AI in dealing with customers. The Australian Securities and Investments Commission (ASIC) warned in May the banks should take urgent ‌action on tackling potenti