Compliance

Telescope's AI Safety and Ethics Policy

By Compliance on

Telescope AI today released its AI Safety & Ethics Policy, establishing a rigorous framework for responsible AI implementation in financial services in capital markets. The policy, effective November 19, 2024, outlines comprehensive measures for risk management, transparency, and ethical AI deployment.

”We recognize our critical role as an intermediary between AI capabilities and financial markets,” states Kevin Algeo, Chief Strategy Officer at Telescope. “Our approach focuses on responsible implementation, robust safeguards, and comprehensive risk management while maintaining innovation in financial services.”

The policy introduces several key initiatives:

  • A multi-tiered Guardrails system implementing five core policies covering personal advice, subjective advice, content moderation, input validation, and personal information protection
  • Real-time monitoring and oversight mechanisms with three levels of surveillance based on risk severity
  • Strict protocols for transparency and explainability in AI-generated outputs
  • Comprehensive data governance and privacy protection measures
  • Technical controls ensuring consistent and reliable AI system performance

Telescope’s framework is influenced from the major international standards, including Australia’s Voluntary AI Safety Standard, the EU AI Act, and the California AI Transparency Act. The policy emphasizes proportional risk management that scales with AI capability levels and potential market impact.

The company’s approach acknowledges the rapidly evolving nature of AI technology and regulatory landscapes. The policy serves as a living document, regularly updated to address emerging challenges and opportunities in AI-powered financial services.

Financial institutions and stakeholders can access the complete AI Safety & Ethics Policy at telescope.co. Telescope welcomes feedback from industry participants and regulators to continuously improve its framework for responsible AI innovation in finance.

Read the full AI Safety & Ethics Policy

For media inquiries: legal@telescope.co