Luxembourg’s supervisor of the financial sector CSSF and the Center for Security, Reliability and Trust (SnT) signed a framework agreement on October 24th to apply artificial intelligence to prospectus analysis in the investment fund sector. The research project is launched for three years.
The Minister of Finance, Pierre Gramegna, who was present at the signing event, considers the convention being a great opportunity to transfer research results of the university to the real economy. As the world’s second largest center for investment funds, Luxembourg has the critical mass to carry out research projects in this field.