Does QCB Artificial Intelligence Guideline require Transparency & Disclosure?

Qatar • enforcing

Yes — 1 provision

Requirements at a glance

This regulation imposes 4 specific requirements for Transparency & Disclosure across 1 provision:

AI Transparency and Disclosure

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Obligation:
Transparency
enforcing
Effective:
Sep 4, 2024
Risk tier:
all (heightened for high-risk AI)
Scope:
All Qatar Central Bank-licensed financial institutions deploying AI systems, with heightened disclosure for high-risk systems
Clause 20.3 guidance says customers should be informed of AI products/services, risks and limitations, including each high-risk interaction. This should-language is not promoted into the mandatory requirements below; those separately reflect clauses 10.6 and 20.1-20.2, 20.4-20.6. Penalties qualification: Subject to QCB's general supervisory enforcement powers.

Requirements

RequirementDetails
Annual register disclosureDisclose the full AI systems Register to QCB annually (10.6); clauses 10.1-10.5 address the register, risk criteria, high-level risk and impact assessment, high-risk systems and Provider identification
On-request register disclosureDisclose the full Register upon QCB request (10.6)
Customer notificationNotify customers when they interact with an AI system and provide accurate, understandable and accessible plain-language disclosure (20.1-20.2)
Customer informationProvide instructions, explain the data types, variables and factors affecting decisions upon customer request, and disclose how an AI decision may affect the customer and whether it is reversible (20.4-20.6)
View full regulation View obligation Obligation matrix