AI Policy
Japan Exchange Group, Inc., Tokyo Stock Exchange, Inc., Osaka Exchange, Inc., Tokyo Commodity Exchange, Inc., JPX Market Innovation & Research, Inc., Japan Exchange Regulation, and Japan Securities Clearing Corporation (collectively, hereinafter referred to as "JPX") recognize that, as Japan’s financial market infrastructure, they have a social responsibility to contribute to the realization of a prosperous society through the stable operation and sustainable development of the markets.
To continue fulfilling this responsibility in the years ahead, JPX regards AI as an important technology that contributes to enhancing operational efficiency and sophistication, creating new value, and improving market functions, and will promote the utilization of AI while keeping abreast of technological developments.
However, the use of AI also entails risks such as errors, bias, information leakage, and opaque decision-making.
JPX has established this policy to maximize the potential of AI while appropriately recognizing and managing its risks, and to promote its safe and responsible utilization.
1. Human-Centric Approach
In utilizing AI, JPX respects human dignity and the autonomy of individuals in exercising their own judgment and strives to ensure that human rights are not infringed. JPX utilizes AI to support and augment human capabilities, while seeking to prevent AI-generated decisions or actions that are contrary to human intent, as well as outputs or behaviors that may cause disadvantages or harm to individuals. In addition, JPX will ensure that humans can exercise appropriate judgment and intervene when necessary.
2. Safety
JPX will identify and assess risks based on the purpose and characteristics of the use of AI and implement appropriate safety measures to ensure that the use of AI does not cause harm to human life, health, property, mental well-being, the environment, or other interests. In addition, JPX will appropriately manage risks associated with the autonomous behavior of AI, its integration with external systems, and interactions among multiple AI systems.
3. Fairness
JPX recognizes that unfair biases may arise in AI-driven decisions and that such biases may accumulate or be amplified through the data used by AI and interactions involving AI-generated or AI-mediated information. By recognizing such risks and taking into account diversity in judgment and information, JPX strives to ensure fairness and prevent the unfair discrimination of any individual or group.
4. Privacy Protection
With respect to personal information and other privacy-related information handled in the utilization of AI, JPX appropriately understands the scope of the handling of such, including AI-driven information retrieval, access to information, and integration with external systems, and manages such information in accordance with applicable laws and regulations to ensure that it is not collected, used, or disclosed in a manner contrary to the intentions of the individual concerned, thereby respecting and protecting individual privacy.
5. Ensuring Security
In order to ensure the confidentiality, integrity, and availability of AI systems and the data handled by AI, JPX will identify threats, including external attacks, unauthorized operations or manipulation, and actions exceeding authorized privileges, taking into account the characteristics of AI and its modes of use, including integration with external systems. JPX will implement appropriate security measures to prevent unintended processing and the propagation of its effects.
6. Transparency
JPX strives to ensure transparency in the utilization of AI by understanding the purposes and methods of AI use, as well as the impacts of AI-driven decisions and actions. To a reasonable extent, JPX will verify the basis for such decisions and actions, the processes involved, and the details of integration and execution with external systems. In addition, JPX will endeavor to ensure that such decisions and actions can be explained and traced as necessary.
7. Accountability
Taking into account the scope of AI-driven decisions and actions, JPX will clearly define the roles and responsibilities of the organizations and individuals involved in the planning, development, provision, operation, and use of AI. JPX will also provide stakeholders with necessary information in a timely and appropriate manner and, in the event of an issue, explain the circumstances surrounding the relevant decisions or actions and the status of its response, thereby endeavoring to fulfill its accountability.
8. Education and Literacy
JPX will provide the necessary education and promote AI literacy so that those involved with AI can properly understand its characteristics, potential, and risks and utilize it in an appropriate manner.
9. Ensuring Fair Competition
JPX will conduct business activities that utilize AI in a manner that does not impede fair competition and will strive to ensure a fair competitive environment by sharing information related to AI to the extent reasonable and practicable.
10. Innovation
JPX will strive to create new value through the proactive utilization of AI while appropriately managing its risks, thereby contributing to social and economic development.