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LIVE, VIRTUAL WEBINAR

AI in Financial Services: Where are we now, and where are we heading?

Over recent years, artificial intelligence (AI) has moved from being a niche interest to a technology that is embedded in core software packages and business processes.

While AI offers a range of potential benefits for firms, it also exposes them to a distinct set of risks. Regulators are responding, but the need to balance protection with pragmatism, coupled with the pace of AI adoption, means that regulation risks falling behind as the technology continues to evolve.

Join us for a webinar exploring the current state of play with AI, as well as the principal risks and the evolving regulatory response.

Date: Tuesday 15 September
Time: 5:00 - 5:45 pm (GST)
Delivery: Virtual, Zoom
Presenter: Michael Sacks & Nigel Sydenham

 

Overview

In this webinar, the first in a series exploring different aspects of AI, Michael Sacks and Nigel Sydenham consider the current state of play with AI, the challenges that firms need to respond to and the emerging regulatory approaches.

  • Where are we now?
    • Types of AI and their implications
    • How are firms, and individuals, actually using AI?
  • What are the key risks?
    • The challenge of AI – continuity and discontinuity of risks
    • A roundup of recent cases highlighting legal, regulatory and reputational risks
  • How are regulators responding?
    • A survey of regulatory approaches to AI
    • A look ahead – what’s on the horizon?

Who should attend?

This webinar is designed for Senior managers, Compliance and Risk professionals and others who wish to have a better understanding of the issues posed by their firm’s adoption of AI.

Why should you attend?

AI is the most transformative technology of our generation. Most firms are already using AI tools, whether they realise it or not. This webinar will provide practical insight into the principal issues that firms must navigate, in order to ensure they are using AI responsibly.

Speaker bio

Nigel specialises in training boards, senior executives and other staff on the impact of regulation and regulatory change.

He is a CFA Charterholder and Chartered Fellow of the CISI, with over 15 years’ industry experience.

With a background in compliance in private banking and wealth management, Nigel has a particular interest in effective corporate governance and the management of compliance and regulatory risk. His interests also include issues relating to ESG and climate risk, conduct and culture (including non-financial misconduct), and all aspects of financial crime prevention, as well as the impact of fintech on compliance and regulation.

 

Michael has over 20 years’ experience in compliance learning, with particular expertise in developing innovative, blended learning solutions.

He started his career as a lawyer, advising on UK and international regulation. In 2005, he set up a global compliance training provider which developed online and classroom training for major financial groups, regulators and multi-national companies. As one of the lead subject matter experts, he delivered compliance training on a wide range of regulatory topics, including financial crime, market conduct, information security and conduct risk.

Michael has worked with regulators and industry bodies, including the FSA (now FCA), the JMLSG and the BSR/UN Global Compact, to develop training and awareness initiatives in relation to major legal and regulatory events. He is also the author of ‘Financial Services Regulation - A Practical Guide’ which was endorsed by Sir Callum McCarthy, former Chairman of the FSA.

 

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