P ope Leo XIV, the first American-born pontiff, has made artificial intelligence a priority in his new papacy. In recent speeches at the...

A walk into the digital age, with continuous generation and sharing of data, is exposing us to our naked core and creating multiple...

Welcome to the March 2025 edition of our regulatory newsletter, where we bring you the latest developments in risk management, financial...

In this edition , we explore a series of groundbreaking developments that highlight AI’s vast reach and transformative potential. Early...

The Fundamental Review of the Trading Book (FRTB) is a flagship market risk regulation that is a game changer for financial institutions. For FRTB compliance, banks in the United Arab Emirates (UAE) have a choice between the Internal Model Approach (IMA) and the Standardised Approach (SA). Within the SA, banks can use the advanced approach based on risk sensitivities or a simplified standardised approach (SSA). The decision for FRTB compliance should be thought through care

I collaborated with Humane Intelligence  - a tech nonprofit building a community of practice around algorithmic evaluations, on a...

A story 📖   Imagine you have a new idea. It could be great – some sort of innovation , or new project type, something that the client...

February was a month dominated by AI governance as various regulatory bodies scrambled to put in place some ground-rules, in the face of...

Let me start by saying that the future of eCommerce is literally thriving, not just surviving ! E-commerce is on fire! By 2026, the...

What does the AI landscape look like when the lens is focused on the top 10 AI visionaries under 30? Expanding onto these success stories...

A thought-provoking question: “Can a machine make a fair hiring decision? As financial services firms are increasingly turning towards...

The financial services industry is undergoing a significant transformation, driven by advancements in Artificial Intelligence (AI),...

Artificial Intelligence (AI) is a general purpose technology with applications in practically every industry and is expected to...

The Monetary Authority of Singapore (MAS) has just released a comprehensive Information Paper on Artificial Intelligence Model Risk Management (AI MRM) . With financial institutions increasingly integrating AI into their operations—including the rapidly evolving generative AI technologies—this guidance arrives at a critical juncture. MAS’s key message is clear: while AI offers immense opportunities to drive innovation, improve efficiency, and enhance customer experiences, it

In today’s fast-evolving financial landscape, structured lending connects capital with need, managing risk with precision. This post kicks off a new series—developed with the help of AI tools—that explores the mechanics of structured lending, its key products, and the game-changing role of technology in the sector. Overview of Structured Lending Structured lending is a creative financing tool designed to meet unique borrowing needs, typically backed by specific collateral lik

Did you know that organizations today can easily identify over 500 distinct risk types in their libraries? Add to this the complexity of overlapping control matrices, hundreds of policies, and SOPs that read like novels. As businesses grow, risk landscapes also evolve—from startups requiring agility to mature organizations contending with intricate ecosystems and complexities. Simplification and Integration: The Core Challenges The true challenge of risk management lies in si

Financial crime detection has evolved dramatically over recent years, driven by advances in artificial intelligence (AI) and machine...

President Biden issued an executive order on 30 th October titled "Advancing Responsible Development and Use of Trustworthy Artificial Intelligence" that addresses the governance of AI technologies across various sectors, including financial services. This directive focuses on both fostering AI innovation and managing associated risks. The order was issued just prior to the AI Safey Summit in the UK and was also released before the final text of the EU AI Act. It is important

The upcoming EU AI Act aims to regulate AI systems used within the European Union across sectors. As a critical infrastructure, the...

In this blog post, we delve into the complexities of managing artificial intelligence (AI) initiatives within organisations. From...