This Marcus Evans industry meeting provides essential insights for financial institutions aiming to master AI and ML modelling in an evolving regulatory environment. Considering the EU AI Act requirements, banks must ensure transparency and ethical design from model development stage to ensure robust validation and maximise ROI. Attendees will explore strategies to align model development with regulatory requirements while managing risks emerging from advanced AI models such as bias and hallucinations. Sessions will focus on practical approaches to data governance, continuous model monitoring, and integrating AI model oversight within existing risk management frameworks. Additionally, the event highlights how generative AI and LLMs can be leveraged effectively without compromising compliance, operational integrity, or ethical standards. Participants will gain insights on balancing innovation with regulatory demands and governance standards ensuring accurate decision-making.
