The Use of AI in the Financial Sector
Date: 21 May 2025
Time: 09:00
Duration: 3 half-days (morning sessions)
Location: Online
Cost: € 850.00 // € 765.00 (Register by 7 May)
Organiser: ERA - Academy of European Law
Web Link: https://www.era.int/cgi-bin/cms?_SID=459366644dd04f9b636e86d715eaac4393bc009701188013036612&_sprache=en&_bereich=artikel&_aktion=detail&idartikel=133362
Description:
Objective:
The adoption of AI-based tools has been expanded in various sectors, such as banking, investment, and insurance, as a result of recent technological advancements in AI. Examples include applications in fraud detection, credit decisioning, risk management, textual analysis, coding, customer service, compliance, capital optimisation, and portfolio management, among others, which frequently enhance the accuracy, speed, and efficiency of processing. AI applications in financial services, including creditworthiness assessments and risk evaluations in life and health insurance, are classified as high-risk.
The objective of this online seminar is to offer a comprehensive perspective on the current European legislation and case law of the Court of Justice of the EU, investigate emerging trends in financial market regulation, and facilitate dialogue among practitioners working in compliance and financial supervision.
Key topics:
- Overview of the EU Artificial Intelligence Act;
- AI in finance: use cases and regulatory implications;
- MiFID II meets machine learning;
- Automated decision-making, credit scoring and beyond;
- Supervising high-risk AI in financial services;
- Transparency, explainability, and human oversight;
- Emerging trends in EU and national financial regulation;
- Compliance, governance, and enforcement.
Who should attend?
Regulators, supervisory and compliance officers, private lawyers, in-house counsel.
Interactive Online Seminar:
- Interact instantly and directly with our top-class speakers;
- Experience our speakers live as if it were in-person;
- Raise your points with attendees from other countries and professions;
- Receive a link to all the necessary seminar materials you need before the course;
- Get technical support during the course;
- No travel, no accommodation – saving you time and money.
