Episode Details

In this episode, we explore the latest developments in AI regulation within the financial industry, including the FSB's final AI guidance, the EU AI Act, and the FCA's plans to become an agentic regulator. We discuss the implications for payment firms, fraud prevention, and the need for standardised AI practices.

Key Topics

• FSB's 12 AI practices for financial firms
• The role of human oversight in AI deployment
• Risks of AI agents in payments and commerce
• Regulatory approaches: FCA, EU AI Act, and others
• The importance of standardized AI practices
• Implications for fraud detection and prevention
• The concept of agentic AI and its regulation
• Future challenges in AI regulation and compliance

Host: Louis Thompsett
Guests: Kieran O'Connor & Callum Williams
Producer: Anaya McDonald
Editor: Anaya McDonald

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