IBS Intelligence: AI governance and why evidence and accountability matter
AI governance scrutiny is increasing as firms need to evidence deployment, responsibility and customer outcome monitoring across financial services.
AI governance scrutiny is increasing as firms need to evidence deployment, responsibility and customer outcome monitoring across financial services.
Financial crime risk now needs connected oversight across systems, data and teams as fraud, scams and money laundering become more interconnected.
The FCA’s payments priorities focus on innovation, Consumer Duty, financial crime, operational resilience and safeguarding, with boards expected to evidence readiness.
Joe Norburn discussed the FCA’s consolidation review and the governance, resilience and client outcome issues facing advice and wealth firms.
Joe Norburn discussed how wealth firms can pursue consolidation while maintaining governance, due diligence, integration control and oversight.
In 2026, FCA supervision is expected to place greater emphasis on evidence, outcomes and targeted, data-led oversight.
Execution, governance and evidence matter as consolidation becomes part of the UK wealth management and advice market.
Joe Norburn says the Treasury Committee’s AI report marks a turning point for financial services firms, with governance, accountability and practical regulatory guidance becoming urgent priorities.
Attivo is using Recordsure technology to target high-risk ongoing advice files, evidence compliance, reduce review costs and improve oversight across its advice journey.
Kit Ruparel, Recordsure’s CTO, demystifies AI agents: what Agentic Clients, Servers and protocols such as MCP actually do, why chaining LLMs compounds confidently wrong answers, and how to build safe,…