MCO CEO Brian Fahey joined Business Reporter’s FinTechTalk for a panel discussion on how financial institutions can prepare for AI-driven compliance and balance automation with accountability and transparency.
Hosted by Charles Orton-Jones, the conversation also featured Dane Pedro, Head of UK Compliance and MLRO at Mollie, and Marili Anderson, Managing Director and Head of Compliance, SMF 16, at Rabobank.
How Ready Are Financial Institutions for AI-Driven Compliance?
As AI becomes increasingly embedded in financial services, compliance teams are under growing pressure to modernise their systems, strengthen governance and keep pace with regulatory expectations.
The panel explores whether firms have the technology infrastructure and data foundations needed to deploy AI responsibly. Effective adoption requires more than adding a new tool. Firms must ensure that their data is reliable, their systems support appropriate governance and their use of AI remains transparent and accountable.
The conversation also examines what regulators expect from firms using AI for compliance and where the technology can deliver the most value. While AI can support automation and help compliance teams work more efficiently, human oversight remains essential—particularly when decisions carry regulatory, legal or reputational consequences.
For financial institutions, successfully adopting AI means finding the right balance between innovation and control. Strong governance, trusted data and clearly defined human accountability will be critical as firms bring AI into more areas of their compliance programs.
Watch the on-demand FinTechTalk episode here: How Ready Are Financial Institutions for AI-Driven Compliance?
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