Summary

As AI adoption accelerates across wealth and asset management, firms face a growing challenge: how to unlock the benefits of AI while maintaining effective oversight, regulatory compliance and accountability. This is complicated by a sector where much of that AI capability sits with third-party platforms and data providers rather than
in-house systems.

From investment research and client communications to compliance monitoring and regulatory change management, AI is becoming embedded across organisations at an unprecedented pace. Yet many firms are still grappling with a fundamental question: what does good AI governance actually look like in practice, particularly when the technology itself is not entirely their own? 

At the same time, regulators are signalling that firms should not expect a standalone AI rulebook. Instead, they are expected to demonstrate how existing regulatory obligations apply to AI systems, while helping to shape industry standards for responsible adoption. 

In this ICA Masterclass, delivered in partnership with Zango, senior compliance leaders and practitioners will explore a series of practical case studies to understand how firms are governing AI at scale. It will consider latest regulatory developments, and insights from new AI governance research. 

Through expert insight, practitioner-led discussion and interactive roundtables, attendees will gain practical approaches to strengthening oversight, establishing accountability and enabling safe, responsible AI adoption across their organisations.

Key learning points

• Establishing governance frameworks and accountability models. 
• Supporting business-wide adoption while maintaining effective oversight. 
• Adapting the Three Lines of Defence for an AI-enabled operating environment. 
• Managing AI risk where capability sits with third parties, including suitability and best execution where AI touches advice or reporting. 
• Defining industry standards for responsible AI deployment before regulators prescribe them. 

Agenda at a glance

15:00: Welcome from Tim Tyler, Vice President, ICA  

15:10: Regulatory insight and AI governance research briefing 

15:30: From pilot to production, building AI governance at scale

Three practitioner perspectives on the governance challenges firms face as AI adoption matures: 

• See it: Gaining visibility over AI adoption
  Building a live inventory of AI tools, use cases and associated risks to support effective governance and oversight. 
• Scale it: Enabling safe and responsible adoption
  How compliance can act as a strategic partner to AI-enabled growth while maintaining consistent standards across jurisdictions. 
• Govern it: Establishing accountability and oversight
  Creating proportionate governance frameworks, defining ownership and accountability and determining where AI can be used effectively within compliance activities. 

16:10: Interactive roundtables – Defining good AI governance in practice 

16:50: Key takeaways and closing reflections 

17:00: Networking drinks  

Who should attend?

This session is designed for senior risk and compliance professionals, including:

• CCOs
• MLROs
• CROs
• Directors / Heads of Compliance
• Director / Heads of Financial Crime
• Director / Heads of Risk

Register today

There are a limited number of complimentary passes available for attendance to the masterclass through an application and approval process.

Please complete the following form to apply for a pass, and we will reply to you within two working days to confirm whether your application has been successful.

This masterclass is designed specifically for senior professionals working in Asset and Wealth Management companies. Registrations from consultants, law firms, technology vendors, RegTech providers and other service providers will not be accepted.