Financial Services AI Financial Services

The EU is leading the global charge to regulate AI and has now taken a significant step in realising that vision with the recent publication of its first AI Regulation.

Critics claim this is a retrograde step that will see the EU fall further behind in the global race to dominate the AI sector. The EU is backing itself that consumers will affirm its strategy by ultimately demanding and only using AI products that are trustworthy and held to the standards set out in the Regulation.