Financial compliance in the AI era: Overcoming risks and seizing opportunities

Micaela Madureira
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Micaela Madureira: Head of Compliance, Banco Carregosa, Portugal

Journal of Financial Compliance, 2025, vol. 9, issue 1, 7-16

Abstract: Risk management is a cornerstone of financial compliance, requiring institutions to integrate risk considerations into their strategic frameworks. This paper advocates for a holistic approach to compliance risk management, emphasising the importance of cultivating an appropriate organisational culture, utilising advanced tools and ensuring the presence of skilled human resources. By fostering collaboration, selecting relevant structured and unstructured data and leveraging emerging technologies, financial institutions can strengthen their resilience and effectively navigate evolving regulatory demands. This paper delves into the pivotal role of compliance specialists in shaping the future of financial risk management, offering a structured framework to enhance organisational resilience and compliance in the face of new challenges. It also explores the role of artificial intelligence (AI) and its application in compliance risk management, including the regulatory frameworks governing AI technologies and their role in minimising compliance risks. This article is also included in The Business & Management Collection which can be accessed at https://hstalks.com/business/.

Keywords: artificial intelligence (AI); compliance risk; risk management; new systems (search for similar items in EconPapers)
JEL-codes: E5 G2 K2 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jfc000:y:2025:v:9:i:1:p:7-16

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