Discover the transformative power of the AI Act, the world’s first comprehensive AI legislation, provisionally agreed upon by European institutions in December 2023. This session will explore how this groundbreaking law can guide and enhance AI implementation in Canada’s financial sector. Topics of discussion will include:

• Defining AI and Machine Learning and their alignment across sectors and nations
• Assessing AI risks to determine which systems require stringent governance
• Exploring the regulatory potential within Canada’s financial sector
• Ensuring robust governance, compliance, and innovation within the industry