AI Regulation in Practice: What Supervisors Really Expect to See from AI in the Financial Sector | ALLES LEGAL #126
Annerton partner Josefine Spengler explains how supervisory authorities assess AI systems in the financial sector in practice. AI is not treated as a regulatory special case but as an ICT system embedded within existing frameworks, particularly DORA. The focus lies on governance, accountability, traceability and ongoing monitoring. The interaction between DORA and the EU AI Act adds further complexity. The key takeaway: AI is not merely an IT issue – it is a management responsibility.
