This article introduces the basic ideas behind the European Union’s AI Regulation. It explains the risk-based approach of the regulation and highlights the resulting compliance requirements in the banking business. Banks are subject to particular challenges, especially as they have to fulfil their own compliance requirements as regulated institutions and are subject to official supervision.
Schweizerische Zeitschrift für Wirtschafts- und Finanzmarktrecht (SZW-RSDA), Heft 01, pp. 83-89,
2025
