AI Assurance in Financial Services

10am – 11am 10 June 2025 Online

This high-level session brings together financial services industry leaders, policymakers, and AI ethics experts to explore the critical intersection of AI assurance and financial services applications. The event will examine how the FS sector can effectively implement AI assurance mechanisms to build trust while addressing unique ethical considerations and safety requirements.

The event provides a unique platform for technology professionals to engage with domain experts to examine current best practices. Attendees of this session will gain insights into building trust in AI systems, implementing robust assurance frameworks, and ensuring responsible innovation in financial services. The event will culminate in a forward-looking discussion on the future requirements for AI assurance in financial services, followed by a supportive paper.

This session is particularly timely as financial institutions face increasing pressure to integrate AI systems responsibly amid evolving regulatory frameworks. With the UK's AI regulatory proposals, the EU's AI Act implementation, and global standard-setting initiatives gaining momentum, financial organisations must navigate complex compliance requirements while maintaining innovation.

The rapid deployment of large language models and generative AI in customer service, fraud detection, and risk assessment has accelerated the need for comprehensive assurance mechanisms that address algorithmic bias, data privacy, and model explainability. This event offers critical guidance as financial institutions work to balance technological advancement with their fiduciary responsibilities and ethical obligations in an increasingly AI-driven landscape.

techUK - Seizing the AI Opportunity

For the UK to fully seize the AI opportunity, citizens and businesses must have trust and confidence in AI. techUK and our members champion the development of reliable and safe AI systems that align with the UK’s ethical principles.

AI assurance is central to this mission. Our members engage directly with policy makers, regulators, and industry leaders to influence policy and standards on AI safety and ethics, contributing to a responsible innovation environment. Through these efforts, we help build public trust in AI adoption whilst ensuring our members stay ahead of regulatory developments.

Get involved: techUK runs a busy calendar of activities including events, reports, and insights to demonstrate some of the most significant AI opportunities for the UK. Our AI Hub is where you will find details of all upcoming activity. We also send a monthly AI newsletter which you can subscribe to here.

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