AI and Compliance
There are two sides to AI and compliance: AI systems doing compliance work, and compliance with the rules that now govern AI. Adoption is already mainstream in finance. The Bank of England and FCA's 2024 survey found that 75% of UK financial services firms already use AI. The question for a compliance officer is what to insist on before trusting a system with regulatory text: a run record, cited sources, and a named person deciding wherever accountability sits.
The regulation side moves just as fast. The EU AI Act, Regulation (EU) 2024/1689, became generally applicable on 2 August 2026, and the Digital Omnibus on AI moved the high-risk obligations for Annex III systems to 2 December 2027. Start with what AI agents for compliance actually do, then how accurate LLMs are on regulatory text, and use the EU AI Act checklist for deployers to date your own obligations.
Start here
- AI Agents for Regulatory Compliance: What They Actually DoVendor pages describe compliance agents in concepts and rarely show an execution. A complete run record shows the steps, timestamps, tokens and cost, and logs failure as a status an auditor can check a year later. A capability and limitation matrix lets you score any vendor.
- Can You Use ChatGPT for Regulatory Horizon Scanning? What Breaks and WhyChatGPT is good at explaining a regulation you already know about and unreliable at telling you what your regulators published last month. This essay documents five failure modes with primary sources, an access audit of four regulator websites, and a five-prompt stress test you can run yourself.
- LLM Accuracy on Regulatory Text: Hallucination Risks and How to Control ThemChatbots got 58% to 88% of verifiable case-law questions wrong in published studies, and retrieval-based legal research tools 17% to 33% of queries. A six-domain checklist pairs each of its 25 controls with a pass or fail test and a framework mapping.
- EU AI Act Compliance Checklist for Deployers: Deadlines Mapped Through 2028The Digital Omnibus moved the EU AI Act's high-risk dates but left the prohibitions, the literacy duty and the Article 50 transparency duties in place. This checklist maps twenty deployer obligations to the corrected calendar.
Terms
Bring your regulators. We’ll show you what applies.
A session run on the regulators and markets you name.