NFADP

Suisse  ·  8 min read

FINMA Will Assess Board AI Governance in Every Review

FINMA has stated it will assess board-level AI governance as part of regular supervisory reviews. It has published two guidance documents in five months documenting specific governance gaps across Swiss banking. The institutions that build governance-grade AI before the next examination cycle are making an investment. The ones that do not are accumulating a finding.