Bridging AI Regulation and Sustainability Reporting
14:30 Welcome word and EU Regulatory Outlook by Morten Kriek, Founder, Wisselbanck
14:45 AI Assessment Disentanglement: Choosing the First Thread to Pull by a Anthony Hibbert, AI Governance Expert at ING Bank
As AI continues to play an increasingly prominent role in various domains, understanding and navigating the landscape of ethical considerations and risks becomes paramount. There seems to be so many possible ethical concerns and risks, including data protection and cybersecurity risks, and just as many assessments to use because of different approaches by governing bodies and legislatures. We will delve into navigating the world of AI assessments and find a path together.
15:15 AI regulation and compliance in Finance by Rohit Kumar, President, FinPlusTech – RiskAI
Several countries, in recent months, have come up with guidelines and regulations to monitor and control the use of AI in critical sectors including Finance. The EU harmonized rules on artificial intelligence (2021/0106), the Principles to Promote Fairness, Ethics, Accountability and Transparency (FEAT) guidelines issued by Monetary Authority of Singapore are just some of the precursors to comprehensive regulation governing the use of AI in critical industries and advocates a risk based approach to AI governance. This means that risk managers are not just stakeholders in the process but must also increasingly have an intimate understanding of explainable AI and risk based approaches applied to AI governance. In this talk we will discuss the above regulations and how risk managers can be better prepared to manage regulatory risks arising from the new compliance requirements.
16:00 Coffee Break
16:30 Panel Discussion – How AI can help with CSRD compliance and the battle against Greenwashing
Applying artificial intelligence (AI) to ESG (Environmental, Social, and Governance) compliance can help organizations effectively manage and monitor their ESG initiatives, assess risks, and ensure transparency and accountability. During this panel discussion we will look at how AI can play a significant role in helping organizations comply with the Corporate Sustainability Reporting Directive (CSRD) 2022/2464, and how it can play a crucial role in detecting and combating greenwashing, which is the practice of conveying a false or misleading impression of a company’s environmental responsibility or sustainability efforts.
Panel participants:
- Elena Durante, Audit Manager ESG Risk, ING Bank
- Fabiola Kacani, Group Compliance ESG program, ING Bank
- Saba Majeed, Compliance Officer, NN
Moderator:
- Rohit Kumar, President, FinPlusTech – RiskAI
17:30 Networking Reception
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