AI impact: Future of compliance balances on a knife edge

Financial services compliance officers face mounting challenges

clock • 4 min read

Roman Eloshvili, ComplyControl founder, considers the future of compliance in the wake of artificial intelligence (AI) developments.

Year by year, the hype around AI technology only continues to grow, along with discussions about its healthy implementation and safety. Whether you're an AI enthusiast or skeptic, the fact remains — just in the EU alone, over a third of businesses already have AI implemented in their operations . And this figure will only grow. One of the most significant sectors utilizing AI is banking and financial advice. In fact, 49% of IFAs think that AI presents a big opportunity for their business. And one particular aspect here is compliance, which involves numerous routine, time-consuming, and m...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

AI becomes one of UK's leading 'advisers' with £47.4bn under influence

AI becomes one of UK's leading 'advisers' with £47.4bn under influence

‘AI is an incomprehensibly impactful wildcard in financial advice’

Jenna Brown
clock 22 October 2026 • 2 min read
In TikTok we trust? Just ask ChatGPT

In TikTok we trust? Just ask ChatGPT

In short, it's time to ‘get human'

Anna Plotnek
clock 22 October 2026 • 4 min read
FCA: Boundary between regulated and unregulated AI financial advice becoming blurred

FCA: Boundary between regulated and unregulated AI financial advice becoming blurred

'AI is moving faster than any regulatory framework was designed'

Jack Roach
clock 19 October 2026 • 4 min read