Artificial intelligence is transforming how we work in financial services, offering unprecedented opportunities for efficiency and innovation. However, with this power comes significant responsibility to protect personal data and ensure compliance with evolving regulations. This course provides you with a comprehensive understanding of the UK regulatory landscape for AI and data protection, the ethical considerations that go beyond legal compliance, and your personal responsibilities when using AI tools. Whether you're using AI for customer interactions, risk assessment, or operational processes, you'll learn how to navigate the complex intersection of innovation and regulation whilst safeguarding the interests of your customers and your organisation.
This course is suitable for all audiences.
By the end of this course, you will be able to:
-explain how UK GDPR, the Data Protection Act 2018, and FCA expectations apply to AI use in financial services
-identify the ethical principles that should guide AI decision
-making in your organisation-assess whether an AI tool is appropriate and compliant for a specific business purpose
-recognise high-risk AI processing that requires a Data Protection Impact Assessment
-apply best practices for protecting personal data when working with AI systems.
