In this RegFi episode co-hosts Jerry Buckley and Caroline Stapleton examine the evolving policy landscape governing AI in financial services. They discuss the federal government's push to avoid a patchwork of state AI laws and the extent to which existing consumer protection laws—such as ECOA, FCRA and UDAAP—can address AI-driven risks without new legislation. The conversation also highlights Treasury's newly released Financial Services AI Risk Management Framework and how public-private collaboration and nonbinding standards may shape AI governance as adoption accelerates across the industry.

Links:

• Financial Services AI Risk Management Framework
• Orrick AI Law Center
• Orrick Financial & Fintech Advisory
• RegFiPodcast.com