Working Group on AI and Compliance
The AI Working Group brings together professionals passionate about exploring the transformative impact of artificial intelligence on compliance. The group focuses on enhancing knowledge, applying AI-driven solutions in compliance, and contributing to research. Through collaborative discussions, practical sessions, and thought leadership, members will shape the future of compliance in the era of AI. Open to all ECS members, the group aims to foster innovation, address emerging risks, and strengthen ethical practices.
Launch of the AI Working Group – 29 November 2024
The launch of the AI Working Group marks an exciting new chapter for Ethics and Compliance Switzerland (ECS). This initiative emerged from the strong interest shown by members during the October ECS event, where several experts from different disciplines and industries expressed a desire to dive deeper into how artificial intelligence is reshaping compliance functions. Recognising this enthusiasm, we’ve created a dedicated space for professionals to collaborate, learn, and innovate together as we navigate the evolving landscape of AI and its impact on our field.
At the heart of this group are three core pillars of focus:
- preparing compliance functions for the AI era,
- embedding AI into compliance processes, and
- fostering research and collaboration with academic institutions
These areas reflect both the immediate needs and the long-term opportunities identified in the survey results, which highlighted challenges such as limited awareness, difficulty identifying use cases, and the need for clear governance frameworks. By addressing these challenges head-on and exploring practical solutions, we aim to empower compliance professionals to lead the way in this transformative period.
The kick-off session in November 2024 laid the foundation for an exciting journey ahead. We started by reviewing the survey results from our work-stream members, which offered valuable insights into the priorities and challenges faced by compliance professionals in relation to AI. We opened the floor to participants to share their perspectives, challenges, and expectations, ensuring that the group’s direction reflects the needs and ideas of its members. Together, we’ve started to build a roadmap that will guide us in addressing key issues, sharing best practices, and shaping the role of compliance in the AI-driven future.
As we move forward, this working group will serve as a platform for continuous collaboration, exploration, and growth. We already created a shared drive to allow the exchange of information and best practices among members of the Working Group. Through regular meetings, workshops, and in-depth discussions, we will tackle the challenges identified, while creating practical resources and thought leadership to support compliance professionals across industries. We believe that, together, we can navigate the opportunities and risks of AI and help define its role in building a stronger, more effective compliance landscape.
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