Summary
FINMA: The use of AI by banking regulators is rapidly evolving as financial systems become more complex. Regulators leverage AI to enhance oversight, detect risks, and ensure compliance with laws and regulations. FINMA’s established rating system automates risk assessment, empowering supervisors to allocate resources effectively. Now, FINMA is embracing artificial intelligence and alternative data, opening doors to exciting possibilities. Join us as we explore the future of banking supervision
OBERSON ABELS SA: The implementation of AI in the private banking sector comes with certain risks and challenges and triggers a need to take into account including technological, operational, regulatory, and ethical considerations. In this event, we shall discuss the current legal and regulatory risks and challenges, as well as avenues to mitigate these risks.
In this event you will learn:
- What does data-based supervision actually mean?
- What role do AI and alternative data play in banking supervision?
- What are the main regulatory and legal challenges and risks for banks?
- What are the risks from a data protection and security perspective which need to be considered and mitigated?
Presenters
- Philippe Brügger, Head of Data and Analysis Center Banks, FINMA
Philippe Brügger holds a master’s degree in physics from the Universities of Bern and Glasgow. He has worked in the banking industry for more than ten years, in the areas of risk management and treasury. For the last 15 years he has been working in the banking division of the Swiss Financial Market Supervisory Authority FINMA, where he is head of the data and analytics unit and of FINMA’s Data Innovation Lab. - Philipp Fischer, Partner at OBERSON ABELS SA.
Philipp graduated from the University of Geneva in 2004. He was admitted to the Geneva Bar in 2007. In 2009, he earned a LL.M. at Harvard Law School. After having worked in major law firms in New York, Zurich and Geneva (2010 – 2016), he co-founded the law firm OBERSON ABELS Ltd in 2016. Philipp has been advising financial institutions (in particular banks, securities houses, insurance companies, collective investment schemes, trustees and independent asset managers) on Swiss banking, financial and data protection regulations for over 15 years. Philipp is a member of the Executive Committee of the CAS Digital Finance Law (University of Geneva). He is a member of the Continued Legal Education Commission of the Geneva Bar Association and of the Geneva Bar Exam Commission. He also serves on the board of the Harvard Law School Association of Europe.
Moderated by TBA.
Agenda
17:30 Doors open – Name Tag Collection
18:00 Introduction of moderator and panelists (Jean-Pierre Colombara/Moderator TBA)
18:05 Presentation (Philippe Brügger)
18:30 Presentation (Philipp Fischer)
18:55 Questions & Answers ​(Q&A) – Moderator and all
19:15 Networking Drinks
20:15 End
Chapter Event
This Chapter Event is available to members and free. We will be presenting one or more speakers to share their knowledge, updates and best practices on a specific risk topic. Within the small groups of risk professionals you can exchange thoughts and test ideas. This event is hosted by chapter Romandie.
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Use of AI by FINMA to supervise Banks and Challenges for Bank to implement AI
21. May 2025
18:00 - 20:15