Your Firm Is Accountable for AI It May Not Know Is Running

AI is embedded in every platform your advisers use. Portfolio construction. Risk profiling. Client suitability. The governance infrastructure to demonstrate oversight of those systems does not exist at most firms.

In the Republic of Ireland, the Individual Accountability Framework and SEAR place personal accountability on named Persons in Charge. The EU AI Act applies directly to Irish regulated firms. Risk classification, conformity assessment and documented oversight are current obligations, not future ones.

In the United Kingdom, SM&CR places personal accountability on named Senior Managers. Consumer Duty requires firms to evidence that AI supports client outcomes. Intention is not enough.

In both jurisdictions, your platform providers cannot provide governance on your behalf. That sits with you.

The accountability gap is structural. And it is widening.