AI-in-Compliance: From Automation to Assurance

80% of large financial institutions use AI in core compliance functions. Fewer than 12% have a well-defined AI strategy adequate to the obligations those functions carry. This article distinguishes compliance automation from compliance assurance, identifies four specific compliance risk patterns including shadow AI and third-party model exposure, and describes the three sequenced shifts – reactive to predictive, rule-based to AI-driven, periodic to continuous – that close the gap.