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On 14 May 2025, the ABBL, in collaboration with CMS Luxembourg, hosted a strategic morning conference on AI Internal Governance in the Financial Sector. The event brought together legal, compliance and technology professionals to explore the practical implications of the EU AI Act on internal governance structures within financial institutions.
A legal deep dive into the AI Act
After introductory remarks from the ABBL, Aurélia Viémont and Milan Dans of CMS Luxembourg offered a detailed legal overview of the AI Act, outlining its key objectives:
- Harmonising rules for AI systems across the EU
- Safeguarding fundamental rights
- Supporting innovation
They emphasised the Act’s risk-based...
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