#06AI and MiFID IIPublished
Shift.
Where does control go when AI prepares the recommendation?
In ten seconds
AI promises to speed up investment advice. According to ESMA (2024), MiFID II obligations also apply when AI is involved.
Signal
AI promises to speed up investment advice. According to ESMA (2024), MiFID II obligations also apply when AI is involved.
Paradox
AI does not remove control. It moves part of it into design.
Implication
After-the-fact control is no longer enough. Data, parameters and model limits must be validated before the first recommendation.
Sources
- ESMA (2024); MiFID II
Domains concerned
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