Impact of AI on Economy, Finance and Supervision 13-14 November

Seminaarit

Bank of Finland and Finnish Financial Supervisory Authority are pleased to announce an upcoming seminar focused on a critical and timely topic:

The Impact of AI on Economy, Finance and Supervision

This seminar will bring together central bankers, financial supervisory authorities, as well as industry experts to explore the transformative effects of artificial intelligence on the economy and financial sector and to discuss its practical implications for financial supervision.

You are welcome to watch the live stream of the seminar:  https://live.mediaserver.fi/bof/group/impact-of-ai  

Programme and speakers

Times in Finnish local time (EET, UTC +2)

Wednesday 13 November

8:45-9:15 Registration and coffee 

9:15-9:30 Opening remarks, Marja Nykänen, Deputy Governor, Bank of Finland

Session 1 AI in economy

9:30-10:15 Keynote speech: Economic Policy Challenges for the Age of AI, Anton Korinek, Professor of Economics, University of Virginia and Visiting Scholar, Bank of Finland and CSH Vienna, Presentation slides

10:15-11:00 AI: current state and opportunities in Finnish companies, Iida Lähdemäki, COO, AI Finland, Technology Industries of Finland, Presentation slides

11:00-11:30 Coffee break

Session 2 AI in finance

11:30-12:15 AI-based Methods for Surveillance and Risk Management in Financial Markets, Juho Kanniainen, Professor, Tampere University / Group of Financial Computing and Data Analytics, Presentation slides

12:15-13:00 Generative AI in Asset Management: Practical Examples, Mattias Lagerspetz, Portfolio Manager, Systemic Strategies, Evli, Presentation slides

13:00-14:15 Lunch 

14:15-15:00 Regulatory approaches to Artificial Intelligence in Finance, Iota Kaousar Nassr, Senior Policy Analyst, Financial Markets, OECD Directorate for Financial and Enterprise Affairs, OECD, Presentation slides

15:00-15:45 EC presentation on 1st global horizontal acquis on AI, Ana-Maria Fimin, Policy and Legal Officer, European Commission, Presentation slides

15:45-16:30 Banking Regulator & AI, Meri Rimmanen, Director of Data analysis, Reporting and Transparency, European Banking Authority, Presentation slides

Thursday 14 November 

8:30-9:00 Registration and coffee 

9:00-9:40 AI and collaborative approaches to protect financial stability and integrity, Beju Shah, Head of Innovation Hub, Nordic Centre - Bank for International Settlements (BIS)

Session 3: AI in supervision

9:40-10:05 AI development at the FIN-FSA, Tuomas Ritola, Chief Specialist, FIN-FSA, Presentation slides

10:05-10:30 A view on SupTech at the FSMA, Marjan Wauters, Coordinator of the data analytics department, FSMA

10:30-11:00 Coffee break

11:00-11:25 Data science initiatives at the Dutch Central Bank, Tim Haarman, Data Scientist, De Nederlandsche Bank

11:25-11:50 The use of AI technology for banking supervision, Guido Vero, Team Lead, ECB, Presentation slides

11:50-12:45 Panel discussion: Future impact of AI on financial supervision

Chair: Jyri Helenius, Deputy Director General, FIN-FSA

Panellists:

  • Tim Haarman, Data Scientist, De Nederlandsche Bank
  • Guido Vero, Team Lead, ECB
  • Tuomas Ritola, Chief Specialist, FIN-FSA                       

12:45-13:00 Closing remarks, Katja Taipalus, Head of Financial Stability and Statistics Department, Bank of Finland 

13:00-14:00 Lunch and end of seminar

This programme may be subject to change without notice.

The confence is invitation-only.

For questions related to the conference, please contact Event Coordinators at fs.events@bof.fi