AI Regulation in the US - A Guide for Compliance Officers

 

 

As AI rapidly transforms financial crime compliance, US regulations are evolving at federal and state levels, creating a complex landscape for compliance officers. 

This guide breaks down key initiatives like the White House Blueprint, NIST AI RMF, and state-level privacy laws impacting automated systems and data usage.

Learn how FinCEN and OFAC view AI in BSA/AML/sanctions, understand the implications for your program, and discover best practices for responsible and effective AI deployment.

Key topics covered:

1. Evolution of the federal AI legal and regulatory landscape (White House, Congress, NIST AI RMF).
2. Overview of state-level AI legislation (focus on data privacy, bias, automated decision systems).
3. Specific BSA/AML and sanctions compliance guidance on AI use (FinCEN & OFAC perspectives).
4. Actionable steps and best practices for deploying AI-based applications responsibly in BSA/AML compliance.