The Reserve Bank of India (RBI) has thrown open the conversation on how artificial intelligence should shape the future of Indian finance and, importantly, how it shouldn’t.
In the latest piece from Norman Marks, the veteran governance, risk, and audit thought leader takes a bold leap into the near future, imagining how AI could fundamentally reshape decision-making, risk management, and the role of internal audit. Through a vivid crystal-ball scenario, Marks explores what happens when AI becomes a trusted partner for executives, operations, and assurance functions alike.
The European Insurance and Occupational Pensions Authority (EIOPA) has published a sweeping Opinion on the governance and risk management of artificial intelligence (AI) systems in the insurance sector, offering fresh clarity to national supervisors navigating the intersection of sectoral regulation and the EU AI Act.
The future of GRC is not simply digital, it’s decisively autonomous. It’s not just about processing power or clever dashboards. It’s about cognitive capability woven into the operational fabric of the organization—fluid, contextual, and self-directed. It’s orchestrated intelligence with agency.
In this article, Norman Marks breaks down the double-edged nature of AI adoption in corporate legal departments, highlighting both the remarkable opportunities for productivity and the underappreciated risks that could undermine sound judgment, legal integrity, and even corporate stability. Drawing on recent industry surveys and personal observations, Marks makes a compelling case for why risk and audit professionals must step up and get involved.
Across boardrooms and back offices, the promise of AI is animating strategy sessions and shaping budgets. Everyone wants in on the productivity gains, the streamlined operations, the predictive insights. But behind the excitement lies a quietly growing tension: how do you govern a technology that can improvise, evolve, and sometimes go off-script?
If you’ve been feeling like everyone’s talking about AI but few are truly doing something transformative with it, you're not alone. But a new study from AuditBoard and Panterra Research shows that the most advanced organizations aren’t just dabbling in AI for governance, risk, and compliance (GRC). They’re scaling the mountain, and leaving others at base camp.