ISITC TALKTIME: Predictive regulation, AI safety, and the future of UK finance
TalkTime Podcast: Predictive regulation, AI safety, and the future of UK finance
How do you innovate with AI in financial services without stepping on a regulatory landmine? In this punchy, insight-packed conversation, ISITC Europe’s Gary Wright sits down with Bob Morel, founder and CEO of AIRTA Systems, to discuss predictive regulation, AI safety and the future of UK finance ”, in light of the emerging UK Artificial Intelligence Bill.
Morrell explains how the UK is moving from a patchwork of rules to a more coordinated framework that still protects its innovation-first stance. While the EU AI Act grabs headlines, the UK is quietly leveraging OECD principles, GDPR, the Online Safety Act, and the Data Use and Access Act to build what Morrell calls “a very strong, safe, safe foundation” for AI deployment in real-world systems.
For capital markets and wider financial services, the discussion goes straight to the heart of the challenge: legacy technology, siloed data, and a culture shaped by strict accountability under SMCR. Senior managers are under pressure—“if something goes wrong, it’s on their head”—yet are now being encouraged by the FCA and ICO to pursue AI innovation with clearer guidance and shared responsibility.
The episode also looks ahead to where regulation is heading next: away from just large language models and into the messy, practical world of AI integration inside complex applications and workflows. Morrell highlights how global moves—from Ireland’s new AI office to the US NIST-based AI risk frameworks—are accelerating expectations for governance, assurance, and evidence-based controls.
The conversation closes on cybersecurity, framed as a core OECD principle of “robustness, security, and safety,” and a non‑negotiable pillar of any serious AI strategy.
If you’re in financial services, risk, compliance, or technology leadership, this is essential listening for understanding where UK AI regulation is really going—and how to stay ahead of it.
Viewing time: 22 mins
Bob Morel is an AI security and Cybersecurity SME available for consultancy roles. Bob is the CEO of AIRTA Systems, an AI Risk Management platform designed to facilitate market access for AI-driven applications, and Co-Founder of Genbounty.
With a robust background in thought leadership, Bob previously served as the Head of Application Security at Centrica and the Application Security Lead for a cryptocurrency exchange. He is an active contributor to the cybersecurity community as an author for Infosec, creating learning paths on topics such as Breaking LLMs and AI-driven Applications, and the ChatGPT for offensive security. His expertise is supported by a B.Sc. in Computer Science, and industry certifications including the (ISC)² CISSP, CompTIA Security+, and SecAI+.
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