Confidential AI Governance Scorecard
Irish Wealth Management Firms
Irish wealth management firms face unique AI governance challenges. With fast approaching regulatory deadlines under the EU AI Act and heightened Central Bank of Ireland expectations for individual accountability under IAF and SEAR, demonstrating robust governance over AI driven platforms is a critical priority.
This interactive scorecard provides a confidential, high level assessment of your firm's position. Answer the 25 questions below to generate your preliminary score.
Why this matters now (February 2026)
The Central Bank of Ireland has the power to take direct enforcement action against individuals (PCFs) under the Individual Accountability Framework if they cannot prove they took reasonable steps to manage AI governance risks. This shifts accountability from firm level to personal level liability. Additionally, the AI Office (EU level) is now actively monitoring compliance for General Purpose AI (GPAI) models.
Assessment Preview
The full assessment contains 25 questions across 6 sections
Sample Question: Complete AI System Inventory
Have you created and maintain a complete, current inventory of all AI systems used across your wealth management operations?
Sample Question: Board and Independent NED Oversight
Since the extension of SEAR to Non Executive Directors (NEDs) on 1 July 2025, can your Board and specifically the Chair of the Risk Committee demonstrate effective oversight and challenge of AI strategy as part of their inherent responsibilities?
Important Notice
This assessment provides a preliminary indication of your AI governance position. For a comprehensive evaluation and tailored recommendations, we recommend booking a discovery call with our team.
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