AI tools have a dual role in sanctions and trade compliance, offering both opportunities and risks. This session explores how AI can enhance compliance, along with a closer look at the associated limits of these new, emerging tools. Session topics will include:

• Utilising AI for effective screening of trade transactions
• Key considerations for selecting and implementing AI tools
• Ensuring human review of AI outputs for accuracy and compliance with regulatory requirements
• Understanding the regulatory framework for AI in sanctions and trade compliance, including cross-border implications
• To what extent AI enhances accuracy, efficiency and adaptability toward mitigating compliance risks