AI Innovation Needs Stronger Governance Not More Regulation

In this onsite interview from Risk Americas, Sabeena Ahmed Liconte explains why financial institutions should focus on integrating AI into existing governance and control frameworks rather than creating entirely new structures. She discusses how organizations can leverage established model risk, privacy, compliance, and third-party risk processes to safely support emerging technologies while remaining flexible as regulation evolves.

Ahmed Liconte also explores the broader challenge of balancing innovation with national security and regulatory expectations. She highlights the differing approaches taken by the US and EU toward AI regulation, the importance of managing third-party technology providers, and why conferences like Risk Americas provide valuable opportunities for firms and regulators to exchange ideas and shape future best practices.