Writing for Reuters, attorney Ola M. Tucker emphasizes that financial institutions must prioritize plain-language compliance writing and responsible use of artificial intelligence (AI) to reduce regulatory risk. Effective compliance programs require clear, actionable documentation that employees can understand and implement – especially under increasing regulatory scrutiny. Recent enforcement actions, such as the $1.3bn fine against TD Bank, highlight the cost of unclear policies and poorly implemented controls. While AI can aid in drafting compliance documents, regulators stress that legal accountability remains with the institution. AI tools must be used under strict governance, including legal oversight and operational testing, to avoid inaccuracies or noncompliance. Ultimately, institutions are advised to treat compliance writing as a critical operational control – using AI to support, not replace, professional judgment.
