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Master the role of artificial intelligence in financial markets and effective policy responses.

The Impact of Artificial Intelligence on the Global Financial System is a three-day course designed to help financial regulators and select private practitioners understand artificial intelligence as a technology, examine its impact on financial markets, and explore how regulators can both deploy AI themselves and oversee financial firms’ use of AI.

Delivered by Hanspeter Pfister of Harvard University, Feng Zhu of Harvard Business School, Howell Jackson of Harvard Law School, and other distinguished experts from academia, markets, and the private sector, the curriculum is intentionally practical and implementation-focused, while also giving participants a strong conceptual foundation and an international comparative perspective.

In addition to the esteemed teaching team, participants will also learn from peers joining from the leading global technology companies and financial institutions, as well as members of the International Organization of Securities Commissions (IOSCO), members of the Financial Stability Board (FSB), and U.S. financial authorities.

  • PROGRAM GOALS

    This immersive program will position participants to advance their careers as regulators, supervisors, and practitioners in financial markets by helping them build a deep understanding of:

    • The Evolution and Typology of Artificial Intelligence
    • The Adoption of Artificial Intelligence Across the Global Financial System (including case studies)
    • Legal and Regulatory Frameworks Applicable to the Use of AI in Financial Markets
    • Principles for the Effective Regulation of AI in Financial Markets
    • Responsible Adoption of AI by Financial Regulators Themselves

    Upon successfully completing the course, participants earn a Certificate of Completion from the Program on International Financial Systems and Harvard Law School Executive Education.

  • CURRICULUM

    The course will feature lectures, moderated discussions, case studies, and classroom conversations on the illustrative topics below:

    • Understanding AI Technology in Practice:
      • Understanding Generative AI and Agentic AI
      • How Tech Firms Are Enabling AI Adoption in Financial Institutions
      • Examining the Limits of AI in Financial Services
    • AI Adoption at Financial Institutions:
      • AI in Lending, Credit Provision, and Banking
      • AI in Trading and Market Intermediation
      • AI in Asset Management and Investment Advisory Services
    • Regulation and Supervision in the Age of AI:
      • How Regulators Around the World Are Using AI Today
      • Implementation Challenges: Building AI Capabilities Inside Regulatory Agencies
      • How Policymakers Should Regulate the Use of AI in Financial Institutions
        • Consumer Protection, Explainability, and Accountability
  • PARTICIPANTS

    This program is designed for a global audience of public officials, regulators, supervisors, and policymakers with authority over financial markets (including the staff and leadership of government agencies, international bodies, and self-regulatory organizations). It is also open to exceptional leaders from banks, asset managers, broker-dealers, financial technology firms, law firms, and management consultants.

    We expect significant participation from U.S. regulatory agencies as well as entities that are members of the International Association of Insurance Commissions (IOSCO) and the Financial Stability Board (FSB).

    Not sure if this program is right for you? Ask us.

  • FACULTY

    Teaching Team:

    Howell Jackson, Harvard Law School

    Hanspeter Pfister, School of Engineering and Applied Sciences at Harvard University

    Feng Zhu, Harvard Business School

    Iavor Bojinov, Harvard Business School

    Lauren Cohen, Harvard Business School

    Rama Cont, University of Oxford

    Yesha Yadav, Vanderbilt Law School

    The program will also include presentations and moderated discussions by current and former government officials, leading financial institutions, and major technology providers.

  • ADMISSIONS

    The application includes two short answer questions:

    • Please describe why this in-person course is relevant to you.
    • Please describe what insights and experiences you would be able to contribute to Q&A sessions and course discussions that would benefit other participants.
  • TRAVEL AND ACCOMMODATIONS

    Participants are responsible for their own travel and accommodations.