More than half of all compliance teams are “actively using” or “piloting” AI applications, according to a global report from Moody’s. While most are focusing on streamlining routine tasks, some are developing AI agents and asking vital questions about AI decision-making.

Ruth Prickett graduated from Cambridge University with a BA hons in History and has specialized in business and finance journalism for the past 20 years. She was editor of Financial Management, the magazine...