Regulatory Alerts2026-04-07
AI Usage in the Dutch Asset Management Sector
The Dutch Authority for the Financial Markets (AFM) issued this analysis report based on a survey of 323 asset managers, revealing that 53% already use or plan to adopt AI, primarily for data analysis and information gathering. While the sector anticipates revenue growth and efficiency gains, it faces significant risks including algorithmic bias, data quality issues, vendor lock-in, and a lack of formal governance, with 26% having no AI usage policy and over half lacking an AI-specific ethical code. The AFM mandates that asset managers implement robust governance frameworks, ensure transparency regarding AI's role in investment decisions, and prioritize explainability, data quality, and ethical safeguards to manage the growing complexity of AI deployment.