With 27 years of experience in financial services, Nasir Zubairi is a seasoned Fintech leader who established and leads The Luxembourg House of Financial Technology (LHoFT) Foundation. This not-for-profit organization serves as Luxembourg's national platform for financial services digitalisation. Nasir's career began in the front offices of major financial institutions such as ICAP, HSBC, and EBS, culminating in his role as Director of High Frequency Trading (HFT) at RBS London, where he built the premier trading desk in the FX market, fully automated through Machine Learning. In 2011, Nasir made a strategic shift to Fintech, where he has been spearheading the creation and expansion of ventures in banking, lending, and payments. Having worked across eight countries in the Americas, Europe, and Asia, Nasir brings a broad international perspective. Since moving to Luxembourg in 2016, he has taken on council roles at the British Chamber of Commerce and the British-Luxembourg Society, and has served as a Non-Executive Board Director at SEB S.A, the Scandinavian bank, and at the International School of Luxembourg (ISL). In 2022, Nasir was honoured with the "Officier de l'Ordre Mérite du Grand Duché de Luxembourg" for his contribution to the economy of Luxembourg. Nasir, an alumnus of the London School of Economics and a Sloan Fellow from the London Business School, is dedicated to fostering global financial growth and innovation. His insights have been valued as part of Christine Lagarde’s advisory council for finance and technology at the IMF, and on the Blockchain expert policy advisory board at the OECD.
Roundtable Room 2, Sands Expo & Convention Centre, Level 4
Invite-Only
There is no doubt that 2024 has been the year of AI, and as we progress towards the Slope of Enlightenment, considerations such as the responsible applications, management of risks and approaches to regulation have come to fore.
In August 2024, the controversial SB 1047 AI Safety Bill passed legislature despite resistance from technology companies and Democrats. The bill was adjusted following suggestions by Anthropic, who supported the Bill as eventually presented, stating that the bill was crucial to prevent catastrophic misuse of AI systems and that the “benefits likely outweigh its costs”.
This session considers the latest advancements on thinking on these topics, and tries to collect views on the thorniest questions – role of policymakers vs. developers vs. users in managing AI risks; focus on near- and long-term risks; the role of technology in solving these challenges; cross industry and government collaboration needed to manage these risks.
We will discuss how regulators and industry are coming together to define a new framework and technologies to combat new and emerging risks associated with AI. The role of regulators in providing a code base for industry implementation, and new practices that regulators may adopt in the face of fast-evolving technologies. The roundtable will also examine examples of collaboration in practice and share lessons that may be learned from these.
This roundtable aims to provide guidance and a standardised approach for the financial services industry to effectively apply AI and generative AI, to support global consistency and trust.
The Festival
Get Involved
Global Platforms
Copyright © 2024 Elevandi Limited and Constellar Exhibitions Ventures Pte Ltd.