#47: The EU Digital Fairness Act is coming, and every financial services provider should follow it
Edition #47 · 28 September 2026 The EU Digital Fairness Act is coming, and every financial services provider should follow it State of the Union: banking...
#46: Why every financial services provider should follow Savings and Investment Accounts closely
Edition #46 · 13 September 2026 Why every financial services provider should follow Savings and Investment Accounts closely Savings and Investment Accounts:...
#45: Should ChatGPT be regulated as an insurance distributor?
Edition #45 · 7 September 2026 Should ChatGPT be regulated as an insurance distributor? ChatGPT as insurance distributor · Decision-grade data on open...
#44: Seven AI tools, one household, seven different answers on money.
Edition #44 · 31 August 2026 Seven AI tools, one household, seven different answers on money AI advice divergence · Revolut’s PRAGMA · ACPR on algorithmic...
#43: Agentic advice is arriving before the advice rulebook.
Edition #43 · 26 July 2026 Agentic advice is arriving before the advice rulebook The UK’s AI adoption plan · OECD on AI and personal finance · AFM on...
#42: The FCA and MAS just wrote the first rules for agentic finance. Who supervises the agent?
Edition #42 · 20 July 2026 The FCA and MAS just wrote the first rules for agentic finance Agentic finance · Tech sovereignty · Frontier AI and cyber risk ·...
#41: The Commission just drew the high-risk AI line for insurers
Edition #41 · 8 June 2026 The Commission just drew the high-risk AI line for insurers AI Act high-risk guidelines for insurers · Estonia publishes its...
#40: OpenAI just made the case for FIDA. Is the EU listening?
Edition #40 · 17 May 2026 OpenAI just made the case for FIDA. Is the EU listening? Cambridge CCAF Global AI Report · AI Act 2027 deadline · OpenAI x Plaid ·...
#39: Revolut’s foundation model has an “insurance state.” Most insurers should pay attention.
Revolut's foundation model · AI Act and insurance · Satellite data · Cyber resilience · Open finance
The Financial Companion You Don't Have Yet
Why the future of financial services needs a sherpa, not a product catalogue Most people think a sherpa is a guide who takes you to the top of the mountain....
#38: EIOPA flags AI gaps in insurance distribution. Is the IDD keeping up?
There is quite a lot happening in financial innovation and regulation right now. From my side, I have recently spent a good amount of time catching up on the...
EIOPA's Third IDD Report: What It Tells Us About Digital Distribution and AI
EIOPA just published its Third Report on the application of the Insurance Distribution Directive (IDD). It covers a lot of ground: market structure, cross-...
Stablecoins Meet Insurance: Aon's Proof of Concept
Insurance moves $7 trillion in premiums globally. Most of it still settles through correspondent banking chains built decades ago. Aon just tested something...
#37: Is ChatGPT an insurance distributor under EU law? The question went to the Commission.
A few personal updates before we get into this week's analysis. Since the last edition, I launched andreslehtmets.com, bringing together everything I do in...
£43 Billion: What the UK's Open Banking Numbers Mean for the Open Finance Debate
New analysis commissioned by Open Banking Limited (OBL) and completed by EY puts a number on what many of us have suspected: open banking is not just a...
Reframing Risk: What Vanguard's Research Means for the Savings and Investment Union
Vanguard just proved that the way we warn investors about risk is making them too afraid to invest. In a study of 2,220 people, they rewrote the standard...
Estonia Is Making AI Feasibility Assessment Mandatory in Its Legislative Process
Estonia has proposed an amendment to its Good Legislative Practice and Legislative Drafting Rules (HÕNTE), the framework governing how the government...
Is ChatGPT an Insurance Distributor in the EU?
EIOPA Q&A 3407 asks the European Commission whether AI chatbots fall under the Insurance Distribution Directive (IDD). The answer could reshape how we think...
Insurance company Nippon Life just sued OpenAI for $10.3 million
A disability claimant uploaded correspondence from her lawyer into ChatGPT. The AI validated her concerns about the legal advice she'd been given. She fired...
The Financial Sherpa: Why the Future of Finance Is Not a Product
I have been thinking about Sherpas lately. Not metaphorically. Actually reading about what they do. Most people think a Sherpa is a guide who takes you up...
