Forecast 2026: The Next Phase of Surveillance Governance, Operating Models, and AI Enablement
A central theme throughout the Network was the increasing formalisation of surveillance model governance. Participants reflected on how regulatory expectations had evolved, particularly as supervisory focus on MRM had expanded beyond front-office pricing and credit models into conduct and market abuse controls. This shift had forced firms to reconsider how they define, classify, validate, and document surveillance tools.
