AI for Legal, Finance & Operations · Lesson 2
Regulation and compliance
How to use AI to break down new regulations and get the company ready for them.
Scenarios
- A new law / regulation in your industry (e.g. the EU AI Act).
- A regulator's guideline you need to adapt your processes to.
- Local requirements when entering a new market.
Workflow
- AI: "what the document is about, who it affects, the key requirements".
- AI: deadlines and transitional provisions.
- AI: penalties.
- AI: a list of company actions for the first 30/60/90 days.
- AI: a list of clear ambiguities for the lawyers.
- The lawyer: the final opinion.
- Ops: the rollout plan and the DRI.
What matters
- Regulation is an area where a "confident but false" AI answer carries a high price.
- Always work from the official text, never a paraphrase.
- Cite article numbers in the answer.
The trick
For ongoing work, use a Perplexity Space or a Claude Project loaded with the reference regulatory documents. Update it as amendments come out.
Practical exercise
What to do after this lesson
Take a recent regulatory document from your field. Run it through the template. Compare with what the lawyer says.
Task grader
Take a recent regulatory document from your field. Run it through the template. Compare with what the lawyer says.
Ready-to-use prompt
Template for this lesson
Copy and adapt to your context. Text in angle brackets should be replaced.
(Use research-regulatory-summary from the library) Regulation: <…> Company: <…> Geography: <…> Additionally: 1. A 30/60/90 action plan. 2. A list of questions for the lawyers, with citations. 3. A compliance checklist.
Prompt sandbox
Common mistakes
What people get wrong
- Trusting AI without a lawyer.
- Not citing the law's articles.
- Not tracking amendments.
Pro tips
What works but no one documents
- Citation + article number is a must.
- A regular re-check of important regulations.
- Bring a lawyer into the final opinion — always.
When to use
Ongoing work with regulation.
When not to use
A final legal opinion without a lawyer.
Quiz — 2 questions
1.What is mandatory in an AI answer on regulation?
2.Who makes the final legal decision?
Answered: 0 of 2
Discussion
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