Explainability expectations reflect regulatory intensity and consumer protection exposure. Sectors with fiduciary obligations require stronger transparency.
Relative Strictness
| Sector | Explainability Demand |
|---|---|
| Wealth | Very High |
| Insurance | High |
| Banking | Moderate–High |
| Fintech | Variable |
Higher consumer risk implies stronger justification requirements for automated decisions.
References: – European Commission, AI Act Proposal – OECD, Principles on Artificial Intelligence