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For Financial Institutions

AI Statement and Disclaimer

Effective date: 02/10/2025

Our approach to AI
In accordance with current best practices and the upcoming Artificial Intelligence Act (“AI Act”), we have taken the following steps:Risk assessment – We have assessed the risks associated with using Ask Silver and classified it as limited risk, as it provides advisory information but does not make binding decisions about users.

Transparency – Our policies, this statement, and the use of AI within Ask Silver are clearly explained on our website and at the point of use.

Ethical design – Ask Silver has been built on principles of fairness, accountability, and user empowerment, avoiding manipulative or coercive outputs.

Accountability – Responsibility for the use of AI within Ask Silver rests with our CEO, supported by our leadership team and external advisors.

Continuous development – We maintain and update Ask Silver to reflect new scam patterns, regulatory expectations, and user feedback, and we only integrate providers and models where safeguards are in place.

Governance – We have formal oversight processes covering AI use, including documented policies, review of providers, prompt and model change controls, and escalation procedures for risks or incidents.

Disclaimer
As part of the services, you may have access to AI-generated content and information. Any information about and generated by AI is provided strictly on an “as is” basis.We do not make any warranties, express or implied, as to the qualifications, quality, suitability, completeness, or correctness of any AI-generated content and information.

AI-generated content is provided for general information purposes only and is not intended to constitute or substitute financial, legal, or other professional advice.

You are encouraged to confirm any information obtained from or through Ask Silver with other sources and review all information carefully.

Please do not disregard or delay seeking professional advice because of something you have read in Ask Silver or its AI-generated outputs.

We make no representations about the suitability, reliability, timeliness, comprehensiveness, or accuracy of AI-generated content and information.

We cannot guarantee that AI-generated content will always be correct, complete, fault-free, or error-free.

To the full extent permitted by law, we disclaim all warranties, express or implied, relating to Ask Silver and the AI-generated content and information, including implied warranties of merchantability and fitness for a particular purpose.

Help and complaints
If you have any questions about this statement, please contact us by email at hello@ask-silver.com or write to us at: Ask Silver Limited, 1 Mentmore Terrace, The Fisheries, London, E8 3PN

Changes
This statement was first issued on 23/08/24 and last updated on 02/10/2025. Any prior versions are invalid. If we make changes, we will revise the effective date above.