Michael Bailey speaking in Bonn

About

I am an experienced (Austrian) German to (British) English translator specialising in financial market supervision law. For over 25 years, I have worked within the Austrian public and private sectors. Since 2014, I have been the Austrian Financial Market Authority’s only in-house translator, and my work has included translation of all aspects of banking supervision and resolution – from the cradle (authorisation/licensing) to the grave (orderly wind-down in resolution) of supervised entities.

I have translated a wide variety of primary and secondary Austrian legislation, soft law instruments, as well as web content and financial literacy information. I am LangTech savvy, pre-dominantly as a power user of Trados and MultiTerm (since 2004) but remain a strong advocate of the preservation of human translators and interpreters, to the extent of pushing for an Expert in the Lead (XITL) approach from the side of the translation profession, rather than the industry’s preference towards MITL or HITL solutions. I presented about my XITL approach at FIT XXIII (the International Federation of Translation’s 23rd World Congress, held in Geneva in September 2025). I speak regularly at national, international and global conferences in a private capacity.

I’ve also taken a numerous data science and AI courses – and am receptive to the use of AI for increasing productivity, by delegating the grunt work to it. In 2022-23 I took several Python courses, although stopped pursuing these once GenAI started to perform similar operations. I completed a number of courses in Coursera as part of the Single Supervisory Mechanism Data Science School initiative.

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