FSB Consults on Sound AI Practices for Financial Firms

FSB consults on sound AI practices for financial firms

The proposals could shape how banks and insurers manage cyber and operational risks as AI adoption accelerates across the sector.

New FSB framework targets AI risks in financial sector

The FSB has published 12 AI sound practices for financial institutions. Discover what they mean for governance and risk management.

FSB sets AI guidelines for global financial institutions

The Financial Stability Board (FSB), the international body that monitors and makes recommendations about the global financial system, has published a consultation report outlining 12 sound practices for the responsible adoption of artificial intelligence by financial institutions. The report covers three broad areas: organisation-wide AI governance spanning practices one to four; the management and mitigation of AI risks across the various stag…

FSB consults on sound practices for responsible adoption of AI

On 10 June 2026, the Financial Stability Board (FSB) published a consultation report on sound practices for responsible adoption of artificial intelligence (AI).In the consultation report the FSB identifies certain sound practices to help all types of financial institutions navigate the benefits and risks as they adopt AI. The 12 sound practices cover organisation-wide governance as well as management of different stages of AI development and de…