Global financial watchdogs to ramp up monitoring of AI
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9 Articles
SCIENCE & TECH: Global financial watchdogs to ramp up monitoring of AI – One America News Network – U-S-NEWS.COM
By Marc JonesOctober 10, 2025 – 4:21 AM PDT REUTERS/Dado Ruvic/Illustration/File Photo LONDON (Reuters) – Global financial regulators have laid out plans for closer monitoring of artificial intelligence risks as banks and other parts of the financial industry ramp up the use of AI. Banks have been broadly optimistic that AI will make them more productive, but regulators around the world have expressed concerns about its potential impact on finan…
FSB’s AI Oversight Draws Industry Frustration as Experts Warn of “Sleepwalking into a Crisis”
The Financial Stability Board (FSB) this week released its long-awaited report on how regulators should monitor artificial intelligence in global finance — and critics say it already feels outdated. While the document maps AI adoption and proposes new “monitoring indicators” for vulnerabilities like third-party dependencies and cyber risks, industry leaders argue that its approach leans too heavily on surveys, paperwork, and voluntary data colle…
FSB and BIS Warn Financial Authorities About Potential Risks of AI
Financial authorities should monitor the effects of the use of artificial intelligence, the Financial Stability Board and the Bank for International Settlements said in separate reports released Friday (Oct. 10). The FSB found in its report that financial institutions may grow too dependent on too few third-party service providers that help develop and deploy generative AI applications. Gen AI is provided by a small number of suppliers…
FSB issues fourth AI report
On 10 October 2025, the Financial Stability Board (FSB) issued a report that examines how financial authorities can monitor artificial intelligence (AI) adoption and assess related vulnerabilities. The report builds on the FSB’s 2024 report and incorporates findings from a member survey on AI monitoring approaches, interviews with member authorities, publicly available information and stakeholder outreach. In particular, building on the 2024 rep…
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