The Financial Stability Board published a November 2024 assessment identifying AI-related financial sector vulnerabilities including third-party service-provider concentration, model-risk and data-quality governance, market-correlation amplification, and increased cyber and fraud risk. The FSB explicitly calls for national authorities to enhance monitoring capacity, close information gaps on AI usage in financial services, and assess whether existing regulatory frameworks are sufficient. This represents official multilateral recognition that AI adoption poses tractable but material gaps in the supervisory perimeter.
446 other tracked developments touching the same claims.