FSB Says Banks Need to Have Company-Wide AI Regulation
By PYMNTS
Source excerpt · PYMNTS
A global financial watchdog is calling on banks to increase their oversight of agentic AI. The Financial Stability Board (FSB) made that call in a report published Thursday (Oct. 15) outlining proper practices for adopting artificial intelligence (AI). “As adoption expands in scale and sophistication, AI may also amplify existing risks and introduce new ones, with implications for financial […] Th…