A global financial watchdog has urged banks and other financial institutions to strengthen human oversight as artificial intelligence systems become more capable of making decisions and carrying out tasks independently. The Financial Stability Board (FSB) published its final guidance on responsible AI adoption on October 15, 2026, highlighting the need for effective governance, risk management and accountability. The recommendations come as financial institutions explore ways to use advanced AI to improve efficiency, analyse information and automate routine work. However, the growing independence of these systems has raised concerns about cybersecurity,…
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