The potential impact of frontier AI on cyber risk is the most immediate concern to the financial system, says FSB Chair, Andrew Bailey.
Financial Innovation
In his letter to G20 Finance Ministers and Central Bank Governors, Andrew Bailey, warns that markets remain vulnerable to a potential disorderly correction and cautions on the risks posed by frontier AI models.
6 August 2026
Consultation responses to ‘Sound Practices for Responsible Adoption of Artificial Intelligence (AI): Consultation report‘.
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