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deep tech PYMNTS.com August 31, 2026

FSB Warns Frontier AI Could Threaten Global Financial Stability

FSB Warns Frontier AI Could Threaten Global Financial Stability
AI Summary

The head of the Financial Stability Board is urging global regulators to make the safe release of advanced artificial intelligence models a priority, warning that increasingly autonomous systems could exploit cyber weaknesses and transmit disruptions across the international financial system. Andrew Bailey , who chairs the FSB and serves as governor of the Bank of England, issued the warning Monday in a letter to G20 finance ministers and central bank governors gathering in Asheville, North Caro

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