FSB Warns Frontier AI Could Threaten Global Financial Stability
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