FSB Urges Human Oversight of AI in Finance, Warns of AI-Driven Cyberattacks

The Financial Stability Board (FSB) has issued a warning to banks and insurers, urging them to maintain human oversight over AI systems to mitigate risks of AI-enabled financial cyberattacks. The advisory reflects growing regulatory concern over AI's role in financial stability, though specific attack vectors or incidents are not detailed. This signals a proactive regulatory stance that could influence future compliance requirements for financial institutions.