FSB publishes a report examining how authorities monitor AI adoption and related vulnerabilities in the financial sector, building on its 2024 report and outlining the next steps for oversight

The report identifies a range of direct and proxy indicators to support monitoring of AI adoption and related vulnerabilities in the financial system. The report includes a case study on recent developments in the AI supply chain and implications of financial institutions’ reliance on a few critical third-party providers. These include vulnerabilities related to criticality, concentration, and substitutability…