EBA, EIOPA and ESMA call for enhanced governance and consistent supervision to mitigate ...
... calling for a cross-sectoral, risk -based and consistent supervisory approach to mitigate the ICT risks stemming from frontier AI models.
Covers: Banking & FinanceChina & GeopoliticsGovernance & Risk ManagementCybersecurityRegulation & Policy
... calling for a cross-sectoral, risk -based and consistent supervisory approach to mitigate the ICT risks stemming from frontier AI models.
The rapid development of increasingly capable (frontier) AI models may further amplify operational and cyber risks , including through new attack ...
This Risk Assessment Report (RAR) was prepared by the Economic and Risk Analysis Department[1]. The report has benefited from input and comments ...
Financial institutions struggle to keep pace with these sophisticated threats , highlighting the need for responsible AI use and robust monitoring.
Regulation & PolicyGovernance & Risk ManagementBanking & Finance
... risks and the evolving role of artificial intelligence ( AI ). Ensuring resilience in the face of these developments is crucial. The ESAs, therefore ...