EU AI Act

  • FSB AI Sound Practices Final Report: A Governance Gap Analysis

    On 15 October 2026 the Financial Stability Board (FSB) published the final report on its FSB AI sound practices: twelve practices for the responsible adoption of artificial intelligence by financial institutions, released alongside an overview of the roughly 160 responses to the June consultation. Its operative request goes to boards and senior management, which the…

  • FSB AI Sound Practices: Consultation Closes, Final Report Next

    On 6 August 2026 the Financial Stability Board published the public responses to its consultation on Sound Practices for Responsible Adoption of Artificial Intelligence (AI). The FSB AI sound practices were put out for comment on 10 June 2026, the comment window closed on 22 July 2026, and the FSB now says it expects to…

  • BaFin AI Market Surveillance: New Powers Over Financial-Sector AI

    Since 29 July 2026, BaFin has had an additional market-surveillance mandate for AI systems placed on the market, put into service or used by entities listed in section 2(3) KI-MIG where the system is directly connected with a regulated financial activity. This mandate sits alongside existing prudential and conduct supervision. BaFin may exercise the market-surveillance…