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…
On 7 July 2026 the Commission de Surveillance du Secteur Financier (CSSF) published a communique, “Evolving opportunities and risks in artificial intelligence and its adoption”, addressed to the entities it supervises. The CSSF AI communique responds to a specific concern: frontier AI models have the potential to shrink drastically the gap between vulnerability disclosure and…
On 9 July 2026, the Financial Stability Board put bank, financial-market-infrastructure and insurance resolution experts in the same room and told them to stop planning in parallel. The occasion was the FSB’s ReSolve event for its Cross-Border Crisis Management working groups, and the framing came from FSB Secretary General John Schindler: the financial system is…
On 8 July 2026, the Financial Stability Board’s Deputy Secretary General, Martin Moloney, told an OMFIF audience that the G20 Roadmap for Enhancing Cross-border Payments is approaching its finish line without having reached its destination. The G20 cross-border payments targets on cost, speed, transparency and access were set in 2021, and most of them fall…