Banking watchdogs ramp up AI scrutiny as stability fears mount, sources say
Banking watchdogs ramp up AI scrutiny as stability fears mount, sources say
Via mint

* US regulators ask about agentic AI safeguards, people say* Concerns grow among supervisors after spate of recent incidents* Europeans urge banks to examine recovery plans, people sayBy Nupur Anand, Phoebe Seers and Tommy Reggiori WilkesNEW YORK/LONDON, Oct 13 (Reuters) - Banking regulators are stepping up efforts to contain growing AI risks, six people familiar with the matter said, with some pointing to the potential for cyberattacks on banks or rogue agents undermining global financial stability.The regulatory scrutiny, fresh details…
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