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FSB names four AI vulnerabilities that could raise systemic financial risk

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Source: Financial Stability Board

The Financial Stability Board published a report on the financial stability implications of AI on 14 November 2024. It names four vulnerabilities: concentration in third-party providers, market correlations, cyber risk, and model risk, data quality and governance. It adds that generative AI raises fraud and disinformation risk, and asks national authorities to enhance monitoring of AI use, where data is limited, check whether their frameworks are adequate and strengthen supervisory capacity.

Why it matters

G20 financial authorities received the FSB’s list of AI vulnerabilities to monitor, starting with concentration in third-party providers.

When
14 Nov 2024
ID
WTA-N-2024-0141
Who
Financial Stability Board

Summary by wheresthe.ai, from Financial Stability Board. Checked against the source on 9 Oct 2026.

Read the original at Financial Stability Board

Source copy: download the page as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Next stop on this Storyline: What happened nextFSB says AI monitoring in finance is immature, flags supplier concentration

Cite this story

WTA-N-2024-0141: “FSB names four AI vulnerabilities that could raise systemic financial risk.” wheresthe.ai, 14 Nov 2024. https://wheresthe.ai/d/intl-fsb-ai-financial-stability-report-2024-11/ (source: Financial Stability Board).

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