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FSB AI guidelines call for responsible financial innovations

Bank of England Governor Andrew Bailey listens during the Monetary Policy Report Press Conference at the Bank of England
Bank of England Governor Andrew Bailey. Photo: Kirsty Wigglesworth – WPA Pool/Getty Images

Carmen Cracknell

2 min read

Key concerns include volatility in sovereign bond markets, vulnerabilities in private credit markets, and AI-associated risk.

FSB chair Andrew Bailey has called for continued vigilance in confronting the myriad risks to the global financial system in a letter addressed to G20 ministers, who met this week in Miami.

Bailey highlighted heightened volatility in sovereign bond markets, noting that structural changes in the investor base increase the

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