the Cambridge Centre for Alternative Finance
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Global watchdog calls for tighter controls on agentic AI in finance
Global watchdog calls for tighter controls on agentic AI in finance LONDON, June 10 : Global regulators said increasingly autonomous forms of AI could amplify risks for the financial system and called for new controls as adoption accelerates. The Financial Stability Board (FSB) in a report on Wednesday "strongly" encouraged boards to consider implementing safeguards to mitigate risks from AI, including from “agentic” AI — or those systems capable of planning, reasoning and executing tasks...