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‘Unpredictable’ risk driven by AI, geopolitics – Lagarde, Buch, Rehn

European supervisors call for caution – and more authority – at ESRB annual conference

Euro supervision

Artificial intelligence and a changing geopolitical landscape were the main themes of keynote speeches at the annual conference of the European Systemic Risk Board (ESRB) on September 26–27.

The ESRB oversees macro-level risks to the financial system across Europe and works in close collaboration with the Eurosystem, the European Commission and national banking and market authorities.

Lagarde: AI creates new vulnerabilities

Christine Lagarde, the ESRB chair and president of the European Central

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