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The Economic Times
The Economic Times
Technology

Global watchdog calls for tighter controls on agentic AI in finance

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 with limited human oversight.

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