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Jonbinh
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On November 14, the FSB published a document titled “The Impact of Artificial Intelligence on Financial Stability,” which examines how AI can impact systems and infrastructure global finance. The FSB acknowledges that AI offers many significant benefits, including improving operational efficiency, personalizing products, enhancing regulatory compliance and providing powerful data analytics capabilities. However, the agency also warned that AI could "amplify" vulnerabilities in the financial sector, creating potential risks to global financial stability.
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