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Banking regulators intensify scrutiny of banks' AI agent use, Reuters reports

Reuters reveals regulators are grilling banks on agentic AI

A Reuters exclusive, citing six sources, reports that the Federal Reserve, OCC and FDIC in the US, and the Bank of England and ECB in Europe, are questioning banks about agentic AI use, Chinese-developed technology, and whether autonomous systems can be controlled and shut down.

Reuters reveals regulators are grilling banks on agentic AI
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“The adoption of AI is often outpacing the ability to put the controls in place.”

Michael Woodbridge, Grant Thornton

Jamie DimonJamie Dimon JPMorgan CEOMichael Woodbridge Cybersecurity partner, Grant Thornton (London)Federal Reserve, OCC, FDIC US banking regulatorsBank of England, European Central Bank European banking supervisorsAnthropic AI developer, researcher of AI risk

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What was reported 2 claims about this development

  1. first by Investing.com News, 22h ago · also Straits Times

    1 more headline
  2. first by Reuters, 16h ago

All 2 developments of Banking regulators intensify scrutiny of banks' AI agent… →

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