(7 September 2026 – Global) The G20 Financial Stability Board (G20 FSB) warns newly released artificial intelligence (AI) models represent a rising threat to global financial markets stability.
The board insisted measures to ensure the safe release of AI models must be a priority in a letter to regulators from the Group of Twenty (G20) intergovernmental forum for international economic cooperation, representing over 85 percent of global GDP and two thirds of the global population.
G20 members include the EU, African Union (AU), Argentina, Australia, Brazil, United States, United Kingdom, France and Germany.
The warning from Bank of England (BoE) Governor and FSB Chair Andrew Bailey was directed at reserve bank governors and treasury heads from the G20 following several recent incidents involving new models hacking into corporates from companies such as OpenAI (ChatGPT), Anthropic (Claude) and Meta Platforms (Muse).
“The FSB will remain focused on identifying emerging vulnerabilities, strengthening resilience and ensuring that innovation is consistent with financial stability” Bailey stated.
“Frontier AI may have the ability materially to alter the speed, scale and economics of cyber risk, which could undermine market confidence system-wide, especially due to highly concentrated third-party service providers.”