{"id":240995,"date":"2026-07-07T07:09:00","date_gmt":"2026-07-07T11:09:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/07\/07\/opening-remarks-on-sound-practices-for-artificial-intelligence\/"},"modified":"2026-07-07T07:25:10","modified_gmt":"2026-07-07T11:25:10","slug":"opening-remarks-on-sound-practices-for-artificial-intelligence","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/07\/07\/opening-remarks-on-sound-practices-for-artificial-intelligence\/","title":{"rendered":"Opening remarks on sound practices for artificial intelligence"},"content":{"rendered":"<p><a href=\"https:\/\/www.fsb.org\/2026\/07\/opening-remarks-on-sound-practices-for-artificial-intelligence\/\">Opening remarks on sound practices for artificial intelligence<\/a><\/p>\n<p><a href=\"https:\/\/www.fsb.org\/2026\/07\/opening-remarks-on-sound-practices-for-artificial-intelligence\/\">https:\/\/www.fsb.org\/2026\/07\/opening-remarks-on-sound-practices-for-artificial-intelligence\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-07-07 07:09:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.fsb.org\">www.fsb.org<\/a><\/p>\n<ul>\n<li>\n<p><strong>Introduction to Consultation Report<\/strong>: The speaker is presenting the consultation report on Sound Practices for Responsible Adoption of Artificial Intelligence by the Financial Stability Board (FSB), with an emphasis on incorporating feedback to finalize the report.<\/p>\n<\/li>\n<li>\n<p><strong>Collaborative Effort<\/strong>: The report was led by Hern Shin Ho from the Monetary Authority of Singapore, supported by the FSB Secretariat staff and collaborated with the US Treasury and SEC to produce the report.<\/p>\n<\/li>\n<li>\n<p><strong>Purpose and Goals<\/strong>: The aim of the report is to outline sound practices financial institutions can follow to responsibly adopt AI, manage risks, and innovate beneficially. <\/p>\n<\/li>\n<li>\n<p><strong>AI Monitoring in Banks<\/strong>: The Federal Reserve has been monitoring AI usage in banks for nearly a decade, highlighting an increased adoption and diverse use cases amongst banks of various sizes.<\/p>\n<\/li>\n<li>\n<p><strong>Proportionality and Specificity<\/strong>: The report emphasizes proportional governance and the materiality of AI use in financial institutions&#8217; operations, stressing that the level of controls should align with the risks involved and not the institution\u2019s size.<\/p>\n<\/li>\n<li>\n<p><strong>Feedback and Finalization<\/strong>: There is a call for feedback to help finalize the report, which will be delivered as a US G20 deliverable, focusing on ensuring the guidelines support responsible innovation across different institutional sizes and risk profiles.<\/p>\n<\/li>\n<li>\n<p><strong>International Collaboration<\/strong>: The speaker acknowledges the international cooperation thus far and emphasizes looking forward to improving the report based on continued feedback.<\/p>\n<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Opening remarks on sound practices for artificial intelligence https:\/\/www.fsb.org\/2026\/07\/opening-remarks-on-sound-practices-for-artificial-intelligence\/ Publish Date: 2026-07-07 07:09:00 Source Domain:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":240996,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.fsb.org\/uploads\/fsb-image.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-240995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/240995"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=240995"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/240995\/revisions"}],"predecessor-version":[{"id":240997,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/240995\/revisions\/240997"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/240996"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=240995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=240995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=240995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}