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Claim · 2025-04-09 · publication · Stated in source · Supported

The Bank of England’s Financial Policy Committee states in its Financial Stability in Focus of 9 April 2025 that reliance on a small number of providers for a given service could lead to systemic risks if they are disrupted, and that growing concentration in the supply of AI-related services could increase risks to the financial system.

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Financial Stability in Focus: Artificial intelligence in the financial system → articulates → Reliance on a few AI providers creates concentration risk

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