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Claim · 2025-11-05 · event · Stated in source · Supported

In opening remarks on 5 November 2025, Tuomas Välimäki, Member of the Board of the Bank of Finland, said that dependence on third-party service providers is a key concern and that authorities must identify the critical service providers behind banking services, including providers of AI models.

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From promise to practice: How AI is transforming the economy, the financial sector and financial supervision → articulates → Reliance on a few AI providers creates concentration risk

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